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I’ll recommend Matthew Opoku Prempeh as running mate; he brings political value and capital – Mustapha Hamid
The Chief Executive Officer (CEO) of the National Petroleum Authority (NPA), Dr Mustapha Abdul Hamid, says the Minister of Energy, Dr Matthew Opoku Prempeh, is the ideal candidate to be chosen as the running mate for Vice President Dr Mahamudu Bawumia.
Dr. Hamid, a former Information Minister, cited Dr. Opoku Prempeh’s long-standing association with the party, and deep understanding of its ideologies, and principles as qualities that make him well-suited for the role.
In an interview with JoyNews on Sunday, November 26, Dr. Hamid emphasized that Dr. Opoku Prempeh has demonstrated competence in politics and brings significant political value to the party, making him a compelling choice that cannot be overlooked.
“First of all, he is a political colossus in our tradition. He has been a political participant in our political tradition for ages.”
“So he knows the party well and knows our philosophies and principles of our party. The other thing is that, ever since he held political office, he has accomplished. I was in cabinet with him and for the four years that we were in cabinet, he at the Ministry of Education tabled and passed the most reforming laws.”
Tensions are rising within the New Patriotic Party (NPP) as Members of Parliament vie for the position of running mate to Dr. Bawumia, following his recent victory in the flagbearership election.
Already, intense discussions and coalitions have surfaced among MPs from the ruling party regarding potential choices for the running mate position.
Several names have been circulating, including Dr. Matthew Opoku Prempeh, the Minister for Energy; Majority Leader Osei Kyei-Mensah-Bonsu; First Deputy Speaker Joseph Osei Owusu; and Education Minister Dr. Yaw Osei Adutwum.
Parliamentarians who spoke to JoyNews in different interviews emphasised the importance of allowing Dr Bawumia the space to make a thoughtful decision without being unduly pressured into selecting a running mate for the 2024 elections.
Source: Myjoyonline.com
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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
