July 17, 2009

The Ministry of Water Resources, Works and Housing would undertake a pilot project at Teshie in Accra, to supply sea water to Ghana Water Company Limited for treatment to meet the water needs of the country. Successful completion of the…

Four hundred and fifty staff and health workers of the Korle-bu Teaching Hospital, have filed an ex-parte motion for an order of Garnishee against funds, treasury bills and fixed deposits credited to the accounts of the hospital by the Bank…

Parliament on Thursday approved the Poverty Reduction and Growth Facility (PRGF) credit agreement between the Government of Ghana and the International Monetary Fund (IMF), for the amount of  SDR 387 million (US $597 million). The amount…

Members of Parliament on Friday engaged in arguments as to whether a loan facility for farmers was going to benefit the beneficiaries directly or would be used to facilitate their capacity building. Some members of the Minority New…

Mr Gordon Bodza, Industrial Relations Officer of the Volta Regional Council of Labour of the Trades Union Congress (TUC) on Thursday said organized labour perceived attempts to delay the implementation of the national pension scheme as…

Vice President John Mahama on Friday described as legendary, the level of support Ghana had received from the UK Department for International Development (DFID). He said the DFID support over the years had enabled Ghana to develop a…

Standard Bank Group Ltd., Africa’s largest bank, said it may make more acquisitions in Nigeria if there is consolidation in its banking industry. “If the right opportunity arises and there’s a further round of consolidation, which we think…

The World’s third largest gold producer, AngloGold Ashanti has signed agreements with Randgold Resources Ltd., to buy Moto Goldmines Ltd located in the Democratic Republic of the Congo (DRC). The company has said in a press release copied…

Since it was announced that Ghana had found oil in commercial quantities in June 2007, the country has become the destination point for all the sectors in the global oil industry, including training institutions. A report on the website…

Ghana will receive a loan of more than $1 billion from the International Monetary Fund to stabilize its economy, the biggest loan to an African nation since the start of the global financial crisis. The money will be used to bolster the…