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Predecessors Awards Worldwide to be launched in Finland
Miss Okine
Predecessors Awards Worldwide (PAW), an global organisation focused on acknowledging and honouring individuals for their contribution to society will launch this year’s awards in Finland on May 25.
Dubbed ‘Legacy of Hope, title of an autobiography by Samuel Yaw Anini, honoree of the awards, this year’s event in Helsinki would feature other distinguished individuals who had supported humanity over the years.
Speaking ahead of the event the Vice President of PAW, Madam Ruby Okine said,the organisation has 50 books to be published and launched for various honorees in Ghana, South Africa, USA, France, Belgium, and other countries.
She called on philanthropists and people in society who identify with the need to honour heroes in the older generation to partner with or support their projects.
She mentioned that through the PAW, an Einstein Memorial Institute of Education and Health would also be launched in Ghana in September.
She also mentioned that work is underway to establish the African Diasporan Village, a project of two honorees of Prestigious Annual Predecessors Awards (PAPA) 2023, as well as others in Africa and Europe.
PAW is one of the 14 networks of Relevant Achievers Impacting Nations with an objective to discover, appreciate, and honour heroes in older generations, especially the unsung.
The organisation believes that too many people after great acts of self-sacrifice to better society were forgotten once they were off the scene.
They believe that there were many unsung heroes in various segments of society that needed to be honoured in their lifetime.
As a result, PAW hosts the PAPA in five locations – Africa, America, the Caribbeans, Europe, and the Middle East – to award various heroes.
The organisation sponsors, publishes and launches autobiographies for honorees who receive this award.
PAW recently hosted PAPA2024 Caribbean Edition in the Bahamas
By Edem Mensah Tsotorme
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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
