Media appearances on Zimbabwe’s political crisis, post-Mugabe elections and economic outlook

November 2017 The military was likely to broker a power-sharing deal between Mugabe and former vice-president Emmerson Mnangagwa, country risk analyst at IHS Markit Theophilus Acheampong said. https://www.businesslive.co.za/bd/markets/2017-11-20-bonds-weaker-as-market-eyes-zimbabwe-and-credit-ratings-decisions/ Experts speculate that Mugabe will be held as a figurehead until a new ZANU-PF leader is anointed. “The military, using the leverage gained from the insurrection, is likely…

Ghana’s Mid-Year Budget Review: Will the proposed tax measures help businesses and consumers?

On 19 July, Ghana’s finance minister, Ken Ofori-Atta presented the New Patriotic Party’s (NPPs) mid-year fiscal policy and review of the 2018 budget to parliament. The presentation follows the earlier presentation of the 2018 budget in November 2017. It provides an overview of recent macroeconomic developments, revenue-expenditure analysis, a revised 2018 fiscal outlook, and budget…

Dr Ishmael Ackah writes on the new AMERI power plant deal

Dr Ishmael Ackah has taken the time to provide this excellent summary of the AMERI power deal for public education. I completely align with his thoughts. Great job! Ameri Deal–my opinion Original Deal —$510 million dollars (102 million dollars per year for 5 years). 1. Issues raised with the Original Deal: (i) Technology and possible inefficiency (Ameri…

New VAT Regime: Citizens will pay more –Dr. Theo Acheampong

Dr Theo Acheampong, a fellow of think tank IMANI Africa, has pointed out that the new Value Added Tax (VAT) structure will place more financial burden on the public, as consumers are likely to pay more for products and services… Finance Minister Ken Ofori-Atta told parliament categorically on Thursday, 19 July 2018 that there will not…

Aberdeen to play an important part in Ghana’s oil and gas industry by partnering with Ghanaian businesses

Two weeks ago (11-17 June), about 100 delegates representing 50 companies operating in Ghana’s upstream industry participated in the maiden Ghana Oil and Gas Trade Mission to Aberdeen, Scotland. The trade mission, which was the biggest trade delegation from Africa to Scotland in recent times, included Deputy Energy Minister Dr Mohammed Amin Adam, Petroleum Commission…

Maritime boundary with Togo needs attention – Dr Theo Acheampong

In the wake of revelations that GNPC’s exploration subsidiary Explorco has been facing harassment from Togolese navy officials during exploratory activities, government has been advised to as a matter of urgency resolve the country’s eastern maritime border demarcation with Togo. Energy Economist Dr. Theo Acheampong, who made the call, said the country should act fast…

Should the Tema Oil Refinery (TOR) be converted into a Tank Farm?

The Tema Oil Refinery (TOR) should not be converted into a Tank Farm. I struggle to see the rationalisation for this from a strategic, engineering or financial perspective including a value-for-money approach. For sure, build a second refinery in Takoradi or undertake a brownfield expansion of TOR to meet rising domestic and regional demand, but…

Prioritise Local Content in awarding new petroleum licences – Dr. Theo Acheampong

The government has been advised to prioritise local content and local participation in awarding upstream petroleum contracts, as it prepares to launch its first-ever bidding round in the growing industry. Government announced recently that it will be issuing new licences to deserving companies by the fourth quarter of this year, during the country’s first-ever bidding round…

Public lecture on the critical future of Ghana’s energy sector and how to avoid more surprises to Ghana’s growth prospects

On 25 April 2018, delivered a public lecture yesterday as an IMANI Africa @ImaniAfr Fellow on the “Critical Future of Ghana’s Energy Sector and How to Avoid More Surprises to Ghana’s Growth Prospects”. Many thanks to @lordcudjoe and the MANI team for organising this #oilmoneywahala @oilgasghana @benkoku Video Reports from IMANI’s Fellowship Lecture on the Critical…

Ghana’s infrastructure: The mystery of misspending – International Growth Centre (IGC)

Simple yet critical. We, as a country and people, have never been interested in data-led policy formulation and decision-making. The power of research in changing developmental outcomes is evidently demonstrated in this collaboration between IGC researcher Martin Williams of Oxford University and Ghana’s Civil Service. They find that 33% of local government infrastructure projects that…

Of Academic Research and Public Policy Considerations: Ghana’s Supreme Court and Dr. Raymond Atuguba’s Research Findings on the “Loyalty/Judicial Partisanship Effect”

By Theo Acheampong, PhD. Renowned legal scholar and academic Dr Raymond Atuguba, an Associate Professor of Law and Development at the University of Ghana speaking yesterday (16 February 2018) at the second annual GIMPA Law Conference is reported to have sought to create a link between voting trends by judges of the Supreme Court and…