Bright Simons
@BBSimons
Thinker | Provocateur
Four malls in Ghana and Nigeria, including West Africa's largest mall (West Hills), are being sold by two real estate players - Hyprop and Atterbury's Attacq - at a considerable loss to a lucky buyer: a young, ambitious, pan-African, real estate investor called, Lango. The four…
The "so what" of this piece by @BBSimons: Ghana’s Saglemi Housing scandal is not just a tale of corruption or incompetence. It is a vivid case study of "katanomics," where political decisions are made without coherent policy backing, leading to massive financial losses,…
A new Saglemi bombshell exposes katanomic decisions by successive governments 1. I describe as "katanomic" a society where politics and policy are so divergent that most decisions made by leaders become incoherent. 2. Recent events led me to subject some recent decisions by…
The murky underbelly of the gold rush in Ghana. theguardian.com/business/2025/…
Every well-meaning Ghanaian should be concerned about how the new administration has handled this case and what it signals for the broader effort to recover looted funds. If the shareholders themselves had previously accepted a higher liability, how does the new settlement deal…
The AG has recovered 10.6% of the Unibank Liability NOT 60% 1. On 22nd July 2025, the Attorney General of Ghana (AG) announced that he had reached an agreement with the owners of the collapsed Unibank who were under prosecution commenced by the previous government for financial…
Torna Africa24, la newsletter africana del @sole24ore! Questa edizione vi arriva da Addis Abeba, dove stiamo seguendo il vertice @UN sui sistemi alimentari. Oggi parliamo (anche) dei maxi-prestiti cercati dalla #Nigeria, del Golfo in #Africa e di un eterno ritorno ai vertici
You’re a state entity tasked with purchasing gold to generate foreign exchange in support of the cedi. Your mandate is fundamentally commercial. The more gold you buy, the better. Yet, you’re also responsible for ensuring that the gold you purchase comes from responsible sources.…
1. In February, the African Union declared 2025 "the Year of Reparations" for Africans and peoples of African descent. 2. The AU was at pains to emphasise that "reparations" in this context doesn't only mean financial compensation to Africans and African countries for the…
