By Ephraim Ofori Numosuor, Financial Economist | Research & Policy Analyst.
As Ghana marks 68 years of independence, the theme for this year’s celebration; Reflect, Review, and Reset, could not be more fitting. It is a call to pause, look back at our journey, evaluate our present, and take bold steps to shape our future. Independence was not just about breaking free from colonial rule; it was about laying the foundation for economic freedom, social justice, and national prosperity. Nearly seven decades later, where do we stand?
This is a moment of national soul-searching, to ask the hard questions, confront the uncomfortable truths, and recommit ourselves to the dream of a truly independent and thriving Ghana.
Reflect: Honouring the Struggles and Triumphs
March 6, 1957, was not just a day of political independence; it was the culmination of years of struggle, sacrifice, and unwavering belief in self-governance. Dr. Kwame Nkrumah and our forefathers did not fight for independence so we could merely exist as a nation, they fought for a country where every Ghanaian could live with dignity, opportunity, and prosperity.
As we reflect on our past, we must acknowledge both our victories and our setbacks. We have made significant strides:
· Ghana was the first sub-Saharan African country to gain independence, inspiring an entire continent.
· We have enjoyed relative political stability compared to many African nations.
· Our democratic institutions have matured, ensuring peaceful transitions of power in recent years.
· Ghana remains a beacon of culture, music, and innovation, leaving an undeniable mark on the world. From the soul-stirring rhythms of Highlife and Afrobeats, championed by legends like Osibisa, Amakye Dede, and modern stars like Sarkodie and Stonebwoy, to the bold colours and intricate patterns of Kente cloth, worn with pride across the globe, Ghana’s cultural influence is undeniable.
· In sports, Ghana has produced legends like Abedi Pele, Asamoah Gyan, and Mohammed Kudus, whose skills have mesmerized football fans worldwide. The lifting of the U-20 World Cup trophy in 2009 was a significant milestone, earning admiration from our fellow Africans and the world.
· In business and innovation, Ghanaians are making waves, from Dr. Thomas Mensah, a pioneer in fibre-optics, to young entrepreneurs leading tech startups and fintech solutions that are transforming Africa’s digital economy. The Year of Return in 2019 showcased Ghana’s deep historical roots, welcoming the African diaspora and strengthening the nation’s global cultural impact. It is therefore undoubtedly, that through music, sports, business, and a rich cultural heritage, Ghana’s influence continues to grow, proving that this nation is not just a leader in Africa, but a force to be reckoned with on the world stage.
However, reflection is incomplete without honesty. 68 years on, have we truly achieved economic independence? The struggle today is no longer against colonial rule but against poverty, corruption, youth unemployment, and underdevelopment. The dreams of our founding fathers remain unfulfilled in many ways.
Review: Where Are We Today?
To build the Ghana we all desire, we must take a hard look at our current reality. Despite our potential, we are still battling economic instability, rising public debt, and declining investor confidence.
· Economic Challenges: The cost of living is rising, inflation remains high, and debt restructuring has left the nation in financial distress. Many Ghanaians struggle to make ends meet, and businesses are grappling with harsh economic conditions.
· Youth Unemployment: With over 60% of Ghana’s population under 35, job creation remains a pressing issue. The promise of economic empowerment feels distant for many young people, despite their talent and potential.
· Education & Skills Gap: While access to education has improved, many graduates lack the skills needed to compete in the modern economy. There is a widening gap between education and employability.
· Corruption & Governance Issues: The fight against corruption remains largely rhetorical. Public resources are often mismanaged, and many Ghanaians feel disillusioned with the government’s ability to drive real change.
· Infrastructure & Development Gaps: While we have seen progress in roads, healthcare, and digital connectivity, many communities still lack basic social amenities like clean water, reliable electricity, and proper healthcare facilities.
We must review our policies, leadership decisions, and national priorities with honesty. If we continue on this path, will we be able to secure a better future for the next generation?
Reset: A New Beginning for Ghana
“Reset” is a powerful word. It is not just about change; it is about transformation. Ghana must make bold decisions and take practical steps to chart a new course toward sustainable development.
- Economic Reset: Shifting from Debt Dependence to Production
· We must prioritize industrialization—producing what we consume and reducing reliance on imports.
· Investing in agriculture and agribusiness can create millions of jobs and boost food security.
· Strengthening local manufacturing and value addition to natural resources will create wealth within the country.
- Youth Empowerment Reset: Skills Over Certificates
· Education should be more practical and entrepreneurship-driven, focusing on STEM, digital skills, and vocational training.
· Government and the private sector must create innovation hubs and funding opportunities to support young entrepreneurs.
- Governance Reset: A New Culture of Accountability
· Strengthening anti-corruption laws and ensuring zero political interference in prosecuting corrupt officials.
· Reducing wasteful government spending and redirecting funds to critical development projects.
· Enhancing transparency in the use of public resources to restore citizens’ trust in leadership.
- Industrialization & Infrastructure Reset: Investing in the Future
· Ghana must build strong transportation networks, reliable energy systems, and smart cities to support rapid economic growth.
· Expanding renewable energy investments will ensure a sustainable and affordable power supply.
· Digitizing government services can reduce inefficiencies and improve service delivery.
A Call to Action: Ghana’s Future is in Our Hands
At 68 years of independence, we cannot afford to continue on the same path. This is not just a time for celebration, it is a wake-up call for all Ghanaians to take responsibility for our collective future.
· For the Government: Lead with integrity, prioritize economic development, and create an enabling environment for businesses and individuals to thrive.
· For the Private Sector: Drive innovation, invest in local industries, and create opportunities for young people.
· For the Citizens: Demand accountability, contribute to nation-building, and embrace a mindset of productivity and hard work.
As we Reflect, Review, and Reset, let this anniversary mark a turning point in Ghana’s history, a moment where we choose progress over stagnation, action over complacency, and a brighter future over the mistakes of the past.
The journey of independence is not over; it is only just beginning. The destiny of Ghana lies in our hands. Now is the time to build the nation we all dream of.
Happy 68th Independence Anniversary, Ghana! May we rise to the challenge and create a future worthy of our struggle.
