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Zamalek were surprised by our tactics – Karim Zito
Dreams FC coach Abdul Karim Zito believes Zamalek were surprised by his game plan in Sunday’s CAF Confederation Cup semi-final first leg.
Zito led the FA Cup champions as they held Zamalek to a goalless draw at the Cairo International Stadium on Sunday.
Dreams FC president Jiji Alifoe welcomed the team at the Kotoka International Airport on Monday afternoon
Speaking to JoySports on arrival at the Kotoka International Airport on Monday afternoon, Zito said their tactics surprised Zamalek.
‘‘They were surprised (by our performance levels). When you look at our position in the league, it will give you a different impression about Dreams. They saw us as small boys but before they realised, they had to push and push but could not get it (the results).’’ he told JoySports.
Sunday’s draw was the first by a Ghanaian club against Zamalek in 27 years.
That time, it was Obuasi Goldfields who had won the Ghana Premier League for three consecutive seasons and Champions League finalists that year did it.
Four years prior, Asante Kotoko, who, like Goldfields, had won the league on three consecutive occasions and were Champions League runners up, held Zamalek to a goalless draw in Cairo.
Although the enormity of what they have accomplished is not lost on him, Zito is already planning for the reverse fixture.
‘‘I will change the pattern (of play) anyway. We will not sit back (like we did in the first leg) because 1-0 score line may not be ideal.We will both have chances but the advantage we have is that we are playing at home and they won’t have the 12th man behind them in Kumasi’’ he concluded.
Dreams will hold two training sessions in Accra before leaving on Wednesday evening.
Source : Myjoyonline.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
