Officials from Ghana and Ivory Coast on Tuesday opened talks over a dispute about the two neighbours’ offshore boundary, which falls in an oil-rich zone. Ghana’s recent discovery of oil reserves off its coast has sparked off a row with Ivory Coast over the border, with Accra accusing Abidjan of claiming part of its maritime [...]
Read the rest of this story »Lending rates of banks continue to remain high despite the Bank of Ghana (BoG) adjusting its policy rate-the prime rate from 18 percent to 16 percent in February this year, according to the latest Annual Percentage Rates (APR) and Average Interest (AI) released on Friday by the Central Bank. Market watchers, analysts and economists have [...]
Read the rest of this story »The Human Rights Court has fixed May 18, 2010 to rule on the bail application for the nine people charged for the murder of the late King of Dagbon, Ya-Na Yakubu Andani II, and a number of his elders. The court, presided over by Mr. Justice U.P. Dery, fixed the date after hearing submissions from [...]
Read the rest of this story »Ivorian President Laurent Gbagbo has invited President John Evans Atta Mills to his country to discuss the recent rumpus over demarcation of boundaries for the two countries. The invitation was delivered by a delegation from Ivory Coast led by its Minister of Internal Affairs, Desire Tagro. It is recalled that President Mills some three weeks [...]
Read the rest of this story »Vodafone Ghana and Openmind today announced the successful deployment of an advanced messaging platform for Vodafone Ghana. The new technology ensures Vodafone Ghana with the support of Openmind can deliver the best quality and most innovative messaging services in Ghana such as protection from spam and fraud. Vodafone Ghana is in the process of a [...]
Read the rest of this story »STORY: FROM MICHAEL SARPONG MFUM, SUNYANI Benjamin Atta Boamah Obeng, President of the Tertiary Student Confederacy (TESCON) of the New Patriotic Party (NPP) Sunyani Polytechnic branch, has admonished supporters of the aspiring candidates desiring to lead the NPP in the 2012 general election to do clean campaigns which would not break the party after the [...]
Read the rest of this story »Trade and Industry Minister Hannah Tetteh has charged the Ghana Standards Board to assess the impact of high-risk goods on the country’s economy, prevent the importation of cheap and substandard goods, and protect the interest of consumers. She said “Items and goods found not conforming to our standards should be destroyed to serve as a [...]
Read the rest of this story »An Economist and Policy Analyst, Dr. Nii Moi Thompson described Ghana’s economy as a ‘‘Container Economy’’. According to him, the country hardly builds factories to employ people and has a highly unfavourable rental regime which makes it very complicated for the average Ghanaian to rent a home or set up a business. He said as [...]
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