Month: January 2019

Prologue When the Namo Naa, Lord of the Drummer-Poets, senses in his spirit the rise of a new Yaa Naa, a new verse rises in his ears and he can feel the hairs bristle on the ancient skins of Sitobu. He does not need to summon the Lunsi. They know...

When Dr. Addision’s administration at the Bank of Ghana commenced with their plans to force Ghanaian banks to increase their equity whether or not their business model supported such an expansion or not, some of us argued vehemently against it. We argued that this decision to force banks to expand...

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...