Hot!
Dr. Bawumia cuts sod and offers support for the construction of Liberty Assemblies of God Church Hospital
The Vice President, Dr. Mahamudu Bawumia, has on Sunday February 12, 2023, cut sod for the construction of the Liberty Assemblies of God Hospital in Akweteyman, Accra.
The construction of the 50-bed community hospital, is in commemoration of the 50th Anniversary of the Liberty Assemblies of God Church.
Vice President Bawumia, who has provided financial support, as well as 500 bags of cement to the church, towards the start of construction, congratulated the congregation on its 50th anniversary, and also expressed delight at joining them for the groundbreaking ceremony, which he described as “a manifestation of the goodness of God.”
“It is really a pleasure and a privilege to be here,” Dr. Bawumia said.
“Liberty Assemblies of God Church is 50 years this year and I was very privileged to be with you on that day when we celebrated the 50th Anniversary. And the theme was: ‘declaring the goodness of God”
“This (sod cutting) is a manifestation of that theme. We are here today because we are seeing the goodness of God.”
“The church, to thank God for 50 years, has decided to construct a 50-bed hospital for the community of Akweteyman.”
Dr. Bawumia, having provided the Church his support, also reiterated his commitment towards the project.
“I am so happy and so honoured to be part of it and I want to assure Reverend that I will be keeping a close eye and participating in the construction of this beautiful edifice,” he said.
“We want to see the completion in two years by the grace of God so I am one of you as we are going through this project, and we will see, by the grace of God, to its completion.”
“I just want to thank all of you, Reverend in particular for making me a part and an honorary member of Liberty, of which I’m very proud. May God bless this building and may God bless all the people who are going to be working,”
CHURCH THANKS DR. BAWUMIA FOR SUPPORT
The Church expressed gratitude to the Vice President for his kind gesture and commitment towards the execution of the project.
“First of all, we wish to thank you for honouring our invitation to attend our 50th Anniversary in this local church. We also appreciate the fact that you made a giant contribution into the project we intended to undertake,” said the Head Pastor.
“Mr. Vice President, thereafter, your 500 bags of cement was received and we are grateful again. At the last visit to your home when we made you aware the project was going to begin, you duly requested that you’ll love to be part of the sod cutting. I was personally elated to hear that and I am happy to know that you have a keen interest in the project we are undertaking. We appreciate this,” the Head Pastor added.
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
