The Business & Financial Times
Editorial: The tired 'grand swoop' ritual
Editorial

Editorial: The tired 'grand swoop' ritual

Published August 11, 20262 min read

Twenty-one days. That is the notice given to operators of Laboma, the unpermitted beach enclave that has flourished on state-vested military land beside a dying lagoon. The demolition will be filmed. There will be soldiers, a minister and, perhaps, a phrase about ‘political will’. Then, as surely as the tide, the shanties will return.

Published by Christabel Danso
7 views

Topics in this article

Laboma beach

Comment guidelines

Please keep comments respectful. Use plain English for our global readership and avoid using phrasing that could be misinterpreted as offensive. By commenting, you agree to abide by our community guidelines and these terms and conditions. We encourage you to report inappropriate comments.

All Comments0

No comments yet. Be the first to share your thoughts.

Related Coverage: Editorial

Unlocking financing for goods in transit…       
Editorial

Unlocking financing for goods in transit…       

A major constraint on trade financing across Africa has been overcome with the Ministry of Trade, Agribusiness and Industry signing an international convention aimed at making goods moving by road, rail and other transport modes easier to use as security for bank loans.

Only 5% of funds lost to fraud recovered…
Editorial

Only 5% of funds lost to fraud recovered…

Concerns have been raised over the low recovery rate of funds lost to fraud across the country’s banks and specialised deposit-taking institutions (SDIs).

OmniBSIC wins African banking excellence award at IFAL26
News

OmniBSIC wins African banking excellence award at IFAL26

OmniBSIC Bank has won the African Banking Excellence Award for Growth, Innovation and Customer Value at the 12th International Forum on African-Caribbean Leadership (IFAL 2026), held in New York on the sidelines of the 81st United Nations General Assembly.

CIB, GhISP train banks on inclusive SME financing
News

CIB, GhISP train banks on inclusive SME financing

The Chartered Institute of Bankers, Ghana (CIB Ghana), in partnership with the Ghana Investment Support Programme (GhISP), has trained Small and Medium-sized Enterprises (SME) portfolio managers from banks and selected finance houses to strengthen lending to small businesses, with emphasis on gender inclusion, climate risks and cash-flow-based credit assessment.

MoFA challenges Gundoug farmers to strengthen community seed system
News

MoFA challenges Gundoug farmers to strengthen community seed system

The Ministry of Food and Agriculture (MoFA) has challenged community seed producers at the Gundoug community of the Upper East Region to transform their indigenous seed system into a model for climate-resilient farming that could be replicated across the five regions of northern Ghana.