Importers and Exporters Association Congratulates New Finance and Trade Ministers
The Importers and Exporters Association of Ghana (IEAG) has extended warm congratulations to Cassiel Ato Forson on his appointment and swearing-in as the Minister for Finance. Apexnewsgh reports This milestone comes after President John Mahama swore in six ministerial nominees, including Dr. Forson, following their parliamentary approval on January 21. In a press release dated Tuesday, January 28, 2025, signed by Executive Secretary Samson A. Awingobit, the IEAG also congratulated Madam Elizabeth Ofosu-Adjare (MP) on her assumption of office as the Minister for Trade, Agribusiness, and Industry. The association expressed confidence in the competence and zeal of both Dr. Forson and Hon. Ofosu-Adjare, citing their extensive experience and dedication to driving Ghana’s trade and maritime industry forward. Dr. Forson’s expertise in fiscal policy and economic management, combined with Hon. Ofosu-Adjare’s commitment to empowering businesses, particularly women-led enterprises, makes them exemplary leaders for their respective ministries. The IEAG assured its readiness to collaborate with both ministers to achieve their goals and targets for the trade and maritime sectors. Through effective partnership, the association believes that Ghana’s import and export landscape can be enhanced, leading to increased efficiency and competitiveness. Read full statement: IMPORTERS AND EXPORTERS ASSOCIATION OF GHANA CONGRATULATES DR. CASSIEL ATO FORSON AND HON. ELIZABETH OFOSU-ADJARE ON THEIR RESPECTIVE MINISTERIAL APPOINTMENTS Accra, Ghana – January 28, 2025 The Importers and Exporters Association of Ghana (IEAG) extends its heartfelt congratulations to Dr. Cassiel Ato Baah Forson on his appointment and swearing-in as the Minister for Finance, and to Hon. Elizabeth Ofosu-Adjare (MP) on her assumption of office as the Minister for Trade, Agribusiness, and Industry. We are confident in the competence and zeal of both Dr. Forson and Hon. Ofosu-Adjare to drive Ghana’s trade and maritime industry to greater heights. Dr. Forson’s extensive experience in fiscal policy and economic management, coupled with Hon. Ofosu-Adjare’s dedication to empowering businesses, particularly women-led enterprises, positions them as exemplary leaders for their respective ministries. The IEAG is fully prepared to collaborate with both ministers to achieve their goals and targets for the trade and maritime sectors. We believe that through effective partnership, we can enhance the efficiency and competitiveness of Ghana’s import and export landscape. As a body advocating for the betterment of traders in the country, we urge the ministers to address the persistent challenges that importers and exporters faced during the previous administration. Issues such as bureaucratic bottlenecks, high tariffs, and infrastructural deficits have long hindered the progress of our members. We trust that under the leadership of Dr. Forson and Hon. Ofosu-Adjare, these concerns will be prioritized and effectively resolved. In particular, we commend Hon. Ofosu-Adjare’s commitment to empowering women-led businesses as a key strategy to improve livelihoods and spur economic growth. Her emphasis on gender equality and the proposed mentorship programs for young women entrepreneurs align with our vision of an inclusive and thriving trade environment. The IEAG remains steadfast in its mission to support and advocate for the interests of Ghanaian traders. We look forward to a fruitful collaboration with the new ministers to foster a conducive environment for trade and industry, ultimately contributing to the nation’s economic prosperity. Signed Samson A. Awingobit Executive Secretary Source: Apexnewsgh.com
Omane Boamah Pledges Regional Balance in Ghana Armed Forces Recruitment
Dr. Edward Omane Boamah, the Defence Minister-designate, has reaffirmed his commitment to ensuring regional balance in recruitment into the Ghana Armed Forces. Apexnewsgh reports During his vetting by the Appointment Committee on Tuesday, January 28, Dr. Omane Boamah emphasized the importance of equity and representation in the military. As a strong advocate for equity, Dr. Omane Boamah believes that the military should reflect the diversity of Ghana. He pledged to ensure that all regions are adequately represented in the Ghana Armed Forces, stating, “I will do everything in my power to ensure that no region is left behind in the recruitment process.” Dr. Omane Boamah highlighted the significance of creating an army that not only possesses the necessary skills but also represents the diverse communities it serves. He noted that balanced recruitment across regions would foster unity, cohesion, and national integration, making every part of the country feel invested in national security. With his commitment to regional balance and equity, Dr. Omane Boamah aims to strengthen the Ghana Armed Forces and promote a sense of inclusivity and national unity. Source: Apexnewsgh.com
Dr. Kamal-Deen Ali Appointed Acting Director-General of Ghana Maritime Authority
