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in General News

Shamima Muslim Calls for Change in Governance

Evans Junior Owuby Evans Junior Owu
August 11, 2024
Reading Time: 4 mins read
hamima Muslim, Member of NDC National Communication Team

hamima Muslim, Member of NDC National Communication Team

Shamima Muslim, a renowned former broadcast journalist and member of the National Democratic Congress (NDC) National Communications Team, has reaffirmed her decision to vote for the NDC in the upcoming December 2024 general elections.

The former media practitioner, in a compelling statement, pointed out that her decision comes after a critical assessment of the New Patriotic Party’s (NPP) nearly eight-year administration under President Nana Akufo-Addo and Vice President Dr. Mahamudu Bawumia.

She highlighted the importance of strengthening Ghana’s institutions, political parties, and overall governance as crucial pillars of the nation’s democracy.

She expressed deep concern over the NPP government’s performance, stating that it has failed to meet the expectations of good governance, as evidenced by various indicators.

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“Let us all work to strengthen our institutions, political parties, and our governance generally. This year, I will be voting for the NDC after the almost eight years of the NPP has shown marked poor performance on all good governance indicators”.

Shamima Muslim, Member of NDC National Communication Team

Findings from Afrobaromter Report

Citing the findings of the Afrobarometer report, Muslim pointed out that Ghana’s democracy has deteriorated significantly under the leadership of President Akufo-Addo and Vice President Dr Mahamudu Bawumia.

She pointed out that the report, which assesses the state of democracy, governance, and public trust across Africa, paints a troubling picture of the current state of affairs in Ghana.

According to her, the report revealed that the NPP government has been instrumental in stifling media freedom, eroding public trust in key institutions, and allowing corruption to flourish unchecked, emphasizing the gravity of the situation.

The former broadcast journalist stressed the need for consistent accountability to improve the quality of governance in Ghana.

She argued that without holding governments accountable, the nation risks further decline in democratic principles and good governance.

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“Governments must always be held accountable consistently until we strengthen the quality of our governance,” she asserted, calling for a collective effort to demand better from those in power.

JohnJane
Former Presdient John Dramani Mahama and Professor Naana Jane Opoku Agyemang

In the light of the above Shamima Muslim endorsed the National Democratic Congress and its Presidential ticket, led by former President John Dramani Mahama and running mate Professor Naana Jane Opoku-Agyemang, highlighting her belief that the NDC offers a viable alternative to the NPP.

She urged Ghanaians to vote out the ruling party and usher in a new era of governance that prioritizes accountability, transparency, and the welfare of the people.

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Additionally, Shamima Muslim called on Ghanaians to vote for all parliamentary candidate of the opposition National Democratic Congress in the December 7 polls, underscoring the critical need for Ghanaians to choose desire for meaningful change.

In a resounding conclusion, Shamima Muslim emphasized that change is not just an option but a necessity in the face of what she perceives as the NPP’s failures.

“Change should be a must!” she proclaimed, rallying support for the NDC’s bid to return to power.

Shamima Muslim’s statement adds to the growing chorus of voices calling for a shift in Ghana’s leadership, with many Ghanaians eagerly anticipating what promises to be a fiercely contested election.

In an earlier call for  change, former Minority Leader and Member of Parliament for Tamale South, Haruna Iddrisu urged Ghanaians to use the December 7 general elections to express their disapproval of the economic hardship that has plagued the country under the New Patriotic Party (NPP)-led government.

Speaking at the Upper West regional campaign launch of the NDC, Honorable Iddrisu said the country is witnessing an all-time economic crisis that has crippled many businesses and worsened the living standards of the populace due to mismanagement and widespread corruption within the Nana Addo-Bawumia led government.

READ ALSO: Ghana Government Targets GH¢78 Billion Through T-Bill Issuance in Q3 2024

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Tags: 2024 General ElectionsHaruna IddrisuNDCNPPShamima MuslimVote for Chanage
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Unlike previous periods where earnings were significantly supported by impairment recoveries, CalBank's latest results demonstrate that its profitability is now being powered largely by the strength of its underlying banking business. Core Banking Business Drives Exceptional Earnings One of the biggest highlights of the first half performance was the remarkable growth in net interest income, which surged by 83 percent to GHS347.5 million. The increase came despite a relatively lower interest rate environment. Interest income rose from GHS399 million to GHS451.5 million as the bank continued expanding its earning assets. At the same time, funding costs fell sharply, with interest expenses dropping from GHS209 million to GHS104 million. This significant reduction in funding costs improved the bank's profitability and demonstrated stronger balance sheet management. CalBank also recorded exceptional growth from non interest income sources as it continued diversifying its revenue streams. Net fees, commissions, and trading income almost doubled, rising by 99 percent to GHS323.3 million from GHS162.7 million during the same period last year. The strong performance reflects increased customer activity across the bank's retail, commercial, and corporate banking segments. The diversified earnings profile places CalBank in a stronger position to withstand changing market conditions while maintaining sustainable profitability. Stronger Earnings Quality Boosts Investor Confidence Perhaps the most significant aspect of CalBank's results is the improved quality of its earnings. During the first half of 2025, impairment recoveries contributed approximately GHS154 million to profits. However, in the latest reporting period, impairment gains accounted for only GHS7 million. This means the overwhelming majority of profits were generated through normal banking operations rather than one off recoveries. The shift highlights the success of management's transformation strategy and provides greater confidence that future earnings will remain sustainable. Industry analysts often view recurring operating income as a stronger indicator of long term financial health than exceptional gains. Assets and Deposits Record Strong Expansion CalBank also recorded significant growth in its balance sheet during the period. Total assets expanded by 30 percent to GHS13.9 billion from GHS10.7 billion recorded at the end of June 2025. Customer deposits increased by the same margin, rising to GHS10.9 billion. The growth in deposits reflects increasing customer confidence in the bank's brand, improved service delivery, and expanding retail and commercial banking operations. Higher deposits also provide the bank with a stable funding base to support future lending and business expansion. The figures reinforce CalBank's growing position within Ghana's competitive banking industry. Bad Loans Decline Dramatically One of the most remarkable achievements during the first half of the year was the dramatic improvement in asset quality. The bank's Non Performing Loan ratio dropped sharply to 10.10 percent from an exceptionally high 51.60 percent recorded at the end of June 2025. The improvement reflects the successful execution of CalBank's balance sheet remediation programme and disciplined credit risk management practices. A healthier loan portfolio reduces future credit losses while creating additional room for prudent loan growth. The significant decline in bad loans also strengthens investor confidence and enhances the bank's overall financial stability. Capital Position Strengthens After Recapitalisation Following its successful recapitalisation in 2025, CalBank has continued strengthening its financial foundation. Its Capital Adequacy Ratio improved dramatically to 18.17 percent from a negative 7.6 percent recorded a year earlier. 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