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Efya lost huge deal because of false speculations – Nana Adwoa Awindor

Host of the popular television show ‘Greetings from Abroad’, Nanahemaa Adwoa Awindor has detailed how her daughter lost out on a huge project due to false speculations.

Her daughter, who is a Ghanaian singer and songwriter, Jane Afia Awindor popularly known as Efya has received a lot of backlash on the internet regarding her lifestyle.

Some of these speculations which the artiste has denied on public platforms have cost her a lot in her career according to the mother which can be very devastating and takes a huge toll on the singer as well.Speaking on Joy Prime’s Prime Morning, she narrated how Efya was in the middle of a huge business deal but lost the project after the investor heard false distasteful news about her.

“One of the instances we were working on a project, a huge project and this broke it, the project didn’t happen and as a mother, I’ll feel bad about it.

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”Mrs. Awindor said some investors who intend to support the singer and invest in her talent sometimes step back when they hear some of these speculations about her.

“These are instances where you’re working on something, sometimes we’re working on something that should push her somewhere and these things come up, that’s why I was saying earlier that we have to be careful the way we do and say things because you never know the effect,” she added.

“If you’re an investor and you want to invest in somebody and you hear things about the person, whether it’s true or not, before you say jack you may have taken a step back to check it, so yes, it does affect us.”However, she says she always encourages Efya to press on, pray and focus on her career because God has a better place for her.

“I know my daughter, I just tell her not to follow it, just take it in and pray about it, it will die off.”“Like I said, the better part of us is yet to come, not what is gone, I don’t believe in that, I believe in what is ahead and is bigger and better, so we’re praying for her,” she said.

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The mother of the singer who is also a Queenmother at Afigya-Kwabre in the Ashanti Region, further added that she has no regrets about Efya going into the music industry.

She pledged her support as a mother even if Efya decides to venture into something else.

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.

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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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