Monday 26 April 2021

Not An Easy Job Being Ghana's Leader

Despite all the backstabbing from some of his own New Patriotic Party (NPP)  colleagues - the confounded greed-filled  big-thieves-in-high-places  -  President Akufo-Addo will go on to leave a good legacy, by the end of his second tenure.  For sure. Cool.


He will be remembered as the leader who saved Ghana from being destroyed by COVID-19.  However, amongst the key decisions he needs to make, to  secure his legacy, is to confound all his critics,  by declaring the Atewa Forest Reserve  a national park, and banning all mining in it. It will cement his green credentials - and shame all the doubting-Thomas-types.


Banning all mining in the Atewa Forest Reserve, and declaring it a national park, will be a landmark watershed-moment for Nana Addo's presidency - and help revive the sunken image of an administration that even though has only just began its second term,  is already beginning to look like a lame-duck regime, unfortunately. 


As far as the Agyapa Royalties Jersey-domiciled offshore  special  purpose acquisition company (SPAC) is concerned,  the president will be wise to cancel it - as there is no doubt that it will lose its lustre soon. No question.  All SPACs will.  Definitely. The plain truth is that in time,  precious few investors will be drawn to them, as they become unfashionable and lose their shine.  


Far better then, for Ghana to hold on to the US$200 million gold  royalties cash annually - and fund much needed vital projects with them instead. Finally, no one is perfect. On that basis, one wishes President Akufo-Addo well.  Poor man. Not an easy job being Ghana's leader, koraaaaa, ooooo.  Hmmm, eyeasem, ooooo. Eeiiii, Oman Ghana - enti yewieye paaa enei? 




Sent from Samsung tablet.

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