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Thousands of Teshie residents protest over deplorable roads
Thousands of Teshie residents have massed up in the area to protest the deplorable state of their roads.
Residents of Teshie, a vibrant community located in Accra have been grappling with severe deterioration of their town roads.
“All we are asking for is for the road to be fixed. I visited the workshop to fix my car twice just this week. You can imagine what we are going through as residents. We have been neglected for long. The potholes are even more than galamsey sites,” a road user lamented in a Citi News interview.
When Citi News’ Kennedy Twumasi visited various communities in Teshie, it became apparent that roads in the area were in deplorable states presenting numerous challenges to motorists and pedestrians.
The residents have thus hit the streets today, May 30, 2023, to demand a fair share of the national cake.
Govt announces immediate repairs of Teshie roads
Meanwhile, the Ledzokuku Municipal Assembly has announced the immediate commencement of rehabilitation works on several inner roads in Teshie.
The Assembly says inner roads in Tsuibleoo, LEKMA to Adjorman roundabout, Fertilizer Road, and King Kortey Road will be rehabilitated immediately.
The Assembly also disclosed its commitment to address the poor conditions of the inner roads in Greda Estates, Teshie Laskala, and the entire Coffee Street at Teshie after the initial rehabilitation projects are completed.
“As I speak, a contractor is on-site to immediately begin work on the following roads: Tsuibleoo Road, from LEKMA to Adjorman roundabout, Fertilizer Road, King Kortey Road, which is the third road, from Mamfe Junction to Yoomo Specs, which is 1.2 kilometres long, and the Numo Mashie Road, from Mobile to Tsuibleoo Last Stop. These projects will begin immediately. However, these are not the only roads that we will be working on. Others include the entire Coffee Street and others,” the MCE, Mordecai Quarshie, told the media on Monday.
Source: citinewsroom.com
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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