Dr. Kamal-Deen Ali, a renowned maritime law expert, has been appointed as the Acting Director-General of the Ghana Maritime Authority (GMA). Apexnewsgh reports With his wealth of experience as a Naval Captain, maritime lawyer, and leading figure in maritime policy and governance, Dr. Ali is poised to make a significant impact in his new role. Prior to his appointment, Dr. Ali served as the Executive Director of the Centre of Maritime Law and Security Africa (CEMLAWS Africa), where he provided crucial policy advice and reform services across several African countries. His expertise in maritime law, governance, and security has earned him global recognition, including being listed among the top 50 personalities influencing Africa’s Blue Economy. Dr. Ali’s impressive academic credentials include a PhD in International Maritime Law, a Master of Laws, and a Master of Arts in International Relations. He is also a Barrister of Law and holds a Bachelor of Laws degree, a Postgraduate Diploma in Public Administration, and is a graduate of the prestigious Ghana Armed Forces Senior Staff College. As the new Acting Director-General of the GMA, Dr. Ali is expected to bring his vast experience and expertise to bear in promoting the development of Ghana’s maritime sector. His appointment is a significant step forward for the GMA, and stakeholders are eagerly awaiting his leadership and vision for the authority. Source: Apexnewsgh.com
Minister-Designate for Defence Assures Impartiality and Warns Against Unqualified GAF Recruitment
Dr. Edward Omane Boamah, Minister-designate for Defence, has assured the Appointment Committee that he will serve the nation impartially if approved and sworn into office. Apexnewsgh reports When questioned about his position as Director of Elections and IT of the NDC, Dr. Omane Boamah stated that his work in that role has come to an end, specifically undertaken for the 2024 general elections. “No Ghanaian should have any fear about my impartiality,” he emphasized. “In fact, I can be the chairperson of the EC and I will be impartial, that is my nature.” Dr. Omane Boamah clarified that he took on the director role purposely for the elections and had already informed the NDC that his job was done. In a separate matter, Dr. Omane Boamah advised Ghanaians to avoid seeking enlistment into the Ghana Armed Forces (GAF) if they don’t meet the requisite qualifications. He warned that bypassing proper recruitment procedures could have severe consequences, including physical harm or even death during training. Dr. Omane Boamah, drawing from his experience as a medical professional and understanding of GAF operations, emphasized the importance of adhering to established recruitment processes. These standards ensure the physical, mental, and emotional well-being of recruits and maintain the Armed Forces’ high operational standards. “I will be the first to advise such a person not to do so,” he affirmed, reiterating his commitment to ensuring only qualified individuals join the GAF. For those interested in applying, the GAF recruitment portal is available, with requirements and procedures outlined. Source: Apexnewsgh.com
BoG Vows to Strengthen Banking Sector Amid Economic Growth
The Bank of Ghana (BoG) has assured that it will ensure banks with capital shortfalls comply with their recapitalisation commitments to strengthen solvency in the sector. Apexnewsgh reports This move comes amid stronger-than-expected economic growth and an overall improvement in macroeconomic conditions, which have positively impacted the banking industry. According to the BoG’s January 2025 Monetary Policy Report, the central bank will intensify supervisory measures to address the high Non-Performing Loans (NPLs) ratio, a significant risk to the industry’s stability. Improved domestic macroeconomic conditions are expected to enhance debt repayment capacities, reducing bad loans in the sector. Private sector credit growth is also recovering, gradually returning to pre-2022 levels following the economic downturn. Nominal private sector credit grew by 26.3% in December 2024, up from 10.7% in December 2023. In real terms, credit to the private sector increased by 2.0%, a significant improvement from the 10.2% contraction recorded in the same period the previous year. Source: Apexnewsgh.com
Breaking News: GFA President Kurt Edwin Simeon-Okraku Set to Run for CAF Executive Committee
Kurt Edwin Simeon-Okraku, the President of the Ghana Football Association (GFA), has received the green light to contest for a position on the Executive Committee of the Confederation of African Football (CAF). Apexnewsgh reports This approval comes after Mr. Simeon-Okraku successfully passed the mandatory integrity test required for candidacy. With the full support of the West African Football Union (WAFU) Zone B, where he has diligently served as president since 2021, Simeon-Okraku is poised to run unopposed for the prestigious seat he seeks. Expressing his enthusiasm about this new chapter, he shared his excitement on Facebook, stating, “Thrilled to share that I’ve been cleared to contest for a place on the Executive Committee of CAF, after successfully passing the integrity test. Excited for what lies ahead. May God guide us through this journey.” As the countdown begins, all eyes will turn to Marriot Hotel Mena House in Cairo, Egypt, where the elections for CAF’s new president, executive committee members, and African representatives to the FIFA Council for 2025-2029 will take place. This pivotal event is scheduled for Wednesday, March 12, 2025, during the 14th Extraordinary General Assembly of CAF. The implications of the election are immense, and Mr. Simeon-Okraku’s journey will undoubtedly be one to watch. Source: Apexnewsgh.com
President Mahama Appoints James Agyenim-Boateng as New SIC Managing Director
