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TU launches 75thanniversary
Ms Gifty Twum Ampofo (middle) with Dr. Wilfred Anim-Odame(right)
and prof Amevi Acakpovi about to cut the tape
The Accra Technical University (ATU) has launched its 75th Anniversary celebrations last Thursday.
Under the theme “75 Years of Impacting Society and Driving Innovation,” the year-long celebrations would see a lineup of activities to engage state officials, former students and lecturers as well as the public.
Activities for the Diamond Jubilee anniversary includes an Alumni homecoming, debate and Chief Executive Officer (CEO) Series/Public Lecture, sports, presentations to adopted basic and Senior High Schools (SHSs),faculty mini exhibitions and cooking competition.
There would also be an old school and food bazaar, international student’s day, Vice-Chancellor’s conference, anniversary concert, grand exhibition and fashion show, awards and dinner night and a thanksgiving service to crown it all.
Launching the anniversary, the Deputy Minister of Education, Gifty Twum Ampofo reiterated the relevance of Technical and Vocational Education and Training (TVET) in Ghana’s development.
She said, the TVET contributes to poverty and unemployment reduction, an area the ATU had supported government’s quest by developing the human resource for the nation.
“Modern TVET is very dynamic and requires a lot of calculations and other parts of education. Work towards perfection so that Artificial Intelligence (AI) do not take your job,” she stated.
The Chairman for the launch, Dr Wilfred K. Anim-Odame who doubles as a Chairman ofthe school’s governing council, said the anniversary was a significant milestone that allowed them to reflect on past glory and look into the future with joy.
The university, he explained, started with 15 students and now boasts of over 23,000 students with decent facilities.
The Acting Vice Chancellor, Dr Amevi Acakpovi added that, the future was bright for the university with new branches, enhanced library services, advanced frontiers of research, growth and impact of research fund and to generate additional grants.
He said, they would also develop bilateral relationships, push the agenda to go green, construct the university clinic and student hotels as well as develop lecturer facilities.
The Guest Speaker, Engr. Davor Wonder Salami also appealed to government to support the university with laboratories and machines to drive innovations.
The launch was also used to unveil the anniversary logo and cloth.
By Michael D. Abayateye
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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
