Former Ghanaian President John Dramani Mahama has raised concerns over the government's approach to betting and gambling, arguing that as much as betting may not be morally justifiable, taxing it is inappropriate with the level of unemployment in the country.
Speaking at a public event, Mahama emphasized that, as much as betting was a growing industry in Ghana, especially among the youth, it was not the ideal avenue for economic growth or personal development. He acknowledged the widespread popularity of sports betting, particularly among young people, but stressed it was not a sustainable path to wealth generation or employment.
"Betting is not right. It encourages a culture of chance rather than hard work and skill," Mahama said. "However, in a country where the youth struggle for worthwhile employment, we cannot justify taxing this activity without first finding solutions to address this challenge of unemployment."
His remarks came amid increasing debate over the regulation of the betting industry in Ghana, as the country's government weighed a hike in taxes against betting companies to increase national revenue. However, Mahama warned that this approach would not solve the root cause of the country's economic challenges. He instead called for more emphasis on job creation and other opportunities that would be sustainable for young people.
"The government should invest in job creation and skills development, rather than taxing the vices of a generation facing limited opportunities," he said. He further added that even though betting companies pay a lot in terms of revenue to the state, this should not be an excuse for not addressing the bigger problem of youth unemployment.
These statements by Mahama have launched wider debates on the morality of betting in Ghana, with many raising questions as to whether capitalization of what others view as the exploitation of vulnerable youth is right. With the country facing challenges that include a slow job market, debates on how best to balance economic interests against social responsibility continue.
The call by the former president for a more holistic approach toward youth employment and economic development has resonated deeply among many who believe that the future of Ghana lies in providing young people with real opportunities to succeed beyond the world of betting.
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