President John Dramani Mahama has appointed James Agyenim-Boateng as the new Managing Director (MD) of SIC, effective January 27, 2025. Agyenim-Boateng succeeds Hollistar Duah-Yentumi, whose tenure has officially come to an end. Apexnewsgh reports As a lawyer, communications consultant, and seasoned media professional, Agyenim-Boateng brings a wealth of experience in governance and strategic communications to his new role. His previous stint as a presidential staffer at the Office of the Vice President from 2013 to 2017 has equipped him with extensive expertise in high-level governmental affairs. Agyenim-Boateng’s appointment is expected to usher in a new era for SIC, as he is poised to introduce innovative leadership strategies to navigate the evolving insurance landscape. His expertise and experience make him an ideal candidate to lead SIC towards greater heights. The outgoing Managing Director, Hollistar Duah-Yentumi, leaves behind a distinguished legacy at SIC. A lawyer and journalist, she has had a stellar professional career spanning law, media, and academia. During her tenure, SIC Insurance benefited from her dedication and professionalism, and her contributions will be remembered for a long time. Source: Apexnewsgh.com
Kusaug Region Creation: A Step Towards Peace and Development
Majority Leader and Bawku Central Member of Parliament, Mahama Ayariga, has reaffirmed the government’s commitment to creating the Kusaug Region. Apexnewsgh reports This initiative aims to address the unique security challenges and enhance resource distribution in the area. Ayariga explained that the decision to push for the new region was based on a careful analysis of the region’s security situation. “We have a peculiar security situation, and we did an analysis of it,” he said. “That was what led us to consider the establishment of a region to provide a framework to ensure lasting peace.” The creation of the Kusaug Region is expected to provide a framework for ensuring lasting peace in the area. Additionally, Ayariga highlighted the potential benefits of creating the region in terms of economic development. The current administrative structure leaves resources spread too thin, but splitting the region would effectively double the resources available to the area. Ayariga stressed that creating the Kusaug Region is not just about security, but also about long-term development. “This move is not just about security; it’s about the long-term development of the region,” he concluded. The Majority Leader reaffirmed his dedication to seeing the process through and improving the livelihoods of those in the area. Source: Apexnewsgh.com
Mame Ama Pratt Appointed Press Secretary to Vice President Prof. Naana Jane Opoku-Agyemang
Mame Ama Pratt, daughter of renowned journalist Kwesi Pratt, has been appointed Press Secretary to Vice President Prof. Naana Jane Opoku-Agyemang. Apexnewsgh reports This appointment was announced in a statement signed by Felix Kwakye Ofosu, a Presidential Staffer. As a television show host, Mame Ama Pratt will now serve as the official spokesperson for the Vice President. Her expertise in communication will undoubtedly be an asset in this role. Interestingly, she is also married to Mr. Kwame Owusu Danso, the running mate of Mr. Alan Kyerematen in the 2024 general elections. Mame Ama Pratt’s appointment is part of a broader effort by the Mahama administration to strengthen governance and ensure effective policy implementation under Vice President Opoku-Agyemang’s leadership. Other key officials appointed to the Vice President’s office include: Alex Percival Segbefia: Chief of Staff to the Vice President Mrs. Alberta Graham: Head of Administration Prof. Theresah Ennin: Presidential Staffer and Aide Ms. Daniella Mavis Mathias: Secretary to the Vice President Additionally, several policy advisors have been named to support the Vice President’s agenda, including: Dr. Samuel Ofosu Ampofo: Political Policy Advisor Prof. Sharif Mahmud Khalid: Economic Policy Advisor Dr. Hamza Zakaria: Economist Ms. Mansa Amoa–Awuah: Finance Expert Dr. Mariam Rashinatu Iddrisu: Social Sector Policy Advisor
Agric Minister Warns Staff Against Partisan Politics
Ghana’s Minister for Food and Agriculture, Eric Opoku, has issued a stern warning to employees within his Ministry, cautioning them against engaging in partisan politics that could undermine the government’s efforts in the sector. Apexnewsgh reports Speaking during his ongoing tour of departments and agencies on Monday, January 27, 2025, Opoku emphasized the need for collective commitment to national development, regardless of political affiliations. “The politics is over. You may belong to whichever party, but at the end of the day, we are all working for Ghana. Let’s hang our political jackets and mobilize all that we have,” Opoku stated, stressing that nation-building should take precedence over party loyalties. He warned against acts of sabotage, saying that anyone who becomes an obstacle to national development will be cleared. Opoku’s remarks come at a critical time when Ghana’s agricultural sector faces major challenges that require a unified effort to ensure growth and food security. As part of his working tour, the minister has been engaging with various departments to identify issues affecting staff and explore solutions to enhance productivity. Some of the departments he visited include: Plant Protection Regulatory Services Directorate (PPRSD) in Pokuase, where he stressed the need to boost plant yield and reduce dependence on imported produce. Statistics Research and Information Directorate (SRID) Directorate of Agricultural Extension Services (DAES) Human Resource Directorate at Ghana House in Accra The Minister reaffirmed his dedication to strengthening Ghana’s agricultural sector by fostering a collaborative work environment and ensuring that all employees contribute effectively to the country’s food security and economic growth. Source: Apexnewsgh.com