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Sri Lanka tense after protesters torch leaders’ homes in night of unrest
A curfew is in force across Sri Lanka after mobs burned down homes belonging to the ruling Rajapaksa family amid mounting anger at the economic crisis.
The overnight violence capped a day of unrest that saw PM Mahinda Rajapaksa quit, but this failed to bring calm.
Crowds besieged his residence and tried to storm it – he was evacuated to safety in a pre-dawn operation amid tear gas and warning shots.
Seven people have died and more than 190 have been injured since Monday.
The island-wide curfew has been extended to Wednesday morning as authorities seek to quell the violence. Many protesters are still calling for President Gotabaya Rajapaksa, brother of Mahinda, to leave office.https://emp.bbc.com/emp/SMPj/2.44.15/iframe.htmlMedia caption, Watch: Tear gas and physical force disperse pro and anti-government protesters
Reports say more than 50 houses of politicians were burned overnight. Violence abated as day broke, although protests continued despite the curfew.
In the east, protesters gathered in front of Trincomalee Naval Base after unconfirmed reports that Mahinda Rajapaksa had gone there with family members after escaping from his Colombo residence.
Since last month Sri Lanka has been gripped by escalating demonstrations over soaring prices and power cuts.
- Why Sri Lankans want their rulers thrown out
- The divisions behind Sri Lanka’s united protests
- Sri Lankans left desperate over medicine hikes
On Monday, government supporters clashed violently with protesters in the capital Colombo outside Mahinda Rajapaksa’s Temple Trees residence, and then at the main protest site at Galle Face Green.
Police and riot squads were deployed, and tear gas and water cannon were fired at government supporters after they breached police lines and attacked protesters using sticks and poles.
Angry demonstrators retaliated, attacking government supporters and targeting ruling party MPs, including one who shot two people after a mob swarmed his car and then killed himself, according to Sri Lankan police.
As the night went on, mobs of protesters across the country torched houses belonging to the Rajapaksas, various ministers and MPs. This included a house turned into a controversial museum by the Rajapaksas in the family’s ancestral village in Hambantota in southern Sri Lanka.
Footage posted on social media showed homes enveloped in flames as people cheered.
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Areas near the president’s official residence were also set ablaze, according to reports. A municipal lawmaker died in hospital after an attack on his house.
Following Mahinda Rajapaksa’s resignation, protesters attempted to breach the inner compound of Temple Trees where he was staying along with several loyalists, and set fire to a bus outside the home. Police fired shots in the air and tear gas in an attempt to disperse them.
Mr Rajapaksa was flown out of Colombo to an undisclosed location on Tuesday morning.
Elsewhere in Colombo, tensions remained high. Men armed with sticks and rods had established road blocks on the routes leading to and from the airport, and police and security forces – usually a common sight in the area – were nowhere to be seen, reports the BBC’s Anbarasan Ethirajan.
Sri Lanka is facing its worst economic crisis since gaining independence from Britain in 1948, and people are furious because the cost of living has become unaffordable.
The country’s foreign currency reserves have virtually run dry, and people can no longer afford essential items including food, medicines and fuel.
The government has requested emergency financial help. It blames the Covid pandemic, which all but killed off Sri Lanka’s tourist trade – one of its biggest foreign currency earners.
But many experts say economic mismanagement is also to blame.
Source:BBC News
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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
