Author: SAMUEL
The Electricity Company of Ghana (ECG) has begun processes to review all significant contracts, including its contract with Hubtel. According to the Acting Managing Director, Julius Kpekpena the review forms part of a renewed effort to improve compliance and guarantee value for money in accordance with the Public Financial Management (PFM) Act. He disclosed this during his appearance before the Public Accounts Committee of Parliament on Tuesday, October 28, 2025. He said ECG has engaged a lawyer to evaluate all significant contracts to make sure they adhere to the legal requirements. He revealed that the contract with Hubtel is one…
The former Chief Executive Officer of the National Food and Buffer Stock Company (NAFCO), Hanan Abdul-Wahab. The Attorney-General and Minister of Justice, Dr. Dominic Akuritinga Ayine, has filed multiple criminal charges against Hanan Abdul-Wahab Aludiba, former Chief Executive Officer of the National Food and Buffer Stock Company (NAFCO), and four others, over alleged acts of stealing, money laundering, and causing financial loss to the state. According to court documents filed at the High Court in Accra, the accused persons — Hanan Abdul-Wahab Aludiba, Faiza Seidu Wuni, Richard Sam-Asante (currently at large), The Aludiba Foundation, and Energy Partners Limited — are…
Wole Soyinka Nigeria’s Nobel Prize-winning author Wole Soyinka said on Tuesday the United States had revoked his non-immigrant visa issued last year and he was told to reapply if he wished to try again to visit the U.S. The 91-year-old writer said in 2016 that he had torn up his U.S. green card and renounced his American residency in protest at the first election of President Donald Trump. The Nobel laureate has had regular teaching stints at America’s Ivy League universities since the mid-1990s following his Nobel Prize for Literature in 1986. On Tuesday, Soyinka showed reporters a copy of…
The Supreme Court has in a 5-0 unanimous decision dismissed an application to prohibit the presiding judge in the Kwabena Adu Boahene criminal trial from further hearing the case on grounds of bias. Lawyers of the former National Signals Bureau Director filed the application to prohibit the High Court judge, Justice Eugene Nyadu Nyantei, from further hearing the case, citing alleged bias on his part. In court on Wednesday, October 29, lead counsel for Adu Boahene, Samuel Atta Akyea argued on the grounds of allegations that the trial judge blocked the disclosure of exculpatory evidence, took special interest in the…
Justice Paul Baffoe-Bonnie The Minority in Parliament is demanding the suspension of the Appointment Committee’s vetting of Paul Baffoe-Bonnie as Chief Justice until all outstanding legal challenges concerning the removal of Chief Justice Gertrude Torkornoo are resolved in court. In a motion filed at the Speaker’s office, the NPP lawmakers are asking the Speaker to halt all processes by the Appointments Committee, citing current cases at the High Court and the ECOWAS court. “That this Honourable House, having regard to Articles 110(1), 125-127, 144(1) and 146 of the 1992 Constitution and Standing Orders 57(1)-(3), 93, 103(f), 216 and 217, resolves…
Coinbase and Apollo are igniting the next wave of institutional finance by fusing stablecoin credit strategies with tokenized lending, unlocking yield-rich, compliant opportunities at the intersection of blockchain, fintech, and private credit markets. Coinbase and Apollo Partner to Power Tokenized Credit Markets Institutional adoption of blockchain-based credit instruments continues to accelerate as major financial firms look to merge traditional lending with digital-asset infrastructure. Crypto exchange Coinbase (Nasdaq: COIN) announced on Oct. 27 that its investment subsidiary, Coinbase Asset Management (CBAM), has entered into a strategic partnership with Apollo Global Management (NYSE: APO) “to bring Coinbase stablecoin credit strategies to market.”…
Management of the National Service Authority has announced the release of the first batch of postings for the 2025/26 service year. This is contained in a press release dated October 28. “As of today, Tuesday, 28th October 2025, a total of Eighty-Five Thousand, One Hundred and Fifty-Nine (85,159) personnel drawn from all accredited tertiary institutions have been deployed to both private and public user agencies to undertake their one-year mandatory service towards national development,” the press release signed by the Director-General, Dr Ruth Sedoh indicated. It said, “This figure excludes personnel who had issues with data mis-match and have either…
Bitcoin’s Tuesday mood was anything but golden. After hovering comfortably around $115,500, the orange coin slipped on a banana peel, tumbling to an intraday low of $112,349. That’s a 1.8% drop against the U.S. dollar as traders braced for the Federal Reserve’s expected rate cut. Bitcoin’s Pre-Fed-Day Jitters Wall Street, meanwhile, was in a better mood—Nasdaq, Dow, and S&P 500 all posted gains ahead of the Federal Open Market Committee (FOMC) meeting. But once the closing bell rang, crypto called it a day. The total digital asset market now sits at $3.78 trillion, down 2.23% in 24 hours. Earlier in…
Ghana Water Limited (GWL) has temporarily shut down the Teshie-Nungua Desalination Plant, a move that will affect water supply to communities along Accra’s eastern coastal corridor. The shutdown, announced in a press release dated October 28, is due to unresolved contractual issues and a prolonged lack of critical maintenance needed for safe and efficient operations. The plant has been a vital source of potable water for areas including Teshie, Nungua, Spintex, parts of Sakumono, and La. To mitigate the impact, GWL stated it has implemented measures such as rerouting water from alternative treatment plants and prioritizing supply to essential service…
A High Court in Kumasi has cleared the path for the final funeral rites of legendary Ghanaian musician Charles Kwadwo Fosu, widely known as Daddy Lumba, to proceed in December 2025. Delivering her decision, Presiding Judge Dorinda Smith Arthur stated that under Ghanaian customary law, authority over a deceased person’s body lies with the family. She added that restraining the family would not be in their interest or that of the public. “Accordingly, the application for interlocutory injunction is hereby refused,” the judge ruled. The court’s ruling follows an interlocutory injunction application filed by his wife, Akosua Serwaa, seeking to…