Kwasi Duah

A sitting President asking someone who isnt in power to declare his stand on our waters being destroyed..herh!

This is why the dollar is 17 cedis now

This video is not AI generated

So Al Jazeera sent their team to our President’s hometown, Kyebi to film the galamsey operations happening in that area. Huge swathes of land and 92% of the country’s waterways have been polluted by galamsey. #StopGalamseyNow

Dear Middle Class Ghanaians, 1. You woke up one morning in 2022 to find out that govt bonds that you thought were "risk free" are anything but. You joined the uproar. Then moved on. 2. You woke up one day in 2024 to learn that pipe water you thought was cleaner than your village's stream is actually full of poison. You've joined the uproar. And waiting to move on. You are about to WASTE a 2nd crisis in just 2 years? A crisis is too precious a thing to waste. Jamaica used its experience of debt default to usher in a truly independent fiscal council. Sri Lanka is following suit. Kenya used its tax increase crisis to create a near-bipartisan finance ministry. What has Ghana got out of its twin crises so far? Nothing. Nothing durable. No structural change. All because the middle classes won't wake up to their class duty & generational responsibility. 🤦🏽‍♂️

Let’s not forget this woman was mining illegally and had her excavators burnt. Aside not having sense, she’s an active “galamsayer”. #StopGalamaseyNow

250 cedis a month!! $15 month. With national approval.

@Blacklipgrad @kudjorg I like raw-dogging it the old school way 😂

@jessefresh007 @kudjorg Wild! 😂😂😂

adulthood and calculations; herh! I open my calculator app at least 3x in a day 😭💀

@Da_Gem_In_I Congratulations Susan❤️

Turning my bach in to a yearly girls trip. #BachThatAssUp

These are not the hardest things to do but they easily happen when a society starts to deteriorate

Working closely with the I.T Department at the Korle-Bu Teaching Hospital in Accra, Computer Science graduates Aaron '24 and Jochebed '24 redesigned the hospital's information system; with I.T manager Benjamin Bello describing their work as "incredibly useful."

My additional fear is that we may also have to deal with drug cartel type violence as those involved try to use fear and chaos to protect their interests.

