General • 17 May 2026 Magical Realpolitik: Two kinds of facts wrestle for the soul of Realism May 2026 In the spring of 1988, Iran’s Revolutionary Guard (IRGC) began laying mines across the shipping lanes of the Persian Gulf. The Ayatollah’s navy had spent months dissuading tanker traffic from the Strait of Hormuz, and Washington responded with the largest convoy operation since the Second World War. Within... read more
General • 3 May 2026 Bank of Ghana Balances on a Knife Edge Preliminaries On 30 April 2026, the Bank of Ghana (BoG) published its audited financial statements for 2025. By law, these should have been approved by the Board and submitted to the Finance Minister by end-March. They were not. The Bank obtained a one-month extension, partly on the grounds that it... read more
General • 13 Apr 2026 Chaos where there should be Gold: The Duffours, Bogoso & Katanomics * * * Of Murky Beginnings Heath Goldfields announced its first gold pour on 19th February 2026. The mine had been dormant for two years. Fourteen hundred workers, the company said, were back on payroll. The Trafigura offtake agreement for 700,000 ounces of gold doré, with $65 million in debt... read more
General • 11 Apr 2026 All the Filla in the Ibrahim Mahama/E&P – Gold Fields Saga I have been inundated with messages from all quarters following my earlier article on the issue of the Damang mine controversy. After my appearance on Newsfile today, the messages spiked. I sense a lot of confusion due to incessant misinformation and spin so I am writing this follow-up article to... read more
General • 8 Apr 2026 Is Ibrahim Mahama/E&P being propped up to fall? It is a heroic saga made in Ghana. A homegrown company rises from contract mining to full ownership of a major gold mine. A local champion finally takes command of one of our most strategic assets. What’s there not to cheer? But this story is why the katanomics framework was... read more
General • 8 Apr 2026 Setting up national champions to fail: the case of Ibrahim Mahama and E&P I have been busy but this matter is important A crowded desk has put me behind on Ghana’s news and current affairs. Since I write mainly about policy, and policy matters are always voluminous, backlogs build up dramatically. Meanwhile, persuading those who ought to be most interested in policy –... read more
General • 23 Mar 2026 Brown Gold, Green Envy, and Black Comedy Ghana’s Cocoa Reckoning March 2026 In 1906 a Basel missionary named Josef Mohr sat in the Gold Coast and wrote a report dripping with omens. Cocoa was a blessing, he allowed. But watching greed bloom alongside the pods, forests felled, and children pledged as collateral, he could only sigh. His... read more
General • 22 Mar 2026 Big Men have brought a deal to take over from Bank of Ghana in financing GoldBod 1. A Chiefly Banker moves in to corner GoldBod financing deal The Chairman of LVSafrica is a traditional chief, Chair of state-owned enterprises, and the decades-long former CEO of a major multinational bank in Africa. While many of us were shouting ourselves hoarse about GoldBod’s losses and whether GoldBod could... read more
General • 15 Mar 2026 The Merry Alchemists of Tema Gas, Ghosts, and the Art of Surviving-to-Win in a Katanomic Market On 12 March 2026, the President of Ghana stood on the edge of a South Korean shipyard and commissioned a gas Nigerian vessel. Pan-Africanism notwithstanding, this is not a regular occurrence, I assure you. The HD Hyundai Heavy Industries... read more
General • 15 Mar 2026 The Alchemists of Tema Gas, Ghosts, and the Art of Surviving-long-enough-to-win in a Katanomic Market On 12 March 2026, the President of Ghana stood on the edge of a South Korean shipyard and commissioned a Nigerian vessel. Pan-Africanism notwithstanding, this is not a regular occurrence, I assure you. The HD Hyundai Heavy Industries yard... read more