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German club Schalke 04 are not set to buy Laryea Kingston afterall. The Ghanaian midfielder is currently on the books of SPL side Hearts, where he has been for the last two years. According to Schalke chairman, Clemens Tonnies his club…

Shares in Tullow Oil fell over 5 percent in late afternoon trade, as dealers noted vague talk the explorer could launch a share placing on Wednesday. Tullow Oil will issue a trading statement and operational update on Wednesday, and…

My fellow citizens: I stand here today humbled by the task before us, grateful for the trust you have bestowed, mindful of the sacrifices borne by our ancestors. I thank President Bush for his service to our nation, as well as the…

Stepping into history, Barack Hussein Obama grasped the reins of power as America's first black president on Tuesday, saying the nation must choose "hope over fear, unity of purpose over conflict and discord" to overcome the worst economic…

Tullow Oil has confirmed strong oil flows from its deepwater Jubilee discoveryoffshore Ghana. The announcement Monday of successful appraisal at the Hyedua-2 well on the Jubilee field comes as the UK independent is locked in talks with…

Total funds in Epack's investment portfolio, a mutual fund managed by Databank Group, reached GH¢108.63 million in June last year. The figure represents an increase of 91.13 percent from its level in the same period in 2007. The fund's…

The Ghana National Chamber of Commerce and Industry (GNCCI) has proposed to government to consider urgent measures that will ensure macroeconomic stability. This is expected to be presented to government and forms part of the input into…

The Governor of the Bank of Ghana, has not resigned from his post and neither is he on leave as earlier reported by sections of the Ghanaian media. Dr. Paul Acquah is said to be at post this morning January 20, 2009. Esi Hammond, Public…

Information reaching ghanabusinessnews.com indicate that Tullow Oil has gone to the International Finance Corporation (IFC) for $115 million in corporate debt to back the Jubilee field development in Ghana. Attempts by…

An international communications expert, Mr. Robert Goldie has called on hoteliers to esteem the culture of maintenance, as a way of developing the tourism industry. Mr. Goldie, the West African Regional Head of Avaya Intelligent…