Archive for February, 2011

Cocoa hits fresh 32-year high

Posted by on February 26, 2011 at 1:58 pm in Business, Other Top Stories

Dried cocoa beans are packed in hessian sacks on a cocoa farm near Amankwakram in Western Ghana on the border with Ivory coast February 14, 2011. The increased traffic in contraband Ivorian cocoa beans following the country’s export ban is starting to impact neighbour Ghana’s cocoa industry. Picture taken February 14, 2011. REUTERS/Hereward Holland (GHANA [...]

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As Jimoh Ibrahim brightens life in Ghana with Energy Bank

Posted by on at 1:26 pm in Top Story

It was meant to be a presidential joke, but a good number of guests gathered at 30, Independence Street, one of the busiest streets in Accra, Ghana, where Energy Bank Ghana Limited was being inaugurated thought otherwise.

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AngloGold Ashanti claims exemption from royalty payment review

Posted by on February 25, 2011 at 8:32 pm in Business, Mining

Mining firm AngloGold Ashanti says it is exempted from the recent review in the royalties payable by mining firms operating in the country. According to officials, the review does not apply to the firm. Government in the 2011 budget announced an upward review of the royalties for mining firms from 3 to 6 percent. It [...]

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Miss Ghana 2010 survives near fatal accident

Posted by on at 8:31 pm in Entertainment, Movies, Other Top Stories

Miss Ghana 2010, Stephanie Karikari has told Hitz Entertainment News that she is recovering from a near fatal accident which occurred Tuesday, February 22 night involving her car and a taxi cab. According to a source close to the beauty queen, the side of Stephanie’s car was hit by a taxi whilst she was driving [...]

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Bank of Ghana’s Head of Treasury retires

Posted by on at 8:27 pm in Business, Financial Institutions

The Head of Treasury at the Bank of Ghana has retired from his position at the bank. Francis Kobina Andoh’s retirement comes after almost 28 years of service. He first joined the bank’s accounts and finance department, with his professional background as an accountant. He later moved to the audit department and then to the [...]

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Top 10 reasons women cheat

Posted by on at 8:27 pm in Health & Lifestyle, Other Stories

Diane Lane did it in Unfaithful. Annette Bening did it in American Beauty. Sarah Jessica Parker did it on Sex and the City. And they’re not the only ones. Although women haven’t surpassed men on the cheating scale, more married women than ever before are jumping in the sack with someone other than their husbands. [...]

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MPs haggle over whose reign was more pregnant with cocaine

Posted by on at 8:25 pm in News From Other Newspapers, Politics

Members of Parliament have been haggling over which of the two administrations- National Democratic Congress or the New Patriotic Party – was or is endemic with cocaine related activities. The NPP MPs insist by September 2008 Ghana had been declared a no-go-area for drug traffickers, a position the NDC MPs vehemently disagree and produced a [...]

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Kufuor on corruption: I have been vindicated

Posted by on at 8:24 pm in News From Other Newspapers, Politics

Ex-president John Kufuor says recent demands by government functionaries for evidence of corruption allegations are vindication of his stance. Speaking to CNN, the former president said it is always incumbent on the person who alleges corruption to provide evidence so government can take necessary action. He said he was always ready to take punitive action [...]

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