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Back-to-base Kotoko aim to silence Bechem

After one year and eight months, Asante Kotoko will now have a new feel of the renovated Baba Yara Sports Stadium in Kumasi when they slug it out against leaders Bechem United in the week-two fixture of the Ghana Premier League (GPL) on Sunday.

Kotoko will be eager to pick a second straight victory against a well-organised Bechem United who kicked off their campaign in grand style with an emphatic 4-0 win over Medeama SC last Saturday.

With both sides yet to taste defeat, much will be centred around the cracker as the headliner.

The Porcupine Warriors produced a sweet 3-1 come-back against Dreams FC last Saturday after which gaffer Dr Proaper Narteh Ogum has been praised by many for his tactical brilliance – effecting two mind-blowing changes which resulted in all three goals in the dying stages of the afternoon.

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With the return of former GPL top scorer Augustine Okrah, Emmanuel Avornyo who bagged brace on his debut, Francis Twene and Kofi Agbesimah, can the Hunters surprise the Porcupine Warriors in Kumasi?

At the Len Clay Stadium today, Ashantigold will play host to Karela United – a game Karela will give their all for a win after a hard-fought stalemate at home against Aduana Stars.

Returnees Real Tamale United (RTU), who drew at home in their first game with Great Olympics, lock horns with a rejuvenated Legon Cities side today.

At the Accra Sports Stadium, it will be an Accra derby when new entrants Accra Lions lock horns with Great Olympics in a fearsome contest.

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Wounded Medeama SC will come guns blazing against debutants Bibiani Gold Stars at the Tarkwa TNA Park on Sunday – as the former aim to bounce back from their humiliation last weekend.

Aduana Stars will be at the Nana Agyeman Badu I Park tomorrow when they host tricky King Faisal.

On Sunday, Elmina Sharks will tussle it out with poor Dreams FC at the Ndoum Park in Elmina. The Sharks will be poised to give the visitors a run for their money.

At the Golden City Park, Berekum Chelsea will face off with Eleven Wonders tomorrow. Both will be itching for a win after defeats on their first game played last weekend.

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BY LINUS SIAW NARTEY

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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.

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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.

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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.

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Source: Myjoyonline.com

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