News
Trafigura threatens to seize Ghana’s properties in South Africa over $111m debt

Trafigura’s Ghana Power Generation Company (GPGC) has petitioned Finance Minister Dr. Mohammed Amin Adam on outstanding arrears owed to it by the Government of Ghana.
GPCG in letter addressed to the Finance Minister and copied to the Attorney General and Minister of Justice Godfred Yeboah Dame, warned that it may be compelled to seize Ghana’s properties in South Africa and the United States of America if the government fails to pay an outstanding $111 million out of $134 million judgement debt it was awarded four years ago after Ghana abrogated a power purchase agreement.
A similar action was taken in August 2024, when Trafigura moved in to briefly seize Ghana’s Regina House in the United Kingdom for defaulting on a payment agreement.
The origins of this legal dispute trace back to a decision made on January 26, 2021, by a UK tribunal. The tribunal issued a decisive final award, concluding that the Ghanaian government had breached its contractual obligations under the power purchase agreement with GPGC.
This breach occurred when Ghana unilaterally terminated the agreement on February 18, 2018. The tribunal’s findings were damning, ruling that Ghana was liable to pay GPGC a staggering $134,348,661 as an early termination payment.
Government paid $23 million of the debt when the Regina House was seized with a balance of $111 million.
GPCG in its letter to the Finance Minister gave Ghana up to the end of this week to settle debt.
“We would nevertheless like to reiterate the message of our previous correspondence, that we would prefer not to take any further enforcement action and instead to resolve the matter amicably by fully executing the settlement agreement, as soon as possible, ideally within this week, and receiving payment in accordance with the agreed schedule,” it indicated.
Source: Citinewsroom.com
News
Swallowed by the Sea! …Keta’s coastal lines, landmarks, efforts to preserve heritage

The Atlantic Ocean is no longer a distant blue horizon for the people of Keta.
It now circles around their doorsteps, uninvited, unrelenting, pulling down walls and other structures, erasing memories, and threatening lives.
Hovering precariously between the restless sea and the Keta Lagoon, this once-thriving coastal town is slowly being obliterated.
Salt water has become both a physical and metaphorical threat, dissolving the town’s past as fast as it claims its future.
Madam Aku Atitso, 62, lives in a crumbling former Prisons Service quarters – one of the few structures still standing on the eroded stretch of Queen Street.


She sits quietly at the entrance, preparing a modest breakfast for herself and her granddaughter.
The air is thick with salt and silence. “The sea took everything,” she says softly. “My husband’s nets, our mattress, our memories all gone overnight.” Her voice trembles. “This place too is dying. But it’s the last place with a roof over my head.”
A few metres away, Aunty Esinam, 79, watches the sea from a low stool beside a wooden shelter. Her eyes do not blink. “That spot,” she points, “used to be someone’s living room, a whole family lived there”.
It’s not just homes that are vanishing. Landmarks that anchored Keta’s cultural identity are disappearing one after another. The once-imposing Fort Prinzenstein, a haunting relic of the transatlantic slave trade is now more of a ruin than a monument.
the encroaching waters along Keta’s
coast.
encroaching waters along Keta’s coast
The colonial-era Bremen factory, the old cinema where generations of children once laughed at flickering black-and-white films is also gone.
Queen Street, once the town’s bustling backbone, is now a watery corridor choked with debris.
Standing atop a section of the sea defence wall, 69-year-old retired teacher Efo Kwasi Agbeko surveys what remains.
“The first police station is mostly gone,” he says, gesturing part of the building stuck in the sea sand, only ruins and a few rooms remain.
“This town is fighting, but the sea is winning,” he said.
Even the Cape St. Paul Lighthouse, Keta’s historic sentinel, leans perilously toward the water, and fishermen say holes in the shore are opening more frequently, sometimes every week.
That leaves a thick cloud of uncertainty hanging around the historic town of Keta.
Once upon a time, it was a vibrant town noted for business but currently left with ruins with a few of the residents watching in awe the sea’s devastation.
From: Geoffrey Kwame Buta, Keta, Volta Region
News
Ghanaians climax Easter with fun-filled activities

Christians around the world and other faith based groups last Monday climaxed the Easter celebration with a number of fun-filled outdoor and indoor activities.
With streets empty, fun seekers stormed church premises where picnics were held while others partied in many ways.
Others spent the day at the various beaches and music and film shows occupying the others.
velleyball competition
at the Laboma Beach
Church in Tema Community 8 engaged
in a number of activities including the
popular draught competition
At the churches, participants engaged in bible reading, football, volleyball, playing cards, table tennis, horse racing, bouncing castles, swimming and oware.
one of the picnic venues
Others played ludo, tag of war, lime and spoon, draught, music competitions among others.
The Spectator captured some of the exciting scenes around Accra-Tema for the benefit of readers.
Story & pictures by Victor A. Buxton