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3rd August 2023 5:24:42 PM
2 mins readBy: Phoebe Martekie Doku

An independent presidential hopeful in Ghana, Dr. Sam Ankrah, has put forward a suggestion to list some high-earning Senior High Schools (SHS) on the stock market to ease the financial burden on the government.
He believes that schools such as Prempeh College, Achimota, and Adisadel College could be offloaded to interested parties, including alumni, who can buy shares and take over the management of these institutions.
Dr. Ankrah argues that this move is necessary to maintain the quality of education in these schools, as the current government-funded "Free SHS" system is struggling to provide sufficient resources.
“We need to offload our high-earned school. Schools like Prempeh College, Achimota, Adisadel College, all these schools should be offloaded to the old boys and anybody with interest to buy into it.
“Let them buy shares into it and then they run the schools. We should flow the school on the stock exchange.
He continued to say that “There is nowhere in the world where you go to boarding school for free, lets me be real here and you want to maintain the novelty of the school. Right now, it’s free and it’s not quality. The quality goes down every day. Already the old boys are managing certain aspects of the schools ,” he explained.
By involving private investment, he believes that the schools can maintain their prestige and excellence.
He stated, "There is nowhere in the world where you go to boarding school for free, let me be real here, and you want to maintain the novelty of the school. Right now, it’s free and it’s not quality. The quality goes down every day."
According to Dr. Ankrah, the government can retain some interest in these schools while allowing the private sector and passionate stakeholders, such as alumni, to take active roles in managing and funding the institutions.
This, he believes, will enable the government to redirect funds to other important areas while ensuring that the quality of education remains high.
While the proposal may face varying opinions and considerations, it presents an alternative perspective on how to sustain the quality of education in high-earning SHS in Ghana.
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