Vice President of IMANI Africa, Bright Simons, has entered an appearance in the high-profile GH¢10 million defamation lawsuit filed against him by businessman Ibrahim Mahama at the Accra High Court, setting the scene for a real battle. In a strategic legal manoeuvre, Mr Simons has filed a comprehensive motion demanding that Mr Mahama and his […]
Vice President of IMANI Africa, Bright Simons, has criticised government’s planned early exit from the IMF programme, calling it a “classic case of good optics, bad economics.” Speaking on Joy News’ PM Express Business Edition on Thursday, April 24, he accused both the government and the IMF of elevating appearances over substance. “If the IMF […]
The approach of the Ghanaian government and its regulators to “managing” struggling banks in Ghana has evolved yet again. From majority state-owned banks doing “purchase and assumption”, we moved to “resolution and consolidation”, and now we are on the cusp of state-directed, privately financed, transactions to “save” solvent but capital non-compliant banks. Instead of the Government bearing […]
