2008

A common reality for those in Africa, Asia, South America and many other regions of the so-called developing world is sex tourism. Recently, I met a man from Texas. He is in Ghana working in the oil industry. He is approximately fifty-five…

Ghana is seeking to extend her coastal line in order to explore opportunities for more oil resources and other economic gains.About eight billion barrels of oil, according to the International Sea Bed Authority Report in 2000, could be…

Shareholders of the Ahafo-Ano Premier Rural bank based in Kumasi are appealing to the Governor of the Bank of Ghana to intervene to save the bank from the "incompetent" hands of its management team. The shareholders are blaming the interim…

One major issue that is set to take center stage on the floor of Parliament is the controversial sale of 70 per cent shares of Volta Aluminum Company (VALCO) to International Aluminum Company. Both the Constitutional and Legal Affairs…

Kuwaiti mobile operator Zain launched a hi-tech 3.5G network in Ghana on Monday December 15, 2008 in the latest step in its plans to become one of the world's top 10 operators by 2011, the head of its African operations said. Zain, which…

According to ComputerWorld, Microsoft has confirmed a new security bug in Internet Explorer that lets hackers exploit this vulnerability to attack computers running the famous navigator of Redmond. It is also seen that, the bug is found in…

Some of the world's biggest banks have revealed they are victims of an alleged fraud which has lost $50bn (£33bn). Bernard Madoff, who was arrested on Thursday, has been charged with fraud in what is being described as one of the…

Modern Times Group MTG AB (publ.) (‘MTG’ or ‘the Group’), the international entertainment broadcasting group, today announced that it has launched a national terrestrial TV channel in Ghana in West Africa. The new channel is called Viasat1…

Some Ghanaians are complaining that Christmas gift-giving will be undermined by campaign spending for the December 28 presidential runoff election. Since the initial December 7 vote, huge amounts of contributions have been pouring into…

The racial gap in colon cancer death rates is widening, a new report says, and experts partly blame blacks' lower screening rates and poor access to quality care. Colon and rectal cancer death rates are now nearly 50 percent higher in…