2008

About 1,200 workers working on the Bui Hydro Power Dam in the Brong Ahafo Region of Ghana have embarked on a demonstration Thursday morning December 18, 2008. Speaking to Asempa News in an interview, some aggrieved workers complained of…

Mining in Ghana has been going on for over 100 years now. And 100 years of any business venture is long enough to show visible signs of progress and understandably positive returns, both economically and socially. But whatever benefits…

U.S. crude hovered near $40 a barrel on Thursday, around its lowest price since July 2004, amid doubts in OPEC's ability to curb output quickly after the group announced record production cuts. Oil is $107 off its July peak, shedding value…

Yahoo said Wednesday that it would limit to 90 days the time it holds some personally identifiable information related to searches to address growing concerns from privacy advocates, policy makers and government regulators. Yahoo’s new…

Chrysler is closing all its North American manufacturing plants for at least a month, the starkest move yet taken by U.S. automakers as they anxiously await word about government loans. The shutdown comes as The Wall Street Journal…

Regency Alliance Insurance Ltd., Ghana, an affiliate of Regency Insurance Plc, Nigeria, has launched its insurance software called the “Inspack” that integrates the company’s insurance packages to its customers and also offers integrated…

In the most sweeping changes to credit cards in decades, regulators are expected to release a rule Thursday that would crack down on so-called unfair and deceptive practices by card issuers, such as raising interest rates on existing debt.…

The anti-pair trawling task force, made up of the Ghana Navy and Air Force, has arrested two fishing vessels pair-trawling off the coast of Dutch Komenda in the Western Region. They were arrested on the dawn of Wednesday, less than…

Eighty-nine pensioners of the Ghana Commercial Bank (GCB) have sued the bank at the Fast Track High Court over their pension payments. The pensioners are also praying the court for a declaration that they are entitled to the payment of…

Some fishermen along Ghana’s coastline have downplayed the level of impact government’s “late” intervention to deal with pair trawling in the run-up to the December 28 run-off would have on them. The fisher-folks condemned the government…