2008

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…

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…

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…

Mr Duke Osam-Duodu, the Deputy Managing Director of the ARB Apex Bank, has asked shareholders of rural and community banks to choose competent persons as Board of Directors to enhance the quality of services being provided by the banks. He…

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…

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…

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…

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…

Barack Obama scolded Wall Street Thursday for a me-first mind-set that fed the financial meltdown - and held up financier Bernie Madoff as exhibit A for greed. "There needs to be a shift in ethics on Wall Street," Obama said as he tapped…

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,…