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We Shall Lead The Working Population To Resist Any IMF Restrictions – TUC
The Ghana Trades Union Congress (TUC) says it will resist any attempt by Government through an International Monetary Fund (IMF) sponsored programme to impose restrictions on sectors of the economy that will bring hardships to workers.
Dr Yaw Baah, Secretary General of the Congress, said: “TUC will lead the working people of Ghana to resist any attempts to impose hardships on workers and their families and the population as a whole.”
Speaking in a press conference on the topic “Cost of Living Allowance (CoLA) and the National Economic Situation,” he said IMF-sponsored programmes and policies had been completely divorced from reality and would only impose hardships on Ghanaians.
The Secretary-General said they were reminding the Government that as part of the negotiations for 2021 and 2022 base pay, they had agreed to four and seven percent pay increases respectively on the condition that the government would not declare redundancies.
“And that Government will continue to employ young people into the public service,” he said.
Dr Baah said they kicked against the Government going to IMF bailout 17 times because they had mentioned that one of the main challenges in the management of the economy had to do with corruption.
He said others were the failure on the part of successive governments to transform the structure of the economy to allow Ghanaians ‘to produce what we eat and eat what we produce.’
Organised Labour, led by the TUC reached an agreement with Government for a 15 per cent CoLA for all workers on the Single Spine Salary Structure (SSSS), effective July 1, 2022.
Meanwhile, Dr Yaw Baah said, the struggle for good standard of living was not over because the cost-of-living crisis was not over as inflation had hit 29.8 per cent and there were no signs that it would decline soon.
He said young people, educated at great costs to their parents and the nation, were struggling to get jobs that would be commensurate with their levels of education and skills.
“The national economic outlook remains grim, and we relish in the glory of not only securing a lifeline for struggling workers but also avoiding a potential disaster on the labour scene.
Source: GNA
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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.
