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GEXIM commemorates Homowo with “Homowo Mart” on August 27
As part of activities to commemorate this year’s celebration of the Homowo festival, Management of the Ghana Export – Import Bank (GEXIM) has announced a special edition of its popular Tuesday Market. Dubbed “GEXIM Homowo Mart”, it is scheduled to take place on Tuesday August 27, 2024 at the forecourt of the Bank’s headquarters, the Africa Trade House, in Accra.
In the spirit of the celebration, the “GEXIM Homowo Mart” which will commence at 10am and end at 8pm will provide a platform to showcase a variety of top-quality Made-In-Ghana products and services at unbeatable prices.
The very unique, and authentic products to be exhibited at the fair will include food and ingredients, beverages, skin and beauty care products, textiles, apparel, garments, leather footwear, slippers, and many others.
Commenting on the Bank’s rationale and preparation towards the successful organization of the “GEXIM Homowo Mart”, the Deputy Chief Executive of GEXIM, responsible for Banking, Ms. Rosemary Beryl Archer, highlighted the important role cultural sensitivity plays in global trade, bilateral relations between countries as well as building synergies between international businesses and entrepreneurs.
“We are excited to be participating in this year’s edition of the month long harvest festival by the Gas in the Greater Accra region by organizing the special edition of our award winning SME fair, Tuesday Market, which seeks to promote and market products and services by Ghanaian entrepreneurs. I must say, cultural sensitivityis a cornerstone of successful international trade and it is significant to leverage on important festivals like Homowo by the Gas which comes with a lot of lessons. When businesses value and respect cultural differences, they foster trust, enhance communication, and drive sustainable growth in global markets”, she elaborated.
According to Mr. Archer, in addition to the exhibition of Ghanaian made products and services on the day, the forecourt of the Africa Trade House will come alive with a Ga cultural display to provide a captivating insight into the tradition and customs of the Ga people in the presence of some very important dignitaries from the Ga state confirmed to participate in the “GEXIM Homowo Mart”.
The word “Homowo” means hooting at hunger in the Ga language. The Ga people celebrate the “Homowo Festival” in remembrance of famine that once happened in their history in precolonial Ghana. The festival is a time of immense joy, gratitude and reflection for all Gas in the country and around the world.
Minister for Government Communications, Felix Ofosu Kwakye, has dismissed claims that staff salaries at the Presidency have increased under the current administration, describing the allegation as a “flat lie”.
In a response to a post on Facebook, Ofosu Kwakye said the current staff at the Presidency inherited the same salaries and conditions approved for their predecessors.
He argued that once arrears owed to former Article 71 office holders are paid, the total wage bill for the current administration will actually be lower due to a reduction in staff numbers.
“It is in fact a mathematical certainty that the total amount paid in salaries to the current staff will be smaller compared to yours once your arrears are paid because of the reduction in numbers,” he stated.
The Minister noted that delays in paying arrears to past Article 71 office holders are not new.
“Arrears owed to past Article 71 office holders is nothing new or unheard of. Many others before you have suffered same,” he said.
Ofosu Kwakye also stressed that the salaries and conditions in question were approved by Parliament on 6th January 2025, under the previous government.
He pointed out that the Constitution bars any changes to those salaries until a new committee is set up to determine emoluments for Article 71 office holders under the new administration.
“No such committee has been set up by President Mahama and no alteration has been made,” he clarified.
“So on what basis, apart from pure lies and mischief, can a claim of ballooning be made?” he concluded.
The response follows public debate over the size and cost of the presidential staff, with critics alleging a spike in the wage bill.
By Edem Mensah-Tsotorme
Bernard Antwi Boasiako, popularly known as Chairman Wontumi and the Ashanti Regional Chairman of the New Patriotic Party, has initiated plea negotiations with the Attorney General’s office in the GH₵30 million Exim Bank fraud case.
Information available to ghanaiantimes.com.gh indicates that lawyers for Bernard Antwi Boasiako aka Chairman Wontumi & 2 other accused have formally written to the Attorney General to enter into plea negotiations on the charges of defrauding by false pretenses, money laundering, and intentionally causing financial loss to a public body.
A plea bargain, under Section 162C of the Criminal and Other Offences (Procedure) (Amendment) Act, 2022 (Act 1079), allows an accused person to plead guilty to lesser charges in exchange for a reduced sentence.
The agreement must be approved by the court after the Attorney General assesses factors such as the strength of evidence, recovery of state funds, and public interest.
Wontumi is facing four counts after his arrest by the Economic and Organised Crime Office in May 2025.
Prosecutors allege he used forged documents to secure a GH₵30 million facility from the Ghana Export-Import Bank to finance equipment for his mining company, Akonta Mining Ltd.
The state further charges him with money laundering and causing financial loss to the state.
He has pleaded not guilty to all charges and was granted GH₵50 million bail with two sureties. The case is currently before the Accra High Court.
The Attorney General’s office is yet to confirm whether negotiations will proceed.
By Edem Mensah-Tsotorme
