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Ghanaian International model Hamamat bags two prestigious awards in Nigeria
Ghanaian international model Hamamat Beauty bagged two prestigious awards at the 2023 Afro Hair Culture and Beauty Festival held in Abuja, Nigeria.
Hamamat, who stole the spotlight with her thrilling and amazing looks, emerged victorious, winning the Best Beauty Influencer and the Special Industry Recognition Awards, toppling an array of competitors from other African countries.
The event, known for its discerning panel of judges and high standards, provided the perfect platform for African beauty brands to showcase not only their outer radiance but also their unique charm and poise.
The competition was fierce, with participants from all corners of Africa’s beauty industry vying for the coveted title, which showcased not only a commitment to beauty but also a deep understanding of the artistry that defines the modern era of glamour.
As part of the 20 best beauty brands in Africa, Hamamat Beauty now joins the ranks of influential figures in the beauty industry, solidifying their status as a trendsetter and inspiration for aspiring beauty enthusiasts.
This triumph serves as a testament to Hamamat’s dedication, hard work, and passion for the world of beauty, encapsulating the essence of what it means to be a true icon in the industry.
In the wake of this remarkable achievement, Hamamat expressed gratitude for the support received from family, friends, and mentors who have been instrumental in shaping her journey.
She added that the triumph does not only belong to her but also resonates with those who have been part of her inspiring story.
“As the spotlight shines brighter, the victory at the African Beauty Summit is not just a win for an individual but a celebration of beauty in all its diverse forms,” she said.
Hamamat has undoubtedly left an indelible mark on the beauty landscape in the shea butter industry by showing how her business not only supports local women in her village but also builds a sustainable community for African children.
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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
