Hot!
Akufo-Addo’s ‘Ghana Beyond Aid’ has turned us into a beggar nation – Mahama
Former President John Dramani Mahama has slammed the Akufo-Addo-Bawumia-led government for abandoning the 40-year national development plan and implementing the Ghana Beyond Aid agenda, which he claims has transformed Ghana into a “beggar nation.”
Speaking at the 9th Ghana CEO Network Business Cocktail, Mahama argued that the Ghana Beyond Aid policy has been ineffective.
He stated, “Unfortunately, the present government discarded the 40-year plan and replaced it with a Ghana Beyond Aid plan that has turned Ghana into a beggar nation.”
Mahama’s Alternative: 24-hour Economy
Mahama presented his alternative solution, the “24-hour economy,” which he claims is a well-thought-out initiative.
He explained, “The 24-hour economy initiative was well-thought-through and captured on page 105 of the NDC’s 2020 People’s Manifesto. Indeed, its roots emanate from the 40-year National Development Plan, the National Development Planning Commission (NDPC) put together when I was President.”
The NDC Flagbearer emphasized that Ghana’s current economic struggles are self-inflicted by the government.
He stated, “Undoubtedly, the economic catastrophe we face is self-inflicted and caused by this government. However, for the sake of Ghanaians and the future of our dear country, we cannot allow the status quo to continue.”
Mahama also expressed concerns about the 2024 budget, claiming it imposes burdensome taxes that harm businesses.
Despite the challenges, he remains optimistic and committed to implementing his 24-hour economic plan to revive the economy if elected president.
Source: Citinewsroom.com
Hot!
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
Hot!
Prophet Courage Heavens set to launch ‘Predestination’ book on March 23
Prophet Courage A. Heavens is set to launch the much-awaited book titled ‘Predestination’ on Sunday, March 23, 2025 at 5:00PM.
The launch, which is expected to impact lives, will take place at Crossgates Ministries, Flattop, off N1 Highway, opposite Angel Hauz.
The book is aimed at addressing the way people struggle to understand how free will and destiny align.
It is also aimed at providing clarity on God’s sovereignty and one’s place in His divine plan.
The various chapters of the book address various issues through scriptures and personal stories.
Committed to impacting society, part of the proceeds from the book will go into Courage Heavens Education Legacy (CHEL), an educational foundation transforming lives.
CHEL is dedicated to providing financial support and mentorship to brilliant but needy students, ensuring they have access to quality education and opportunities for a better future.
Prophet Courage Heavens is a prolific writer and previously authored Eli Eli Lama Sabachthani, a powerful book that encourages unwavering faith in times of trials.
In addition, he has written seven more prophetic and life-changing books that are yet to be published.
He is dedicated to raising the next generation for impactful ministry. As the leader of Crossgates Ministries, he nurtures believers in faith and purpose.
