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I have no doubt that Chief Justice Gertrude Torkornoo will be an effective leader- Prez Akufo-Addo
President Akufo-Addo has stated that he has no doubt that Chief Justice Gertrude Torkornoo wwill be an effective leader of the Judiciary, zealously defend its independence, constantly uphold its dignity, and be a worthy successor to Chief Justice Anin Yeboah.
According to him, he is expectant that her tenure as Chief Justice will also be marked by order, fairness, diligence, deep-seated respect for the rule of law, and continuation of the modernisation of judicial functions and the expansion of infrastructure.
He made these remarks after swearing into office the new CJ on Monday, June 12, 2023, “I inducted into office a new Chief Justice of the Republic, who is now the head of the Judiciary, the third arm of government, responsible, above all, for maintaining the integrity of our constitutional order. “
This is the third time, President Akufo-Addo has had the honour of discharging the constitutional obligation of administering the oath of office to a Chief Justice.
He believes that the choice of Mrs Justice Gertrude Torkornoo as the 15th Chief Justice was not a particularly difficult one to make, in view of her level of qualification, the number of years served with distinction on the Bench in the Superior Court of Judicature, totalling nineteen (19) years, initially in the High Court, then at the Court of Appeal, and, finally, at the Supreme Court, and the considerable experience garnered as a result.
He added that indeed, the Council of State, conveying to him by hand of its highly respected Chairperson, Nana Otuo Siriboe II, Juabenhene, the successful completion of its consultative process, noted, in its advisory letter of April 28, 2023, that Members of the Council “who have known the nominee in both her private and public life vouched for her discipline, integrity, efficiency, and above all, her God-fearing nature. These are the attributes essential for the position of a Chief Justice.”
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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
