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GPHA commissions 4 new craft …names them after retired staff
A group picture of the retired personnel and their families and some dignitaries
The Ghana Ports and Harbours Authority (GPHA) has commissioned four marine crafts christened after four former members of staff who worked with dedication.
They include a former Director of the Ghana Ports and Harbours Authority (GPHA), Mr Jacob Kwabla Adorkor, a former General Manager for the Fishing Harbour, Kumi Adjei-Sam, a former Director of the Port of Takoradi, Captain Joseph Eric Quansah and a Director of Port of Takoradi, Captain Edmund Deri Ziem.
The ceremony was attended by the Deputy Minister for Transport, Mr Frederick Obeng Adom and high profile officers of GPHA.
The boats are made up of two pilot boats named Capt Edmund Deri Ziem, and Kumi Adjei-Sam both deceased and would transport maritime pilots between the shore and the inbound or outbound ships they are piloting.
They would also ensure that pilots could efficiently and safely embark and disembark from vessels as they navigate through the ports and harbours under the jurisdiction of the GPHA.
The security patrol boats on the other hand which adds up to the infrastructure of the institution would enhance port operations and avert threats such as terrorism, smuggling, illegal migration, piracy, and unauthorised access to sensitive areas.
Addressing guests at the commissioning, the Deputy Minister for Transport, Frederick Obeng Adom said the boats would boost the operational capacity of the Ports of Tema and Takoradi, adding that the investment would translate into having more business from clients.
He observed that this would ensure a quick turnaround time for vessels while enhancing GPHA’s capacity to be able to receive modern container vessels and bulk carriers.
The Director General of the GPHA, Mr Michael Achagwe Luguje expressed appreciation to the retired personnel for their commitment and dedication that contributed to the significant achievements of the port community.
He said it was a tradition for the GPHA, to recognize staff whether dead or alive for their hard work and dedicated service.
One of the beneficiary retired staff, Mr. Adorkor thanked the port and urged the youth to take a cue from the gesture and give their best while in service.
In an interview with The Spectator he said, he was happy and proud that one of the crafts had been named after him and three others.
He described it as a rare honour for people to work with an institution and years later invited to be recognised in such an extraordinary way.
He therefore encouraged the youth to do their best even when it looked like no one was watching them because it would pay off at the end of the day.
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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
