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Election 2024: Bawumia is a complete failure – Ofosu Ampofo
Samuel Ofosu Ampofo, the former National Chairman of the opposition National Democratic Congress (NDC), has labelled Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP), as a failure.
He criticised the Vice President for his attempts to distance himself from the poor economic mismanagement.
In an interview with ChannelOne TV with Umaru Sanda Amadu, Mr Ampofo rebuked Dr Bawumia for not meeting the expectations of salvaging the economy.
He drew a comparison between the Vice President and Alan Kwadwo Kyerematen, the Leader of the Movement for Change, who is known for consistently presenting new ideas to gain power.
The former chairman added, “I have come because the call for change of this government has moved beyond partisanship to a national clarion call. The clarion call is more or less a national call to duty to ensure that this government which had brought so many economic hardships is voted out.”
“And I keep on asking myself, is Bawumia who he claims to be who he is? Because when he speaks on the campaign platform now, I ask whether he’s Alan Kyerematen, because he speaks as if Alan who has left the NPP and trying to come out with new ideas,” he noted.
“I wonder why a sitting Vice President would go and be making a certain statement and have forgotten his role as the chairman of the Economic Management Team. I heard him saying the reintroduction of the toll booths, you are part of this government?,’ he quarried.
According to him “As the Vice President, it is your government. You are an integral part and the number two most important person. When he was appointed, the president indicated he was bringing Dr Bawumia because of his economic prowess and credentials to come and salvage the economy. So, completely he’s a failure, he’s a failure.”
Mr. Ampofo urged Ghanaians to learn from the South African elections and vote out the current government.
The former NDC National Chairman expressed surprise at the silence over the country’s hardships.
He said Ghanaians should look at what has happened in South Africa over their election and take their decision that will chart a new path for the future of this country
“I believe that the NPP under President Akufo-Addo and Bawumia has taken this country for granted. And the silence of the voices we used to hear when NDC was in power is very surprising. But I believe that the ordinary Ghanaian will rise to the occasion and show that there’s a change of government,” he concluded.
Source: Citinewsroom.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
