Author: SAMUEL

Ghana will come to a solemn halt today as the nation bids farewell to eight distinguished patriots who lost their lives in last Wednesday’s [August 6] helicopter crash at Adansi in the Ashanti Region. The state funeral, scheduled for 7:30 a.m. at the Forecourt of the State House in Accra, will unite government leaders, bereaved families, and citizens from across the country in a moment of national mourning. Among those being honoured are Hon. Dr. Edward Kofi Omane Boamah, Minister for Defence; Mr. Samuel Sarpong, Vice Chairman of the NDC; Samuel Aboagye, Deputy Director-General of NADMO; Sqn. Ldr. Peter Baafemi…

A coalition of commercial transport operators, including the Ghana Private Road Transport Union (GPRTU) of TUC and the Ghana Road Transport Coordinating Council (GRTCC), has issued an ultimatum to the government to fix the deplorable Pokuase-Nsawam road immediately or face a nationwide protest. In a press statement released on August 14, 2025, the transport operators called on the Minister for Roads and Highways to make the road a priority. They condemned the current state of the stretch as “unmotorable” and a source of “extreme dangers” to all motorists, commuters, and residents in the area. The coalition also highlighted the severe…

Chief Executive Officer of the National Health Insurance Authority (NHIA), Dr. Victor Asare Bampoe. The Chief Executive Officer of the National Health Insurance Authority (NHIA), Dr. Victor Asare Bampoe, has assured health facilities and suppliers that the authority is in a strong position to pay claims promptly. Dr. Bampoe explained that, in the past, suppliers had to wait for up to four months before they were paid, but this is no longer the case under the current administration. The CEO made this known in an exclusive interview with Onua News in Accra. Dr. Bampoe added that if facilities have not…

First Lady Melania Trump has threatened to sue Hunter Biden for more than $1bn after he claimed she was introduced to her husband by sex offender Jeffrey Epstein. Lawyers acting on behalf of the first lady, who married US President Donald Trump in 2005, described the claim as “false, disparaging, defamatory and inflammatory”. Biden, son of former US President Joe Biden, made the comments during an interview earlier this month, in which he strongly criticised the president’s former ties to Epstein. Donald Trump was a friend of Epstein, but has said the pair fell out in the early 2000s because…

The Manhyia Palace has formally informed former President Nana Addo Dankwa Akufo-Addo of the passing of the Asantehemaa Nana Konadu Yiadom III. On Wednesday, 13th August, 2025, Mr Akufo-Addo received a distinguished delegation of eminent chiefs and elders from the revered Manhyia Palace, sent by Otumfuo Osei Tutu II, Asantehene. In a Facebook post after the visit, Mr Akufo-Addo wrote that “The late Asantehemaa was an adorable queen of grace and wisdom, who was fully committed to the values and traditions of the great Asante kingdom. She had a successful eight-year reign and we had a good and fruitful friendship.…

The Defence Security Cooperation Agency (DSCA) said in a statement quoted by Reuters on Wednesday that the U.S. State Department has approved potential sales of munitions, precision bombs, and precision rockets to Nigeria at an estimated cost of $346 million. The statement said Lockheed Martin, RTX Missiles and Defense, and BAE Systems are the sales contractors. According to the statement, “The State Department has made a determination approving a possible Foreign Military Sale to the Government of Nigeria of Munitions, Precision Bombs, and Precision Rockets and related equipment for an estimated cost of $346 million. The Defense Security Cooperation Agency…

The Special Anti-Galamsey Task Force was held hostage at Bonteso in the Amansie West District of the Ashanti Region when they moved in to halt illegal mining activities. This led to an exchange of gunfire between the task force and members of the community. During the confrontation, two members of the task force, ASP Bawah Abdul Jalil and G/Sgt. Agblekpe Mawuena Yao, sustained injuries to the head, mouth, and leg. Four suspects were arrested: Akwesi Amponsah, Osei Vasco, Patrick Asare (the Assembly Member for the electoral area), and Owusu Alexander. Leaders of the Manso Adubia Special Anti-Galamsey Operations Team, DSP…

IMANI Africa has said that businesses should proactively reassess their financing strategies in light of the recent Monetary Policy Rate (MPR) reduction by exploring opportunities for lower-cost credit, renegotiating existing loan terms, and prioritising investments that yield medium-term returns. The think tank also asked firms to strengthen their credit profiles by improving financial disclosures and collateral quality to benefit from emerging credit rating systems. Given the volatility in exchange rates and declining T-bill yields, businesses must adopt prudent hedging strategies and diversify revenue streams to mitigate currency and interest rate risks while positioning themselves for growth in a gradually easing…

Falconx has announced the expansion of its Prime Connect product through an integration with Copper’s Clearloop network, enhancing off-exchange settlement capabilities for its Direct Market Access (DMA) clients trading on Bybit. This integration allows clients to custody their assets off-exchange while trading, thereby reducing counterparty risk associated with exchange-held funds. Falconx’s DMA offering provides a unified access point to global exchanges, enabling clients to maintain control of their assets without the need to post collateral on the exchange. With the new connectivity to Copper’s network, Falconx DMA clients can access up to 5x leverage, consolidate margin and risk across venues,…

Bullish, a cryptocurrency exchange backed by Peter Thiel, successfully debuted on the New York Stock Exchange on August 13, 2025, raising approximately $1.1 billion in its initial public offering (IPO). The company priced its shares at $37, above the expected range of $32 to $33, and opened at $90, representing a 143% increase. During trading, shares peaked at $118 before closing at $70, resulting in an overall gain of nearly 90% and a market capitalization exceeding $10 billion. This marks a significant milestone for Bullish, which had previously attempted to go public via a SPAC merger in 2021. The IPO…