2008

The Export Development and Investment Fund (EDIF) has given a lifeline to the Volta Star Textiles Limited (VSTL) by injecting three million Ghana cedis to enable the company kick-start operations for the next three months. The money will…

Officials of the Customs, Excise and Preventive Service (CEPS), at the Aflao border, have intercepted a Nigerian-registered Terano Jeep concealed with a quantity of arms and ammunitions, being allegedly smuggled from Ghana to Nigerian.…

Around 4 a.m. on Monday, a prominent hedge fund manager who apparently had lost $1.4 billion with Bernard L. Madoff, telephoned a longtime client in Paris, sounding upset. Journalists gathered on Tuesday at the Madison Avenue office…

Improved production and good cost control as well as progress made in various projects at Gold Fields would make a difference to the future profile of the gold producing company. "We are well placed to restoring Gold Fields' production…

Standard Chartered Bank emerged the Top Foreign Exchange Bank for Africa in Global Finance magazine's annual awards. Winners are nominated by Global Finance editors, industry analysts, corporate executives and technology experts based on…

Barely three days to celebrate Christmas, traders at the Tema Community One market have complained about low patronage of their wares. Most of them were either calling for the attention of customers or relaxing behind their wares blaming…

A Dutch academic hospital has admitted it has the head of a 19th century Asante king in its possession. When the story broke in October 2008, the Leiden University Medical Center (LUMC) refused to comment. Reports in the media said the…

Hopes of future oil prosperity have given a lift to Ghana's presidential election race, but drug trafficking threatens to spoil the West African country's image with the stain of corruption. During the heated election contest, to be…

Professor Akilagpa Sawyerr, former Chairman, Volta Aluminium Company (VALCO) Agreement Negotiation Committee, has added his voice to calls on Parliament not to rush the passage of the Aluminium Authority and Integrated Aluminium Industry…

Within hours of the death of the authoritarian President Lansana Conté, a hitherto unknown military-led group said it seized power in the West African state of Guinea on Tuesday, suspending the Constitution and government, according to…