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Take precaution, the tides will be high – Meteo Agency warns residents along east coast of the country
The Ghana Meteorological Agency (GMet) has cautioned persons living along the east coast of the country to make adequate preparations against possible high tides they are likely to experience in the coming days.
It says the state of the sea is expected to be rough, predicting that the high tides along the country’s coastlines may reach 1.82 metres on Tuesday evening or in the subsequent days.
In an interview with JoyNews, the Head of Central Analysis and Forecasting at the Agency, Felicity Ahafianyo, warned the impact could be devastating.
“Just selected areas, especially the east coast; those around Keta, Aflao, Ada and Akatsi areas but the west coast, for now, is free except that if we have a rainstorm that is moving, then they have a problem. But so far the rainstorm before getting to their end is not active.
“Once you have the high tides, it brings in water…whereby people’s houses get flooded and then maybe at times get things destroyed. So, that is why this time around we are trying our possible best to inform so that they will take a decision that will be positive, so that the impact that we saw the last time will not happen,” she said.
Meanwhile, the National Disaster Management Organisation (NADMO) has revealed its preparedness to deal with any crisis that may arise as a result.
The Communications Director, George Ayisi, explained that NADMO is liaising with the GMet and other stakeholders to ensure all updates are effectively communicated to all regional and district officers.
“Especially in the Volta Region, we’ve communicated it through the Regional Director and she is also relaying it to the district directors [to ensure] that we get them as many as possible to move to safer grounds [and] identified places that when the tides comes in, it will not affect them directly,” he stated.
Source: www.myjoyonline.com
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GEXIM deepens relations with US EXIM Bank
A management team of the Ghana Export – Import Bank (GEXIM) led by the Acting Chief Executive, Sylvester Mensah met with the leadership of the Export–Import Bank of the United States (US EXIM) on Wednesday April 23, 2025 in Washington DC, United States of America.
The Acting President and Chairman of US EXIM, Mr. James C. Cruse and Vice President, International Relations, Ms. Isabel Galdiz received the GEXIM delegation, which included Deputy CEO for Banking, Mr. Moses Klu Mensah and Head of International Cooperation, Mr. Jonathan Christopher Koney at the headquarters of US EXIM.
The meeting offered the GEXIM team the opportunity to share the strategic direction of the Bank in line with the resetting agenda of the President of the Republic, His Excellency John Dramani Mahama for the repositioning of the Ghanaian economy into an export-led one by providing the requisite investment to Ghanaian businesses.
Mr. James C. Cruse expressed US EXIM’s eagerness to deepen its existing relations with GEXIM and proposed the signing of a new Cooperative Framework Agreement following the expiration of a Memorandum of Understanding signed in 2019 to utilize US EXIM’s medium term loan guarantees to procure machinery by GEXIM for qualified Ghanaian Small and Medium-sized Enterprises (SMEs).
Mr.Sylvester Mensah thanked the Acting President and Chairman of US EXIM for hosting the GEXIM delegation and reaffirmed the Ghanaian government’s commitment to strengthening trade and investment between Ghana and its global partners for economic transformation of Ghana with GEXIM playing a pivotal role.
The two teams will be meeting on the sidelines of the 2025 US EXIM Annual Conference on 29th and April 30, 2025 to explore possible areas of collaboration and matching Ghanaian businesses to American companies. The meeting ended with an exchange of gifts.
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Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama
President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.
Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.
He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.
“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.
President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.
He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.
He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.
“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.
Source: Myjoyonline.com
