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DDEP: 85% participation rate not reflecting reality of Ghana’s debt crisis – Bright Simons

 Honorary Vice President of IMANI Africa, Bright Simons, claims that the government's 85% participation rate in the domestic debt exchange programme does not accurately reflect...

DDEP: How did final subscription shoot up to 85% from 50 in 24-hours? -Bright Simons questions

Vice President of IMANI Africa, Bright Simons has called into question government's announcement into how over 85 percent of eligible local bondholders signed up for the...

Banks should prepare for write-offs due to cocoa bills – Bright Simons

In light of the bleak outlook for COCOBOD's refinancing, Bright Simons, vice president of IMANI Africa, has urged banks and investors to prepare for...

Under Mahama, Ghana’s IMF engagement was “one of the most transparent in the world.” – Oxfam

One of the world's most transparent processes in 2015 was Ghana's interaction with the International Monetary Fund (IMF), according to Oxfam, a coalition of...

Government facing class action lawsuits over domestic debt exchange

Bright Simons of IMANI Africa has warned that government's decision to include individual bondholders in its Domestic Debt Exchange programme (DDE) is set to...

No IMANI executive had a private meeting with Menzgold – Bright Simons

Claims that IMANI Africa, the vice president of a policy think tank, had a private meeting with Nana Appiah Mensah of Menzgold or the...

Bright Simons addresses the seven problems in Ghana’s debt restructuring

Many people may remember how Ghana, for the sixth time in its history, was unable to continue paying its debts in 2000. As a...

Debt Restructuring: New Plan Still Doesn’t Meet Demands of Creditors – Bright Simons

Bright Simons, the vice president of IMANI Africa, has raised worry over the government's decision to forego involving a formal advisory group that would...

Debt Exchange: Ghana’s ‘take it or leave it’ model highly unusual – Bright Simons

Bright Simons, the vice president of IMANI Africa, called Ghana's approach to the debt exchange programme "very uncommon." He claims that in order to reach...

Government intends to increase consumption taxes in 2023 budget – Bright Simons hints

The 2023 budget presentation by the Finance Minister is anticipated to herald a clear route towards economic recovery, according to Honorary Vice President of...

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