Hot!

Boys in UER abandon classroom for ‘galamsey’

The Chief of Kpongu in the Wa Municipality of the Upper West Region, Naa Seidu Braimah has expressed worry at the rate at which male children abandon classes to engage in illegal mining popularly known as “galamsey” in the region.

A worried Naa Braimah said illegal mining was detrimental to the health and development of children since it interfered with their education and cautioned the youth to stay away from the act and focus on their education.

The chief stated this on the sidelines of a meeting organised by the Planned Parenthood Association of Ghana (PPAG) on “ending child marriage and teenage pregnancies” in the area.

“These days, most of the boys skip school on certain days just to join their colleagues to engage in the illegal practice which is a threat to their health,” he said.

Naa Braimah explained that boys who indulged in illegal mining at tender ages turned out obstinate, making it difficult for their parents to reprimand them which eventually could lead to waywardness due to their early exposure to money.

“Some of the girls follow these galamsey boys because of the little money they give them and end up getting pregnant for these boys who deny responsibility because they are not ready to be fathers,” he said.

He stated that with the discovery of gold in commercial quantities in the region, it was relevant that stakeholders engaged in serious dialogue on how to dissuade the youth from accessing gold mining sites to the disadvantage of their education.

“Apart from the fact that parents are unable to discipline their children who join the galamsey business, there are other consequences such as deaths due to pits caving in and the tendency of the youth to learn social vices like smoking and alcoholism at the galamsey sites,” he stressed.

The chief called on parents to discuss with their young male children the dangers associated with illegal mining to make it unattractive to them.

He further encouraged the boys to identify role models in the region and aspire to be like such persons in future.

“I want to urge parents to work harder to provide for their wards and desist from taking money from them when they return from the mining operations,” he added.

From Lydia Darlington Fordjour, Kpongu

Hot!

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.

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