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Accept Alan’s resignation, he will never return to NPP – Gyampo
Political science lecturer at the University of Ghana, Professor Ransford Gyampo, is suggesting to the New Patriotic Party (NPP) to accept the resignation of Alan Kwadwo Kyerematen, because he will never return to the party.
He believes Kyerematen will not return to the camp of the NPP, even if the party attempts to convince him to rescind his decision.
Kyerematen resigned from the New Patriotic Party on Monday, September 25, to contest as an independent candidate in the 2024 presidential polls.
During an interview with Bernard Avle on The Point of View on Citi TV, Prof. Gyampo blamed the party for failing to address concerns raised by Mr. Kyerematen in the aftermath of the August primaries.
“I think that the decision has already been taken, the party must come to terms with it. We warned the party, did research, did the analysis and predicted, that if some of the things he complained about which he warned the party against were not handled well, then he could break away. And that will not augur well for a party that is interested in breaking the 8. But it appears that the party, just like the government doesn’t listen. Alan is a goner, he’s gone, and he will not return to the NPP,” Professor Gyampo asserted.
He predicted that the former Trade and Industry Minister’s breakaway would affect the party, as he would take away some of the NPP’s support base.
“They [NPP] should quickly put in place measures that will minimise the impact because whether you like it or not the man [Alan] is going to take away some support base from the party. If you want to break the 8, you cannot go into this contest with this particular incident if you don’t put in place measures. He will give them a run for their money,” he predicted.
The political science lecturer indicated that Mr. Kyerematen has not committed political suicide by resigning from the party.
“I don’t think it’s a political suicide, given the events he narrated as causing the decision that he took. It appears that there was no way he was going to be able to surmount the challenges that were confronting him within his own party. He said he wants to serve in the highest capacity as the president of the land. It clearly shows given the narration he gave that his party was not going to give him the chance. He still has that ambition, so the best thing he had to do was to take the decision he has taken just so he can be able to serve the country,” he stated.
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
