Hot!
Kantanku Global Foundation supports Akropong School for the Blind and the Atoklokpota community
The Kantanku Global Foundation has donated assorted clothing and footwear to students of the Akropong School for the Blind at Akropong in the Akuapem North Municipality of the Eastern Region.
The NGO also made the same donation to a marginalized community at Atoklokpota in the South Dayi District of the Volta Region region.
The donations were made on August 4 2023 and September 5, 2023 respectively.
The donations form part of the Foundation’s quest to help society address the pressing challenges facing the less privileged and to promote a more compassionate and community-focused world to model the value of generosity and selflessness in an enabling environment.
To create lasting change and a legacy of kindness for a better society, the Global Executive Director of the Foundation, Mr. Emmauel Nana Marfo, said there are still many marginalized people around the globe who are in dire need of alms, which calls for urgent attention.
He stressed on Kantanku Global Foundation’s commitment to identifying and touching some one million lives within a period of two years and is expecting to extend its charity work to other parts of the world.
Mr. Marfo said the blind are the most vulnerable persons in the world, with numerous challenges that call for urgent attention, and called on donors to assist the Foundation in addressing their needs, especially those of the students of Akropong School for the Blind in Ghana.
Mr. Joseph Sowu, a teacher and chairperson of the school’s donation committee, receiving the items on behalf of the Akropong School for the Blind expressed gratitude to the Foundation for its donation, adding that the philanthropic act came at the right time.
He appealed to the foundation to assist in addressing other pressing issues of the school including the lack of teaching and learning aids such as the projector, braille sheet, handframe, stylos, and curtains to secure the dormitories from the sun and to secure the students privacy when changing and dressing up.
Meanwhile, in the Volta Region, the Assemblymember for the Atoklokpota community thanked the foundation for the gesture, it was the first of its kind. According to him, the community has no productive economic venture to boost their socio-economic living condition, which has caused the residents to become impoverished.
He appealed for more support to help lift the indigenes out of poverty while safeguarding their health and promoting the education of children in the area.
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
