Ghana to spend $775m on natural gas plant

Ghana intends to spend $775 million on a plant to process natural gas from the Jubilee oil and gas field which was discovered last year, the President’s press secretary, Andrew Awuni has said. The plant, to be built at Atuabo in the…

Ghana election run-off – ballot papers ready

Ballot papers to be used in the December 28 presidential run-off are to be released by the printing firms to the Electoral Commission (EC) on Saturday. The EC said immediately after taking delivery of the papers, it would release the…

Watergate scandal informant dies

Mark Felt, the former FBI official who revealed himself to be Deep Throat, the source that exposed the Nixon-era Watergate scandal, has died. His family says he died at a hospice near his home in California, aged 95. Deep Throat helped…

Bush unveils $17.4bn car bail-out

The US government will provide $17.4bn (£11.6bn) in loans to troubled carmakers GM, Chrysler and Ford. President George W Bush said allowing the US car industry to fail would not be "a responsible course of action". Carmakers will get…

The insurance industry and Ghana’s economy

Protection against the risks associated with everyday life is essential to everyone's well­being and peace of mind. Insurable risks surround you in all walks of life, in some ways that you may be aware of and others that you may not be,…

Climate change endangers global chocolate supply

Scientists say that as climate change increases, the world’s chocolate supply could start to run low. Chocolate is made from the seeds of the cocoa tree and in recent years demand has risen worldwide. But diseases destroy a third of the…

Can wounded banks be nursed back to health?

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…

US Visa application made easy

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…

One billion people face hunger – WFP

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…