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No one’s ambitions will be allowed to compromise the Nation’s peace and Security – Pres Akufo-Addo
President Nana Addo Dankwa Akufo-Addo, at the inauguration of the Law House delivered a powerful speech underscoring the paramount importance of law enforcement and the rule of law, especially in the context of the upcoming critical election year.
“In so saying, I want to use the opportunity of this platform to reassure the Ghanaian people that the law enforcement agencies of the state, including the Office of the Attorney-General, will do all within their power to ensure that law and order prevail in the country at all times, especially during this critical election year,” President Akufo-Addo asserted.
He emphasised that the ambitions of any political party or presidential candidate would not be allowed to compromise the nation’s hard-earned peace, security, and stability.
“It will not happen,” he declared emphatically.
Highlighting the nation’s robust legal framework, the President made it clear that laws on vigilantism and other relevant statutes would be rigorously enforced to safeguard the tranquillity of the country.
This unwavering commitment, he noted, was owed to the good people of Ghana, who have consistently demonstrated their deep attachment to peaceful democratic values.
The President also reflected on the significance of the Law House’s commissioning.
“Ladies and Gentlemen, the commissioning of the Law House is not just a celebration of a new building; it is a celebration of our collective commitment to the rule of law and justice. It is proof of our belief that a strong legal system is essential for the development and prosperity of our nation,” he said.
Looking to the future, President Akufo-Addo called for continuous adaptation and evolution of the legal system to meet the changing needs of society while maintaining a steadfast commitment to justice, fairness, and equality for all.
“The rule of law is not a static concept. It is a living principle that requires constant nurturing and vigilance,” he reminded the audience.
The President’s address resonated with a strong message of maintaining peace, security, and stability in Ghana, a nation renowned as a beacon of democracy on the African continent.
The inauguration of the edifice not only celebrated the new infrastructure but also reinforced Ghana’s dedication to the principles of justice and the rule of law, ensuring that peace and democratic values remain at the core of the nation’s development.
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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
