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
Involve men in breast cancer conversations …Breast cancer advocate
Raisa
A Journalist and breast cancer advocate, Ms Raissa Sambou, has called for the inclusion of men in breast cancer conversations.
She said men play a crucial role in breast cancer conversations, not only because they can be affected by the disease themselves but also because they can help their partners detect early signs.
The inclusion of men in the conversation has dominated discussion on the disease during an ongoing door-to-door campaign to raise awareness on breast cancer in rural communities, focusing on both men and women who often lack access to healthcare information and treatment.
Ms Sambou, a breast cancer survivor, told The Spectator that her campaign aims to educate people in an underserved areas on early detection and prevention.
According to Ms Sambou, by encouraging and reminding women to perform regular self-breast examinations, men can support early detection, which is key to successful treatment.
“Unfortunately, there have been instances where men have distanced themselves from their wives or engaged in infidelity following breast cancer treatments, particularly when it involves the loss of a breast.
“Through education, these situations can be minimised, as men learn to be more empathetic and supportive, understanding the physical and emotional toll the disease takes on their partners,” she explained.
Educating men on these issues fosters stronger familial bonds and helps reduce stigma and misconceptions surrounding breast cancer.
“Men should not be excluded from breast cancer conversations because they can also be affected by the disease,” she said.
Additionally, she noted that when a woman is diagnosed with breast cancer, the entire family is impacted, hence the need for men to be educated on how they can provide emotional and practical support during such difficult times.
Through her initiative, dubbed ‘The Raissa Child Protection Initiative,’ the award winning journalist advocates for the wellbeing of children by empowering their parents to take better care of them.
“If parents are not healthy, they cannot care for their children,” she noted, stressing the importance of health in child protection efforts.
She revealed that the campaign, which began in Tomefa, a fishing community in the Ga South Municipality, also seeks to dispel the misconceptions surrounding breast cancer in rural areas, where fear and stigma often prevent early treatment.
Ms Sambou states that the initiative was to expand to parts of the Eastern and Central regions, with the goal of improving awareness and saving lives in areas where access to healthcare is limited.
She also underscored the importance of adopting a preventive approach to managing chronic health issues, especially given the limited resources at many healthcare facilities in Ghana.
She also expressed concern that rural residents often have to travel long distances across regions to access basic medical services like mammograms and CT scans.
This, Ms Sambou noted, contributes to the high number of undiagnosed cancers and late-stage diagnoses, which severely impact treatment outcomes.
She further lamented that even in cases of early detection, the lack of adequate cancer treatment equipment in the country often hampers patient survival.
At the Korle Bu Teaching Hospital, the nation’s largest referral centre, she explained that only two radiotherapy machines serve hundreds of patients, forcing many to wait for months before receiving treatment.
“My campaign is not only focused on awareness but also on advocacy for improved healthcare infrastructure, especially in rural communities, to ensure that early detection leads to timely and effective treatment,” she added.
By Jemima Esinam Kuatsinu
News
Women urged to pursue dreams with determination at ‘She Triumph Conference 2024’
Ms Ibrahim.
Young women have been urged to pursue their dreams with determination and self-awareness at the second edition of ‘She Triumph Conference 2024’.
The conference which was held in Accra last Saturday on the theme: “Resilience and determination of womanhood,” featured keynote speakers from various fields, including business, arts and science.
Participants at the conference.
The speakers urged the over 650 young women present at the conference to showcase their unique talents while advocating for women’s empowerment.
The Marketing Manager of Electroland Ghana Limited, Hajia Adiza Ibrahim, urged young women not to feel pressured by societal expectations but instead focus on self-discovery.
“Identify who you are and what you possess; it’s not a competition, but you want to be recognised for your individuality,” she said.
Drawing from her personal journey, she highlighted the importance of building a personal brand grounded in authenticity and hard work, saying, “I have built my reputation with truth and passion.”
The Chief Executive Officer(CEO) of Kuburah Diamonds Foundation acknowledged the challenges women face in today’s fast-paced, competitive world, urging attendees to cultivate their own identities and strive for excellence.
Ms Ibrahim, popularly known as ‘Kuburah Diamond’, stressed the need to prove oneself in various spheres, whether in academia or professional environments, urging them to exceed expectations when given the opportunity.
According to the founder of ‘She Triumph Conference’, Mrs Deborah Borketey-Tackie, the event was to train young women to gain skills to enable them become entrepreneurs and create employment opportunities for the youth.
These skills, she said included photography, beading, wig making, makeup artistry, balloon decoration and baking among others.
She indicated that 18 students who were trained in these skills had graduated and awarded at the conference.
Mrs Borketey-Tackie said the first and second runner-ups received GH¢10,000 and GH¢5,000 respectively from Omanye Royals Kingdom based in Canada.
By Cecilia Lagba Yada