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Stonebwoy launches borehole project to empower communities through access to clean water
Stonebwoy this week launched a borehole drilling project to make clean water accessible to people in underserved local communities across the country.
As part of the project, the people in these communities would be resourced in water education to improve their health.
Launched through his charity organization, The Livingstone Foundation, Ghana, the project forms part of the musician’s array of CSR and charity activities that seek to empower individuals, improve health outcomes, and foster overall development.
The borehole project also represents a beacon of hope, bringing clean water and brighter futures to communities in need throughout Ghana.
Later this month, the project gets underway in Borkor Awukukorpe, a farming community in Takoradi, Western Region, where the River Pra, its sole reliable source of drinking water, has been contaminated due to galamsey operations carried out by Chinese, other foreign, and Ghanaian nationals.
Elders in the village explained to the foundation’s representatives who visited the area early this year how their health, education, and general development are at risk due to the lack of clean water sources.
“We struggle to get even a cup of water to drink. The River Pra is the only guaranteed source of water, but galamsey activities have polluted it. At a recent health screening exercise, the doctors told us that the water we rely on has affected our health,” they said.
The Livingstone Foundation is a charity organization committed to realizing the rights and needs in areas of critical importance for humanity and the planet; thus, Stonebwoy is not only known for his infectious music but also for his philanthropic endeavours. In recent years, the organization has been actively involved in various social initiatives aimed at uplifting and empowering communities in Ghana, most notably giving out education scholarships, paying hospital bills, creating jobs, encouraging self-employment through its annual skill training workshop, and more.
With the Livingstone Foundation Borehole Drilling Project, Stonebwoy will build new water filtration boreholes and reservoirs across the country, especially in communities affected by illegal mining activities operated by Chinese, other foreigners, and Ghanaian nationals in Ghana.
The reservoir will contain water filtration systems that will help provide for the daily drinking needs of people, reduce the burden of collecting water, and counter water-borne diseases, keeping children healthier and in school.
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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
