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@bysh___

Follow the journey @durabuildghana

Se unió Eylül 2010
691 Siguiendo4K Seguidores
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Africa Facts Zone
Africa Facts Zone@AfricaFactsZone·
Egypt has inaugurated a 120 km Light Rail Transit (LRT) line connecting several new cities to the capital, Cairo.
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Mr Quaynor
Mr Quaynor@GeraldCrack·
Seems beating pep in a cup finals at wembley isn’t for everyone.
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Premier League
Premier League@premierleague·
Congratulations to @ManCity 🩵 They beat Arsenal 2-0 at Wembley to win the EFL Cup 🏆
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NBA
NBA@NBA·
KD. BORN TO SCORE. 5TH MOST EVER. A look back at Kevin Durant's journey to 32,393 points!
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NBA Courtside
NBA Courtside@NBA__Courtside·
Kevin Durant says it’s bigger then stats with Michael Jordan: “MJ is just bigger than the game. I mean, no matter who passes him in stats or who wins more, it’s going to be hard to win. Go 6-0. Even if you were to pass him in anything, just his impact on the sport and just culture in general is just too big.” (Via @boardroom)
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Jöel
Jöel@KojoTelfer·
SSNIT is beyond reform and we should stop pretending otherwise. Disband it! Transfer its AUM to reputable pension funds through a competitive process, and give contributors a choice over where their Tier 1 contributions go. We've delayed this conversation long enough.
Bright Simons@BBSimons

1. I just got reminded by @elliot_solution about an investigation I did years ago about SSNIT's IT platform, OBS, where I found that the contract sum was inflated by millions of dollars. 2. Elliot focuses on the fact that the IT manager was later prosecuted for, among others, totally forging his academic record (x.com/elliot_solutio…). Which is very interesting because it shows how poor attention to detail is in Ghana. Clearly, given how badly OBS was managed, the signs were always there? 3. The problem, of course, is that in Ghana, the elites focus on scandals & "corruption" when the real problem is their inability to invest any time to scrutinise policies & programs & push solutions to the problems at the root. "Corruption" is merely a symptom. By the time corruption actually manifests, many many things would have gone wrong long before. The deeper issue of why we can't nip corruption in the bud is policy-illiteracy, aka Katanomics. 4. Here is SSNIT again getting ready to splash almost $260 million on CENIT, a struggling power company that it owns. You will never hear any serious conversation about it anywhere. "Low-info elites," is what I call those who should be following & scrutinising such issues. 5. Re CENIT, SSNIT has barely made any money on the first power plant. After buying it for ~$91m and splurging more than $200m, it is doubtful that SSNIT has recovered even half that amount in a decade & half. 6. Because CENIT sits in an SPV structure, its books are opaque. But it features regularly in ECG debtor lists and one time it was flagged for dispatching virtually no electricity and relying on take-or-pay charges for income. 7. In no seriously managed fund would managers push to splurge another ~$260m on such an asset so another subscale plant can be built in Kumasi in a sector where the only buyer - ECG - constantly struggle to pay its bills. And preliminary investigations suggest that the plant may even be below spec. 8. In fact, if SSNIT was to follow the general investment guidelines in the pensions industry as set by regulation, it wouldn't be able to make further investments into CENIT because that would take it to roughly double the prudential limit. But SSNIT has long tried to operate outside the NPRA rules on the basis that it is special. 9. Now, I bring all this up to show that in a country where elites can't form a "critical policy audience" to dig into stuff like this & push back, how will focusing on "corruption" symptoms & shouting on radio about problems improve anything? 10. As we katanomists like to explain: "the devil is in the detail."