@nanayaw_ok 😂😂 send pounds

The Grand Reset: VCs and LPs Are Starting To Internalize Reality The past few years in the VC space have been brutal. Darwin has returned from vacation and the frothy gold rush of the 2018-2021 startup ecosystem has vanished. The ZIRP environment caused valuations to soar and VCs threw money at any startup with a pulse. The money was put to work by Founders quickly, many of whom chased shiny objects and undisciplined growth because their bank accounts were flush with cash. But a harsh reality set in once we entered a new and higher interest rate economic cycle at the beginning of 2022: The vast majority of the high-flying ZIRP era startups are unlikely to deliver great financial outcomes for their investors and employees. Early in the correction cycle there was a lot of denial by Founders, VCs and LPs, but this denial has for the most part gone away. For many startups it’s clear that it will be challenging if not impossible to earn their way into their last valuation. For many investors it’s clear that they’re playing to recoup their money (i.e. – playing for pref) rather than playing for “fund returning outcomes”. And for many LPs, they realize that this is an industry wide phenomenon because every active fund manager played the game that was on the field. This has birthed a phenomenon that can be thought of as "The Grand Reset" where everyone in the ecosystem is seeking the cleanest path to a “do over”. Venture capitalists know that they have one or two funds that are going to underperform but are excited about their front book opportunities. So the “new deal” they’re making with LPs is that they’ll try to quickly recoup what they can and make the most of the back book in return for being more disciplined going forward. LPs understand that more investments than normal will fail and they know that absorbing those losses will lead to lower fund performance. LPs realize that the VC asset class is cyclical and great vintages can be created by great managers once the ecosystem flushes out the mistakes produced in an abundant and free flowing capital environment. The “new deal” they’re making with VCs is that they’ll forgive a bad vintage if the VCs will be honest with them about what the back book is “worth”, be more disciplined going forward and they’ll do everything they can to return some cash “soon”. And many Founders have realized that the ZIRP funding environment hurt their startups in multiple ways. First, their common equity is likely buried under a massive preference stack. Second, too much money caused them to hire too many people and invest in too many projects and undoing this has been challenging. Third, raising capital when a company has been in “shedding mode” rather than “growth mode” is difficult which puts re-booting growth at risk. And finally, the opportunity cost of trying to fix a broken business vs. starting a new one from scratch makes sticking around “expensive”. The net result of this “Grand Reset” is that there’s no longer incentive for anyone to maintain the illusion they can shepherd mediocre companies towards billion-dollar IPOs that aren’t going to happen. Instead, the focus has shifted towards "landing the plane" for the 90% of companies that aren’t ever going to achieve escape velocity. This generally means navigating an acquihire for struggling companies and helping “good but not great” portfolio companies find exits through acquisitions or mergers even if it means selling for a fraction of their inflated peak valuations. This shift can be brutal for Founders who envisioned a triumphant IPO. But for many, it's a wake-up call. The pressure to "grow at all costs" has receded, replaced by a need to focus on building sustainable businesses with real revenue models and clear paths to profitability. And "The Grand Reset" isn't just about selling off inflated companies. It's about resetting expectations on all fronts. VCs are re-evaluating their investment theses, focusing on strong unit economics and caring about capital efficiency. Founders are being forced to build businesses that can turn over cards in a disciplined way and survive without the crutch of endless VC funding. And LPs are seeking to re-up with Funds that have great pre-2018 track records and have a true competitive edge in today’s new normal environment. This new landscape has its downsides. The flow of easy money has dried up which makes it harder for promising early-stage startups to secure funding. But there are upsides as well. The emphasis on fundamentals could lead to the creation of a new generation of startups built on a foundation of sustainable growth, not just hype. The Grand Reset represents a significant course correction for the startup ecosystem. It's a painful process, but it could ultimately lead to a healthier and more sustainable future for both VCs and startups alike. As the dust settles, one thing is clear: The era of easy money is over. The startups that emerge from this reset will be the ones that can demonstrate real value and build strong businesses for the long term. (More on "landing the plane" in a thread next week).

Nothing screams poetic justice than lights going off on Ursula Owusu while addressing the media at a time her government denies there is a power crisis. Shame!

I have finally secured the annual financial statements of Labadi Beach Hotel (Hotel Investments Ghana Limited) covering the last decade and been combing through the reports as prepared by the reputable Deloitte. I have also intercepted the 2023 management account of Labadi Beach Hotel. Incredibly, this is one of 6 hotels government says is struggling and desperately needs a strategic investor to inject capital and efficiency. Contrary to the deceptive government/SSNIT narrative, the financials show that Labadi Beach Hotel is far more profitable than previously thought. The financials reveal that Labadi Beach Hotel has cash reserves in 5 bank accounts amounting to an impressive GHS54,855,795.00. Labadi Beach Hotel from the 2022 Deloitte financial statement had a turnover of GHS120,438,655. From the 2023 management account, this has commendably increased to GHS188,076,649.00. Labadi Beach Hotel in 2022 posted a gross profit of GHS70,734,099.00 — a figure which astonishingly more than doubled by 2023 to GHS158,490,448.00 In addition to dividends, Labadi Beach Hotel over the last 5 years has paid a significant GHS20,318,232 in taxes to government. Clearly, Labadi Beach Hotel is a cash cow and not a struggling hotel as government propagandists are claiming. Anyone who takes over Labadi Beach Hotel alone can use its profitability to revamp all the hotels in SSNIT’s investment portfolio. Probably the all-Ghanaian management of Labadi Beach Hotel should be asked to manage all of SSNIT’s hotels. I am more convinced that this deal is not in our collective interest. Hands off our SSNIT hotels or get ready for our June 18 DEMO! #SSNITStopTheSaleNow

Not gonna lie: I had no idea the Great Wall of China was that long

@dedebaake @MyNameIsAkyere The first screengrab 😂😂

Our relationship in a nutshell. Happy birthday to the kindest, smartest, wittiest, strictest babe ever. The only person I know who sees the good in everyone 😏. My father’s favourite daughter 🤣🤣. Love you so much Efua! You personify your name every single day @MyNameIsAkyere