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Executive Council commiserate with former President Agyekum Kufuor
The Executive Council of the Ghana Football Association has visited President John Agyekum Kufuor to commiserate with him and the family following the passing of his wife Theresa Kufuor. The former First Lady died on Sunday, October 1, 2023 after a prolonged illness.
President Kurt Edwin Simeon Okraku led the Council on Sunday, October 8, 2023. Others included Mark Addo, Frederick Acheampong, Kingsley Osei Bonsu, Nana Sarfo Oduro, Dr. Gifty Oware-Mensah, Eugene Nobel Amon Noel and Gideon Fosu.
James Kwesi Appiah earlier visited the former President’s residence with the Interim Management Committee of Asante Kotoko after being granted permission by the Executive Council to do so.
The Council was joined by General Secretary Prosper Harrison Addo (Esq.), Janice Odonkor – Executive Secretary to the President, Ama Brobey Williams and Michael Osekre.
President Simeon-Okraku later signed the book of Condolence and promised to marshal the football family for the the final funeral rites.
The public is hereby informed that the One-week observation of the late Theresa Kufuor will come off on Wednesday, October 11, 2023 at the Peduase residence of the former President.
The late Theresa Kufuor was known for her charitable works and her contributions to Ghana’s socio-economic development. She was the founder of the Mother and Child Community Development Foundation and played an instrumental role in the rehabilitation of the Osu Children’s Home in Accra.
The one-week observance is expected to draw a large crowd of individuals, dignitaries, and well-wishers who will come together to celebrate the life and legacy of Theresa Kufuor.
GFA COMMUNICATIONS
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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
