Bright Simons
@BBSimons
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Thinker | Provocateur
Joined May 2010
1. I was totally perplexed to read that a retired Wing Commander (equivalent to a Lieutenant Colonel in the army branch) of the Ghana Air Force says that the 4 Harbin Z-9EH helicopters, one of which tragically crashed last week, were DONATIONS from China to Ghana. 2. No
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In 2022, I wrote this: ***************************************** Nigeria spends on average ~$900,000 on each of its 105 embassies & missions per year. South Africa spends ~$1.2 million on each of its 126 embassies & missions abroad per year. Ghana spends on avg $1.8 million
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Four quick things that popped up in the 2026 Budget released by the Ghanaian Finance Ministry: 1. Are there significant errors in the interim audit report of pending and rejected arrears released by the Auditor General? The Finance Minister's tally of nearly GHS 70 billion in
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Unless you don't want the President to travel outside the country anymore, you are going to have to trust what airline safety and maintenance crew say about whichever aircraft the President travels on. Or, @FEKBonnie ?
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Ghanaโs presidential jet has been delivered safely back into the custody of the Ghana Air Force since Monday, the 10th of November. Exactly 8 months after it was sent to the Dassault Falcon Service MRO base at Paris Le Bourget (PLB). Whilst at PLB, it underwent a MANDATORY
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We already knew from the PwC audit that ECGโs average monthly revenue in 2024 was about 1.3 billion cedis. You can even see in the attached chart that revenue for December 2024 was 1.5 billion cedis. The issue was that ECG was under-declaring revenue to the regulator through the
ECG's revenue has risen by almost 90%... - Dr. Ato Forson (Finance Minister) #GHOneNews #EIBNetwork
#GHOneTV #NewsAlert
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This was such a rich and wonderful conversation with one of my favorite writers and thinkers. Howard's new book about Kwame Nkrumah is a revelation.
A podcast conversation (and transcript) with the terrific Lydia Polgreen of the New York Times about my new book, The Second Emancipation, and about Africa's place in the world of today and tomorrow.
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If 10% wasnโt sufficient 10 months ago, why is the minister and the government now trying to settle for just 5%? The price of lithium hasnโt crashed; in fact, it is higher today than when the company begged for the approval of the old deal. What has changed?
1. Ghana's Mines Minister says lithium prices have fallen from over $3000 since the country's first lithium mine agreement was signed with Atlantic, a Sydney-based miner, to just over $630 today. 2. Because of that, the 10% royalty stake many Ghanaians were unhappy with would
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In the era of so-called natural resource nationalism, taking over our own natural resources and creating national champions, we are giving away lithium for cheap to a foreign company. The lithium deal agreed last time was so bad that many of us protested, and it has now been made
1. Ghana's Mines Minister says lithium prices have fallen from over $3000 since the country's first lithium mine agreement was signed with Atlantic, a Sydney-based miner, to just over $630 today. 2. Because of that, the 10% royalty stake many Ghanaians were unhappy with would
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1. Ghana's Mines Minister says lithium prices have fallen from over $3000 since the country's first lithium mine agreement was signed with Atlantic, a Sydney-based miner, to just over $630 today. 2. Because of that, the 10% royalty stake many Ghanaians were unhappy with would
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1. You may have heard that Ghana's Special Prosecutor (OSP) is trying to jail former bosses of the main fuel regulator (NPA) for massive corruption of more than $25 million in connection with an NPA fund called "UPPF". 2. In recent days, however, you are more likely to have been
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Bright Simons, Ibrahim Mahama Clash in Ghanaโs Most Watched Defamation Trial Details Here : https://t.co/q3cYzw4zjQ
@BBSimons @AmeyawDebrah
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@BBSimons ๐คฃ๐คฃ๐คฃ๐คฃ This is really not funny but I can't stop laughing. Over the years we (Ghana) have become very adept at "looking good" in the eyes of the Bretton Woods Institutions. To look good on "cash basis" we simply withhold payments at the end of the fiscal year. Never mind on
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In short, @BBSimons has highlighted a ticking time bomb beneath Ghanaโs fiscal recovery narrative. The latest arrears audit reveals a silent threat hiding beneath the IMF program: ๐ GHS 90 billion in confirmed arrears nearly 10% of GDP ๐ Road projects dominate and just 25
1. Ghana's Finance Minister has been ruthless and hyper-efficient in trying to close Ghana's IMF program on a high note. The previous administration also generally had the same approach but some feel that the current lot are stricter. 2. One way this manifests is in "arrears".
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1. Ghana's Finance Minister has been ruthless and hyper-efficient in trying to close Ghana's IMF program on a high note. The previous administration also generally had the same approach but some feel that the current lot are stricter. 2. One way this manifests is in "arrears".
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1. If you want proof that large-scale IQ studies that purport to judge average IQs of whole nations and regions have become junk science, take a look at the current IQ data on World Population Review (WPR). 2. The 2019 IQ data comes from work by Richard Lynn and David Becker,
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1. I find the "500 million scam" allegedly perpetrated by the Bankai Group and its founder, Bankim Brahmbhatt, against sophisticated "private credit" investors like HPS and Blackrock mesmerising. 2. Apparently, when Blackrock went over to Bankai's "headquarters" in Garden City,
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