Hot!
GLRSSMP: World Bank will withdraw support if we politicise fight against galamsey

The Ghana Landscape Restoration and Small Scale Mining Project (GLRSSMP) has said claims that the fight against illegal mining also known as galamsey is being politicized is untrue.
This follows the Former President John Mahama’s comments about alleged politicization of the fight against galamsey whilst at Atiwa East and West constituency in the Eastern Region.
However, speaking on Starr Midday News with Blessing Bless Frimpong, the Group’s President, Michael Peprah has also lamented that the NPP government has embarked on targeting those who are not in their party, even though they possess the necessary qualifications and licenses to operate.
According to the Association, mining concessions are awarded to only government cronies at the expense of others.
Commenting on the development on Starr Today Thursday with Joshua Kodjo Mensah, the Coordinator, Ghana Landscape Restoration and Small Scale Mining, John Krugu refuted the claims adding that the effects of illegal mining do not affect a particular political party or group of persons.
“It is very sad to hear that because of the work we do the President has tasked all of us to make sure that he will want to see real results during his tenure as President. The work that we do is such a way that we do not go looking for political colors.
“Let me tell you that the issue we are dealing with about the environmental and social issues that we are confronted with are as a result of illegal mining. Mind you they are not affecting a certain group of people politically or religiously or any other consideration. Look, if the water is not drinkable it is not, it doesn’t matter which political party colors you are wearing. If the water is polluted it affects all of us,” Mr. Krugu stated.
He continued: “If the environment is destroyed, if the cocoa farm becomes destroyed, the impact it has on the nation, the Ghanaian economy will affect everybody living in Ghana. So nobody and let me add this especially the aspect that I am coordinating the government has worked very hard with the Minister responsible for Minerals and Natural Resources to secure World Bank support.
According to the Coordinator, the World Bank is not only giving money but rather the Bank is also providing technical support for the work GLRSSMP is doing.
“Trust me if there is any iota of evidence that we are looking at political color as we do the work even the bank will be the first to withdraw their money. So I can tell you for a fact that anybody who is talking about the first against illegal mining and galamsey is done with a partisan lens simply does not know how things are done,” he 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