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I shed tears when I was tagged with galamsey – Okyenhene
Osagyefuo Amotia Ofori Panin, the Okyenhene, has disclosed that he was saddened by accusations that he was engaged in galamsey in 2014.
He said the accusations affected him immensely and he has since not recovered from it.
Speaking in an interview on Asaase Radio in Accra, the Okyenhene said those who made the allegations at that time knew it was untrue yet they went ahead and did it.
“The point is, Article 257(6) [of the Constitution] places all the natural resources in their [central government] hands for protection for future generations. They need to protect them. We [the chiefs] do not have coercive force. I tried to use my people to drive them away and we were facing danger every day and people didn’t know.”
“At one time in my relationship with the then Chief of Defence Staff, I begged him. I said it [galamsey] was getting out of hand and we should probably organise some of the military people to come here [Kyebi]. They did and within a week the whole thing has been shut down. A week later they [the politicians] called them [military] and said ‘don’t you know it’s an election year?”
He added, “So I’ve shed tears of anger and frustration where I sit about this and to the point that somebody will even say that I was engaged in galamsey. My answer to them is, I own all the lands, if I want to do galamsey, why would I want to go and steal it? I would go to the Minerals Commission and say I’m going to my land just give me the licence.
“So the pain I shed was people not speaking the truth; lying about it all over.”
The Okyenhene has, however, commended the president for his courage in dealing with the illegal mining menace in the country.
He said, “the point now is, Nana Addo Dankwa Akufo-Addo had the courage to speak to it and diminish the issues of galamsey in this country. He may have lost some votes but you know what, it’s more protection of voters than votes.”
Source: www.pulse.com.gh
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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
