Yearly Archives

2008

Can wounded banks be nursed back to health?

In September, after the collapse of the American investment bank Lehman Brothers, the financial crisis took on a new and, frankly, rather frightening dimension. The Bank of England Governor Mervyn King said that the banking system had been…

US Visa application made easy

Henceforth, people who had five-year United State of America visa and wish to apply for renewal, will no longer need to schedule appointments. Raymond Stephens the vice consul of the Embassy, who announced this at a news conference in…

One billion people face hunger – WFP

The number of people affected by hunger has hit one billion, says the World Food Programme (WFP). This year alone, 40 million people were pushed into hunger by the high world food prices, thus exerting more pressure on the food assistance…

iBurst Africa expands coverage in Accra, Tema

iBurst Africa on Thursday announced that it has successfully completed work on its base station expansion and optimization programme to enhance coverage in all parts of the city of Accra and the Tema metropolis. A release issued in Accra…

Natural gas plant for Ghana

The government has finalized arrangements to establish a Natural Gas Processing plant on-shore Atuabo in the Western Region to process the gas that will be produced in association with the crude oil from the Jubilee Oil and Gas Field. A…

Zuma sues cartoonist

South Africa's ruling party leader Jacob Zuma is suing a cartoonist for $712,300 (£464,200) for a controversial drawing of him published in September. In the Sunday Times newspaper cartoon, Jonathan Shapiro draws Mr Zuma about to rape…

Midlands gets extension of warrant

Following an application for warrant extensions by Midlands Minerals Corporation, the TSX Venture Exchange has consented to the extension in the expiry date of 3,122,500 share purchase warrants which were issued pursuant to a private…

Madoff could not have acted alone

Bernard Madoff's contention that he pulled off one of the biggest financial frauds in history without any help is being met with disbelief by his investors and experts in the securities industry. It normally takes a team of accountants,…