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Real estate is not just about buying lands or properties – John Sam (CEO of John Sam Realty) cautions investors

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In a recent social media post that has sparked significant conversation within the real estate industry, John Sam, the CEO of John Sam Realty, emphasised the enormous potential of real estate investment in Ghana. According to him, the sector remains one of the most lucrative investment opportunities in the country, but success heavily depends on having the right guidance and market understanding.

“Real estate is very lucrative, but you need a proper guide to help you scale through,” John Sam stated, highlighting a sentiment that resonates with both seasoned investors and newcomers to the industry.

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He further elaborated on the importance of partnering with experts who possess in-depth knowledge of the local market. In his view, real estate is not just about buying land or property it’s about understanding the dynamics of demand and supply, population growth, urban development trends, and government policies that affect property values.

“There are specific areas in Ghana that offer better returns than others, depending on what kind of investment you’re making—residential, commercial, or industrial,” he explained. “Without the right insights, an investor could end up tying up capital in areas that may not yield the expected returns.”

John Sam urged individual and institutional investors to carry out due diligence and seek the advice of professionals who are active within the market. He believes this step is crucial in avoiding common pitfalls and making informed decisions that align with both short- and long-term financial goals.

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Lifestyle

Portia Nana Akua Pinamang Weighs in on the Sam George vs. DStv Saga: Consumer Victory or Political Showmanship?

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Ghana’s media space has been buzzing with the high-stakes standoff between Communications Minister Samuel Nartey George and MultiChoice Ghana over DStv’s steep subscription fees. While the drama has sparked heated debates from Parliament to the streets, education advocate and social commentator Portia Nana Akua Pinamang believes the matter goes beyond political muscle-flexing – it’s about the future of consumer rights and regulatory credibility in Ghana.

The Price Hike That Sparked a Showdown

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The issue came to a head after MultiChoice introduced a 15% price hike in April 2025, pushing the Premium package to GHS 865 – a figure nearly three times Nigeria’s NGN 43,500 (about GHS 305) and more than double South Africa’s ZAR 576 (around GHS 336). For Portia, this comparison is not only alarming but highlights the inequities Ghanaian subscribers have endured for years. “Ghanaians are not asking for charity; we are demanding fairness. Why should the Ghanaian consumer pay the highest price for the same product across the continent?” she asks.

Minister George quickly moved to confront MultiChoice, invoking regulatory authority through the National Communications Authority (NCA). But Portia cautions that while the Minister’s boldness is commendable, the true test lies in whether these interventions will bring permanent relief or simply serve as political theater.

The Legal Tightrope: What the Law Says

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At the heart of the controversy is the Electronic Communications Act, 2008 (Act 775), which regulates the telecommunications and broadcasting sector. Section 25 allows tariffs to be determined by market forces but empowers the NCA to intervene where pricing practices are anti-competitive. Section 6(1)(d) further prohibits actions that stifle competition, including unfair or excessive pricing.

For failing to submit requested pricing data, MultiChoice was hit with daily fines of GHS 10,000 – a move Portia defends as “a necessary step in holding powerful corporations accountable.” Yet she stresses the importance of due process. Under Sections 13 and 72 of Act 775, as well as the National Communications Authority Act, 2008 (Act 769), any license suspension requires 30 days’ notice and a fair hearing. “We cannot afford to cut corners, even when public anger is justified,” Portia warns, pointing to critics who accuse the Minister of ‘bully tactics.’

The lack of a Competition and Fair Trade Practices Bill, 2019, which remains unpassed, has left regulators improvising. Portia describes this as “a dangerous gap that leaves both consumers and businesses in limbo.”

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The Bigger Picture: Investor Confidence and International Obligations

Portia is also mindful of the broader implications. MultiChoice is a South African company, and Ghana is bound by both the Ghana-South Africa Bilateral Investment Treaty (1997) and the African Continental Free Trade Area (AfCFTA) framework. These agreements guarantee fair treatment for investors and prohibit measures that could be viewed as disguised expropriation. A suspension of MultiChoice’s license, for example, could trigger costly international disputes.

“Protecting consumers is non-negotiable, but Ghana must also honor its commitments under AfCFTA and the WTO’s GATS rules. Investor confidence is fragile – we need smart regulation, not scare tactics,” she argues.

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Beyond the Headlines: What Ghanaians Really Need

On October 1, MultiChoice rolled out new packages with 33–50% more content, touted by the Minister as a win for consumers. But Portia notes that these were only promotional offers valid for three months, not the permanent price cuts that were demanded. The Minority in Parliament has since called for the Minister’s resignation, labeling the episode a waste of time and resources.

For Portia, the lesson is clear: “This is not the time for chest-thumping. It is the time to institutionalize consumer protections. Passing the competition law, empowering the NCA to conduct regular price audits, and ensuring transparency in the pay-TV market will bring lasting results.”

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