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Election 2024 presents an opportunity to heal and rescue Ghana – Prof Opoku-Agyemang

Professor Naana Jane Opoku-Agyemang, the running mate for the National Democratic Congress (NDC), flagbearer, John Dramani Mahama, has stressed that the 2024 election slated for December would be a crucial opportunity to heal and rescue the country from further destruction.

She said the election goes beyond either party setting a record, but it is a critical time for Ghana’s turnaround.

This, she said, would then create the enabling environment for citizens and businesses to thrive again.

Addressing patrons at her official unveiling at the University of Professional Studies, Accra (UPSA), the former Education Minister stated, “The election is not only about bringing the NDC back to power, which is indispensable in our current circumstances.”

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According to her, “The elections ahead and winning them is about winning elections for a purpose. The purpose goes beyond those enumerated above. The purpose is the opportunity to heal our country again. It is about the opportunity to pull Ghana back from the precipice of destruction, of normalising corruption, of incomprehensible greed and from deep despair.”

“It is to work towards a Ghana where citizens have confidence and hope and are determined to regain their independence of thought and of agenda. We must work towards a Ghana that at the very least, can feed itself; where the law truly works; where there is shared prosperity; where democracy has not become a fluke; where people are not abused and where the basic necessities of life are not denied the majority or eventually, anyone,” she said.

“It is a chance to work hard towards a country where citizens do not feel disrespected, are not intimidated, ignored because of the way they vote or the language they speak. The victory we seek as a party is to invite everyone to the onerous task of rebuilding a broken Ghana, of restoring hope, in a manner that the NDC is capable of doing by their history and achievements,” she concluded.

By Edem Mensah-Tsotorme

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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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