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FirstRand Ltd.’s First National Bank, South Africa’s third-largest retail bank, may consider starting units in Tanzania, Angola, Uganda and Ghana after getting a license to operate in Zambia. “One of the key strategic focus areas of FNB is…

A Footscray trader claims internet scam artists stole his identity, hacking into his email account to steal money from his friends and family. Footscray Asian Business Association member Hai Pham says the hackers broke into his google…

There are strong indications that foreign-owned insurance companies may soon outnumber indigenous ones. About 12 of the 39 companies doing business in the country have some form of foreign participation. Within the past three years after…

Not so long ago, the Ghana cedi was considered safe to hold as a store of value - and therefore a good instrument for investment. It was even nicknamed 'Kufuor dollar', reflecting its almost consistent one-to-one parity with the US dollar.…

Ten armed robbers, casually dressed, last Saturday morning held the employees of Sethi Brothers Ghana Limited (SBGL) at the Tema Heavy Industrial Area hostage, and took away the company’s two days’ sales, mobile phones and other vital…

The Goil Filling station at Kade at the weekend got burnt when a petrol tanker discharging fuel caught fire. Also burnt was the tanker with registration number GW 1396 Y. The Kade Office of the Ghana National Fire Service (GNFS) is…

The Kade District Magistrate’s Court on Monday sentenced Kate Agyeiwaa, a trader, on her own plea of guilty, to a fine of GH¢ 500 or nine months’ imprisonment in default. Prosecuting, Police Inspector Eric Tetteh told the court presided…

In between sessions at the THISDAY Festival of Ideas, I got a short and interesting interview with Secretary- General Kofi Atta Annan, in his hotel room. Diplomacy at its best: Kofi Annan, who was for eight years the world’s number one…

Another Nigerian bank is set to enter the Ghanaian banking sector soon. The bank, Access Bank received the license to operate from the Bank of Ghana in the country in November 2008, according to a report in the Business Daily, a Nigerian…

West Africa is an unlikely center for the international cocaine trade. It is not a producer of the drug nor is it a consumer, as the vast majority of its people are very poor. Yet a startling 50 tons of cocaine is transported through West…