Ghana Business News - The first place for your business news

A fall in commodities prices triggered by the global financial crisis has brought Nigeria’s cocoa trade to a rather slow pace, with farmers refusing to sell at the rates being offered by buyers. Recently, Business Day reported how the…

Ghana’s 2008 elections could be decided by the results of the yet to be held elections in the Tain constituency of the Brong Ahafo region. The elections would be held on January 2, 2009. Announcing the results of 229 constituencies out of…

Business activities in Ghana’s major towns of Kumasi and Tamale all in the northern part of the country and the capital Accra have come to a halt as tension appears to be rising following expectations of announcement of election results.…

The Electoral Commission (EC,) will this afternoon declare the final results of the presidential run-off. As of press time yesterday, the EC had declared 200 constituency results at the Ghana International Press Centre, with the flag…

With the economic downturn affecting every corner of the globe, it is perhaps no surprise that it is likely to affect hi-tech criminals over the next 12 months. In contrast to many ordinary people, hi-tech criminals are likely to see…

US owned Ghana based biofuels company Gold Star Biofuels has signed a contract with Chile firm Energy Partners Chile Ltd (EPC), to produce biofuel for the Chilean company, a press release from EPC has said. Gold Star Biofuels by the…

A Ghanaian graduate student in the US has been found dead in his room, according to a report by The Post, which has been seen by ghanabusinessnews.com. The 35-year-old student, Albert Karikari of Ohio University was found dead from what is…

The US Treasury has unveiled a $6bn (£4.1bn) rescue package for GMAC - General Motors' troubled car loan arm, co-owned by Chrysler's owner, Cerberus. The move - to encourage GMAC to offer funding to would-be vehicle buyers - is the latest…

Northern Patriot in Research and Advocacay (NORPRA), a Civic Organization working to promote social justice and equity, has stressed the need for the winner in the presidential run-off election to honour the pledge to bridge the gap between…

The Social Security and National Insurance Trust (SSNIT) on Monday announced a 16.2 per cent increase in pensions across board and an additional flat amount of GH 4.93 cedis for every SSNIT pensioner. A statement signed by Mr Kwaku Osei…