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Former IBF Welterweight champion, Joshua Clottey may face “Sugar” Shane Mosley or Andre Berto for a shot at a major title in November. The 32-year old has been without a title since a split decision loss to Miguel Cotto last month for…

Business executives are optimistic that the next six months would be good for the operations of their companies, an Association of Ghana Industries (AGI) survey has revealed. About 70 per cent of the 276 company executives, who took part…

Parliament on Wednesday waived a tax element of 2,414,790 Euros on a loan agreement between Ghana, the Netherlands and Fortis Bank for the construction and equipping of a new Winneba District Hospital in the Central Region. Presenting the…

The Supreme Court on Wednesday ordered the Electoral Commission (EC) to re-run elections in six polling stations in the Akwatia Constituency of the Eastern Region. The court in a unanimous decision directed that the ruling of the Koforidua…

The depreciation of the national currency, the Ghana cedi against major currencies of the world such as the US dollar and British pounds has been cited among others as the biggest challenge to businesses in the country. The results of a…

The government of Ghana has given formal approval for the Phase 1 Development Plan of the Jubilee oil field. The approval was given Monday July 13, 2009 - UK-based Tullow Oil has said in a press release copied to ghanabusinessnews.com…

Private equity-backed Kosmos Energy said it had secured a $750 million loan facility to fund the development of its large oil discoveries in Ghana, raising doubts about a planned $3 billion sale of the fields. Kosmos said in a statement on…

Zain Ghana has gone to the International Finance Corporation (IFC) to borrow $160 million to fubd its expansion plans. The Bloomberg news service in a report quoting the IFC, says Zain Ghana will receive a $90 million loan from the IFC, a…

China’s foreign-exchange reserves, the world’s biggest, topped $2 trillion for the first time as the nation’s economic recovery prompted overseas investors to pump money into stocks and property. The reserves rose a record $178 billion in…

More than 50 heads of state from the developing world met in Egypt on Wednesday to tackle the fallout from the global economic meltdown on their nations. Cuban President Raul Castro called for a new world financial order, saying in a…