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President appoints Samuel Masubir Mahama MD of ECG
President Nana Addo Dankwa Akufo-Addo has appointed Mr Samuel Dubik Masubir Mahama, a legal practitioner, as Managing Director of the Electricity Company of Ghana (ECG).
He takes over from Kwame Agyeman–Budu, who attains the statutory retirement age of 60 years beginning from tomorrow.
Jones Ofori-Addo, who is the Deputy Managing Director responsible for sales, customer service and finance, was made Acting Managing Director on May 12, while government finalised the hunt for a substantive officer.
In the letter announcing Samuel Dubik Masubir Mahama’s appointment as the substantive MD of ECG which took effect Friday, on May 13, 2022, President Akufo-Addo urged the Energy Ministry to trigger necessary modalities to facilitate his regularisation in accordance with Company Act, 2019 (Act 992).
Mr Samuel Dubik Mahama is a lawyer and a partner at the law firm, Dubik and Associates.
He has worked in both the private and public sectors for nearly two decades.
During his tenure in the public sector, he worked with the Ghana Investment Promotion Centre (GIPC) whose sole aim is to promote foreign direct investment in Ghana, Dubik Mahama served as the head of Monitoring and Evaluation at the GIPC.
During his business life, he has focused mainly on the energy sector where he has worked with American companies such as Bridgewell Resources LLC based in Portland Oregon, Gulf South Forest Products based in Fort Lauderdale, Florida and Elsewedy Electricals based in Cairo, Egypt for a decade now.
Mahama has wide experience in consulting for local energy, mining, and engineering firms by assisting them to identify viable projects with necessary funding for turnkey projects.
He also serves on the Board of a few companies including Wilkins Engineering Limited, De-Montag Company Limited and Ghana Industrial Holding Company (GIHOC).
Source: www.ghanaiantimes.com.gh
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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
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Prophet Courage Heavens set to launch ‘Predestination’ book on March 23
Prophet Courage A. Heavens is set to launch the much-awaited book titled ‘Predestination’ on Sunday, March 23, 2025 at 5:00PM.
The launch, which is expected to impact lives, will take place at Crossgates Ministries, Flattop, off N1 Highway, opposite Angel Hauz.
The book is aimed at addressing the way people struggle to understand how free will and destiny align.
It is also aimed at providing clarity on God’s sovereignty and one’s place in His divine plan.
The various chapters of the book address various issues through scriptures and personal stories.
Committed to impacting society, part of the proceeds from the book will go into Courage Heavens Education Legacy (CHEL), an educational foundation transforming lives.
CHEL is dedicated to providing financial support and mentorship to brilliant but needy students, ensuring they have access to quality education and opportunities for a better future.
Prophet Courage Heavens is a prolific writer and previously authored Eli Eli Lama Sabachthani, a powerful book that encourages unwavering faith in times of trials.
In addition, he has written seven more prophetic and life-changing books that are yet to be published.
He is dedicated to raising the next generation for impactful ministry. As the leader of Crossgates Ministries, he nurtures believers in faith and purpose.
