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It has now been confirmed that the Inspector General of Police (IGP) has indeed been sacked, by President Mills. Ghanabusinessnews.com can confirm that the IGP, Mr. Patrick Kwarteng Acheampong and the Chief of Defence Staff  (CDS) Lt.…

President Barack Obama took aim Monday at the lofty but long elusive goal of making the nation more energy independent, ordering reviews that could lead to tougher auto emission standards in states and higher pressure on automakers to…

According to a news report on Joy FM, monitored by ghanabusinessnews.com, the Inspector General of Police (IGP), Mr. Patrick Acheampong has been asked to proceed on leave. Unconfirmed reports say, the order was given today, January 26,…

The former Managing Director of Barclays Bank Ghana, Margaret Mwanakatwe, is said to have joined the United Bank for Africa (UBA). Joy Business sources say Mrs Mwanakatwe, an astute banker and financial analyst, assumed her new post with…

The Tullow share price fell by 10 per cent to €6.80 this week following the placing of 67 million new shares. However, with a huge increase in its reserves and its banking facilities in place, Tullow is well-placed to benefit from any…

Nigeria’s benchmark stock index, the world’s worst-performing equity gauge in dollar terms so far this year, is likely to end 2009 lower by 8 percent to 44 percent on the slide in oil prices, Renaissance Capital said. “We are broadly…

Just because the issue of food prices has not been in the headlines recently it has not gone away. Although prices have fallen from the highs recorded during the unprecedented spike at the beginning of 2008, they have not fallen back to…

Former President Jerry Rawlings has rubbished the ex-gratia awards for ex-presidents and former public officials that have been approved by the country’s Parliament. The awards were approved a day before the Kufuor administration handed…

The Ghana Stock Exchange (GSE) would complete its Wide Area Network (WAN) in February and traders can start trading from their offices. This development would make trading easier for businesses. A Citi Business News bulletin monitored by…

One of Ghana’s private TV stations, TV3 is set to make history as the first private broadcaster to go public when the station floats shares at the Ghana Stock Exchange. The company has received approval to float its Initial Public Offer…