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LUKOIL, GNPC announce new oil strike

Written on 4 Mar, 2010 at 10:22 in Business | viewed 22 views times | 0 Comments
LUKOIL, GNPC announce new oil strike

Ghana National Petroleum Corporation (GNPC) has announced the discovery of a significant accumulation of oil and gas on the Cape Three Points Deep Water Block located offshore the West African nation. GNPC and its partners, LUKOIL Overseas Ghana Ltd (LUKOIL) (56.6%),... (Continue reading)

Credit union makes progress

Written on 3 Mar, 2010 at 19:30 in Business | viewed 16 views times | 0 Comments

The Board of Directors of the Crops Research Institute Co-operative Credit Union in Kumasi has as at June 2009, posted a net profit of GH¢53,099 representing a percentage growth of 17.24 over GH¢ 45,292 profit realised the previous financial year. The... (Continue reading)

$2.2m boost for Newmont Ahafo Foundation

Written on 1 Mar, 2010 at 18:08 in Business, Featured Stories | viewed 29 views times | 0 Comments
$2.2m boost for Newmont Ahafo Foundation

Newmont Ahafo Mine within the last two years has contributed $ 2.2 million dollars to the Newmont Ahafo Development Foundation (NADF) for the development of Ahafo communities and its environs. Other monies are ready to be transferred from the Company to... (Continue reading)

‘Tax on food and beverage is suicidal’

Written on 19 Feb, 2010 at 10:17 in Business | viewed 73 views times | 0 Comments
‘Tax on food and beverage is suicidal’

Government’s 20 per cent tax on food and beverages are suicidal because it could encourage smuggling, says Mr Nabil Moukarzel, Chairman of Food and Beverage Association of Ghana. He said the situation was particularly disturbing when neighbouring Cote d’Ivoire had only... (Continue reading)

CDH to become NSIA Ghana

Written on 17 Feb, 2010 at 8:06 in Business | viewed 71 views times | 0 Comments

CDH Insurance Ghana would become NSIA Ghana from Thursday, February 18, due to the acquisition of 80 per cent shares in the company by Ivorian-base NSIA Insurance and Banking Group. A source close to a strategic meeting of heads of NSIA... (Continue reading)

Zain appoints CEO

Written on 15 Feb, 2010 at 10:32 in Business | viewed 78 views times | 0 Comments

Mr Nabil Bin Salama has been appointed as the Chief Executive of Zain Group, effective February 14, 2010. A statement copied to the Ghana News Agency in Accra on Friday, said the decision was taken based on Mr Salama’s professional... (Continue reading)

‘Focus on diversifying economy’

Written on 11 Feb, 2010 at 13:51 in Business | viewed 94 views times | 0 Comments
‘Focus on diversifying economy’

Dr Ngozi Okonjo-Iweala, Managing Director of the World Bank Group, on Tuesday urged Ghana to focus on diversifying her economy and use the expected revenue from oil and gas for socio-economic development. She said transparency, accountability, human resource development and use... (Continue reading)

Farmers urged to increase production

Written on 11 Feb, 2010 at 11:47 in Business | viewed 82 views times | 0 Comments
Farmers urged to increase production

The Chairman of SEND Ghana, a non-governmental organization, Mr Alexander Dadzawa, has called on farmers in the country to increase agriculture production in Ghana. According to Mr Alexander Dadzawa, when this is done it would help reduce poverty in Ghana, especially... (Continue reading)

GIABA wage war on financing terrorism

Written on 11 Feb, 2010 at 10:47 in Business | viewed 95 views times | 0 Comments
GIABA wage war on financing terrorism

The Inter-governmental Action Group Against Money Laundering (GIABA), an ECOWAS specialized institution established to combat money laundering and counter financing of terrorism, has charged ECOWAS member states to strengthen efforts at combating money laundering and counter financing of terrorism. Mr Nelson... (Continue reading)

Stratcom boss joins IPRA

Written on 10 Feb, 2010 at 10:24 in Business | viewed 81 views times | 0 Comments
Stratcom boss joins IPRA

The Chief Executive Officer of Strategic Communications Africa Limited (Stratcomm Africa), Ms Esther Amba Numaba Cobbah, has been elected to the membership of the International Public Relations Association (IPRA) as the representative for Ghana and to chair the Ghana Branch... (Continue reading)

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