Bright Simons

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Bright Simons writes: Will an African credit rating agency be a game changer?

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Momentum for an African credit rating agency has been building for a while. How will creating a localised agency change the appetites and biases of users of rating information, especially investors? The motivation for an African credit rating agency stems from a growing consensus in African scholarly circles that international ratings agencies are biased against … Read more

Court makes first ruling in Bright Simons vs. Fidelity Bank case

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On Friday, July 5, the Accra High Court dismissed an application brought by Fidelity Bank to strike out pleadings related to procurement abuses in Bright Simons statement of defence to the bank’s libel (defamation) suit. The court’s decision allows Simons to proceed with his counter-suit against the bank in the ongoing legal battle. The dispute … Read more