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Catherine Afeku ditches Alan Kyerematen, says she’s a loyal patriot
Former Tourism Minister, Catharine Afeku has distanced herself from the camp of Alan Kyerematen after he announced his resignation from the New Patriotic Party (NPP) and his intentions to contest the 2024 elections as an Independent Candidate.
Catharine Afeku who played an active role in the Alan for President Campaign in the NPP’s Presidential primaries says she remains a member of the NPP and will not join any other political party.
Speaking to journalists in Accra, Madam Afeku said she would continue to serve as a member of the NPP.
“I am a loyal patriot, and I am in the party [NPP]. The party is supreme. We are the NPP,” she stated.
A Deputy Finance Minister, Abena Osei-Asare, also distanced herself from Alan’s decision on Monday.
Mrs Osei-Asare, one of the supporters of Mr Kyerematen acknowledged the personal and professional relationship she has with him but emphasised that her “dedication to the New Patriotic Party is deep-seated, and rooted” in their shared values.
In a press statement, the Deputy Finance Minister said, “First and foremost, while I enjoy both a personal and professional relationship with Hon. Alan Kyerematen, characterised by mutual respect and a shared commitment to our nation’s progress, I must respectfully distance myself from his recent choice.”
“My dedication to the New Patriotic Party is deep-seated, rooted in our shared values and vision for a prosperous Ghana. The NPP’s strength has always been its unity and our ability to work together for the common good of our country.”
The Member of Parliament (MP) for Mpraeso Constituency in the Eastern Region, Davis Opoku Ansah has indicated that the over 20 NPP MPs who supported Mr Kyerematen in the Special Delegates Conference will not support his movement.
Speaking in an interview on Eyewitness News, he said, “I would not say that political parties do not or will not have differences. There may be differences, I mean factions here and there, people taking sides, forming into a faction and all of that, but the ability to come together in an internal political context shows how strong your party is. And for me, that commitment is there.”
“And I know that over 20 MPs who supported Alan Kyerematen have all resolved that we solemnly believe in the NPP, and we are going to follow the NPP and we are going to represent power again. And we are going to work tirelessly to ensure that the NPP wins power again in 2024. None of the MPs that support Alan Kyerematen will follow him in his movement but we wish him well.”
Source:Graphic.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