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Bright Simons
Bright Simons@BBSimons·
1. I just got reminded by @elliot_solution about an investigation I did years ago about SSNIT's IT platform, OBS, where I found that the contract sum was inflated by millions of dollars. 2. Elliot focuses on the fact that the IT manager was later prosecuted for, among others, totally forging his academic record (x.com/elliot_solutio…). Which is very interesting because it shows how poor attention to detail is in Ghana. Clearly, given how badly OBS was managed, the signs were always there? 3. The problem, of course, is that in Ghana, the elites focus on scandals & "corruption" when the real problem is their inability to invest any time to scrutinise policies & programs & push solutions to the problems at the root. "Corruption" is merely a symptom. By the time corruption actually manifests, many many things would have gone wrong long before. The deeper issue of why we can't nip corruption in the bud is policy-illiteracy, aka Katanomics. 4. Here is SSNIT again getting ready to splash almost $260 million on CENIT, a struggling power company that it owns. You will never hear any serious conversation about it anywhere. "Low-info elites," is what I call those who should be following & scrutinising such issues. 5. Re CENIT, SSNIT has barely made any money on the first power plant. After buying it for ~$91m and splurging more than $200m, it is doubtful that SSNIT has recovered even half that amount in a decade & half. 6. Because CENIT sits in an SPV structure, its books are opaque. But it features regularly in ECG debtor lists and one time it was flagged for dispatching virtually no electricity and relying on take-or-pay charges for income. 7. In no seriously managed fund would managers push to splurge another ~$260m on such an asset so another subscale plant can be built in Kumasi in a sector where the only buyer - ECG - constantly struggle to pay its bills. And preliminary investigations suggest that the plant may even be below spec. 8. In fact, if SSNIT was to follow the general investment guidelines in the pensions industry as set by regulation, it wouldn't be able to make further investments into CENIT because that would take it to roughly double the prudential limit. But SSNIT has long tried to operate outside the NPRA rules on the basis that it is special. 9. Now, I bring all this up to show that in a country where elites can't form a "critical policy audience" to dig into stuff like this & push back, how will focusing on "corruption" symptoms & shouting on radio about problems improve anything? 10. As we katanomists like to explain: "the devil is in the detail."
Bright Simons tweet mediaBright Simons tweet media
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SHAV★
SHAV★@shavnyuy·
Women in Architecture 🖤 Mariam Kamara is one of the architects designing for people’s needs and their environment. Celebrating women who build with intention. 📍 Hikma Complex, Dandaji, Niger Design: Atelier Masōmī
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Al Jazeera Breaking News
BREAKING: UK Housing Secretary Steve Reed said US President Donald Trump is “capable of speaking for himself” after Trump threatened to “obliterate” Iran’s power plants if Tehran didn't reopen the Strait of Hormuz within 48 hours. He added that Britain will not be dragged into the war but will protect its interests and work with allies to de-escalate the situation.
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SportsCenter
SportsCenter@SportsCenter·
The Slim Reaper passes MJ 😳 Kevin Durant moves ahead of Michael Jordan for fifth on the all-time scoring list with his 32,293rd point 🪣
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NBA
NBA@NBA·
Congrats to @KDTrey5 of the @HoustonRockets for moving into 5th on the all-time SCORING list!
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NBA
NBA@NBA·
"MJ is in a world of his own." KD on passing Michael Jordan for 5th on the all-time scoring list 👏
NBA@NBA

Congrats to @KDTrey5 of the @HoustonRockets for moving into 5th on the all-time SCORING list!

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Frank J. Fleming
Chuck Norris told a woman to calm down and she did.
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i@bysh___·
The heat in Accra isn’t random. It’s the cost of losing our green spaces. Weak enforcement of planning and environmental laws has consequences and we are all feeing it today.
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i@bysh___·
Tragedy of urban green spaces depletion in selected sub-Sahara African major cities Authors: Seth Appiah-Opoku, Kwaku Karikari Manu, Michael Osei Asibey, Owusu Amponsah Year: 2023 Link: academicjournals.org/journal/JASD/a…
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Michael Steele
Michael Steele@MichaelSteele·
.@realDonaldTrump you are a vile disgusting man. Petty and pathetic, you are a hypocrite who reeks of weakness and insecurities with no moral core. Regardless of the politics, the American people should be embarrassed and ashamed for ever having entrusted you with leadership. God rest Robert Mueller.
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