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My Gov’t is ready to grant K’dua Asokore SDA College of Education varsity status – President
• President Nana Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has commended the Management and staff of Seventh-day Adventist (SDA) College of Education at Asokore, a suburb of Koforidua in the Eastern Region for using their Internally Generated Funds (IGF) judiciously.
In a speech read on his behalf by the Eastern Regional Minister, Mr. Seth Acheampong at the college’s 60th Anniversary recently, the President said he was happy to see a tremendous infrastructure development of the institution from the time he was an opposition leader of the New Patriotic Party (NPP) to his assumption of office as a president of this great nation, Ghana, and promised to do more not only for the SDA College of Education but the entire educational sector.
“Per the infrastructure development and human resource capacity of this college, my government is ready to grant it a full university status.
“Finally, in order to support the college in their teaching practice activities, I wish to assure them of a 60-seater capacity bus.
“As I have become an automatic member of the SDA College Alumni Association by virtue of the bond that exists between me and this college, I humbly assure you of the completion of the 16-unit staff housing facility currently under construction.
“Again, I promise to provide modern lecture theatres to augment the existing ones in order to cater for the increasing number of students,” the president said, as contained in his address read by the Eastern Regional Minister.
President Akufo-Addo further said “My Government is determined to create equal opportunities for staff of Colleges of Education to upgrade themselves in order to make these colleges self-sufficient in terms of human resource’’ adding that the Ghana Education Trust Fund would continue to support this course.
The Minister of Education, Dr. Yaw Osei Adutwum whose speech was also read on his behalf said that no nation could progress without the provision of quality education to its citizens in the areas of Science, Technology, Engineering and Mathematics.
“I entreat you to support the government’s STEM education agenda. Colleges of Education have a responsibility of ensuring that our schools never lack qualified STEM teachers and I challenge you to live up to that responsibility,” he said.
Pastor Robert Osei-Bonsu, President of West Central African Division of Seventh-day Adventist Church also said that the college would continue to churn out morally upright products whose contribution to national development would not be in doubt.
The theme of the anniversary was “Sixty Years of Adventist Teacher Education in Ghana: Our Successes, Challenges and the Way Forward”.
By Castro Zangina-Tong
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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
