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  • General
  • • 13 Dec 2025

Is Bank of Ghana’s “Islamic Banking” Rebrand too clever by half?

Yesterday, I read the “exposure draft” of the Bank of Ghana’s Guideline for the Regulation and Supervision of Non-Interest Banking. The first thing that struck me is that the central bank’s strategic decision to rebrand “Islamic Banking” as “Non-Interest Banking” (NIB), while understandable as a bid to avoid the kind...

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  • General
  • • 12 Nov 2025

The OSP wants to jail former NPA Bosses, but Katanomics is the Bigger Culprit

The Office of the Special Prosecutor (OSP) is prosecuting former senior officials of the National Petroleum Authority (NPA), one of the big government agencies in Ghana’s energy sector. The OSP alleges that the former NPA Executives created an extortion racket that netted them more than $25 million in corrupt funds....

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  • General
  • • 18 Aug 2025

Katanomics disrupts African Union plan to put Africa on the World Map in a bigger way

The African Union has thrown its weight behind a projection system for rendering maps that shows Africa’s true size better than the much more popular Mercator system. Most educated people know that popular world maps don’t do justice to the sheer humongousness of the African continent. I personally learnt about...

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  • General
  • • 14 Aug 2025

Chaos after helicopter crash in Ghana highlights “katanomics” theory

Bright Simons | 13/08/2025 A helicopter crash on the 6th of August 2025 has thrown Ghana into a state of deep mourning. The deaths of the two Cabinet Ministers, a deputy national security boss, and two former government officials have hit the ruling party especially hard. Losing three officers trained...

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  • General
  • • 28 Jul 2025

Ghana’s Attorney General has recovered 10.6% of the Unibank Liability NOT 60% as he claims

1. On 22nd July 2025, the Attorney General of Ghana (AG) announced that he had reached an agreement with the main owners of Unibank, a big local bank that was previously collapsed (“resolved”) by the Bank of Ghana (BoG). Unibank’s majority shareholders (“owners”) had been under prosecution commenced by the...

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  • General
  • • 13 Jul 2025

The Bare Facts in the Black Volta Saga

1. If you didn’t get time to watch my presentation on Newsfile about the Black Volta goldmine, E&P, Azumah, and Ecowas Bank (@BIDC_EBID), here is a recording to view at your leisure. 2. I am very impressed by the bold journalism displayed by Newsfile, Joy, and Multimedia. Especially considering the...

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  • General
  • • 7 Jul 2025

ECOWAS Bank jumps into Big Gold Mine Fight in Ghana

Summary *********************************************************************************************************** One of the murkiest, most fascinating and most sensational fights for control of a gold mine is playing out in Ghana as prices of the yellow metal shoot for the sky. This saga is part boardroom battle, part political fiesta, and part policy mess. Everything rolled into one...

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  • General
  • • 24 Jun 2025

Furious Swiss Investors accuse Springfield & Kevin Okyere of Fraud

Yesterday, the news media in Ghana carried a story about a criminal complaint made by Swiss energy trader, Petraco, to Ghana’s organised crime agency, the Economic & Organised Crime Office (EOCO), against junior oil explorer, Springfield; its media darling founder, Kevin Okyere; and other senior executives and corporate affiliates. The...

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  • African Development, Critical Analysis, Development Finance Governance, Development Studies, Economic Development, General, International Political Economy, Macroeconomic Governance, Political Economy, Political Governance
  • • 9 Jun 2025

Afreximbank gripped by identity crisis amid surging growth

[This essay draws on a piece first published in Semafor.] Last week’s downgrade of the African Export-Import Bank (Afreximbank) to a notch above junk status by ratings agency, Fitch, immediately focused the minds of analysts across Africa on the Cairo-based multilateral development bank’s growing pains and identity crisis. New York-based...

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  • Critical Analysis, General, Political Economy, Political Governance
  • • 29 May 2025

When the President’s Brother Sues You

I got word this afternoon via social media that the brother of Ghana’s President, and the Chief Executive of mining services firm, Engineers & Planners, has sued me for 10 million Ghana Cedis (GHS), the equivalent of about $1 million on Ghana’s frothy forex market. What is the source of...

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