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Da Rocha apologised before his death – Alan on former NPP Chairman’s 2008 reprimand
Former Trade Minister and Independent candidate, Alan Kyerematen, has addressed a notable reprimand penned in 2008 by the founding member of the New Patriotic Party (NPP), the late B.J. da Rocha.
In this letter, the chairman expressed that Alan should be allowed to depart from the party at his own discretion, attributing this stance to Alan being a disruptive influence within the group.
These remarks by da Rocha have resurfaced in light of Alan’s recent departure from the NPP on Monday.
Alan Kyerematen made the decision to run as an independent candidate on September 25, officially resigning from the NPP.
During an appearance on Accra-based UTV, Alan recounted a series of events pertaining to how he had to confront the late chairman regarding his approach to resolving tensions at that time.
“I had just met Da Rocha in Accra on my way to Kumasi and when I arrived, he had already granted an interview [issued a statement], calling me a disruptive factor,” Alan said.
The letter as captured by Myjoyonline.com saw Da Rocha projecting that Alan, who finished as runner-up in the 2008 NPP flagbearer presidential race will become a “disruptive factor, a stumbling block, and a loose canon if accepted back into the fold of the NPP.”
But in the interview on UTV, Alan Kyerematen said the former NPP Chairman backtracked later on.
“When I had the opportunity, I confronted him frontally and asked him if he was serious at all because I felt as an elderly person, he should have known better. I told him he acted in bad faith. Later on, he called consistently to apologise before his death.”
The presidential aspirant who placed third during the party’s Super Delegates Congress will contest the 2024 election as an independent presidential candidate.
He explained “My decision to contest as an Independent Candidate will not destroy the Party, but instead provide the Party an opportunity to participate in a Government of National Unity in the future, and avoid the risk of going into opposition with no dividends, in what arguably will be a difficult general election in 2024.
Source: Myjoyonline.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
