BAMPOURI INSIGHT

  In recent times, a significant discourse on economic advancement has taken an intriguing turn with the introduction of the "24-Hour Economy" proposed by former President John Mahama, which I would like to term the concept as "M-24 Model," representing "Mahama’s 24-Hour Economy Model." This concept was put forth during the #BuildingGhanaTour campaign at the Trades Union Congress (TUC) in Accra, prompting extensive discussions about its potential merits and drawbacks. Former President John Dramani Mahama, the flag bearer of the National Democratic Congress (NDC), presented this concept as a noteworthy policy proposition during engagements with the TUC. This innovative concept aims to transform traditional economic structures by optimizing productivity and fostering continuous economic activity. As we undertake a comprehensive desk analysis of Mahama's proposal, it becomes essential to closely scrutinize its potential implications, challenges, and adv...

  Nana Addo Dankwa Akufo-Addo, elected President of Ghana in December 2016 and re-elected in December 2020, has led an administration built around flagship initiatives such as Free Senior High School, One District One Factory, and Planting for Food and Jobs. But alongside these achievements, his government has drawn sustained controversy. This examines ten cardinal sins of the Akufo-Addo administration. SIN 1: BANKING SECTOR CLEAN-UP   The banking sector restructuring undertaken by the Akufo-Addo administration in 2018 remains one of its most consequential and divisive interventions. Proponents regard it as a necessary corrective to an undercapitalised and poorly supervised sector; critics view it as an overreach that destabilised segments of the country's financial system. This decision was taken after a comprehensive review of the banking sector by the Bank of Ghana, which revealed that some of the banks were insolvent and posed a significant risk to the financial stability ...