Ghana Business News - The first place for your business news

The government has finalized arrangements to establish a Natural Gas Processing plant on-shore Atuabo in the Western Region to process the gas that will be produced in association with the crude oil from the Jubilee Oil and Gas Field. A…

South Africa's ruling party leader Jacob Zuma is suing a cartoonist for $712,300 (£464,200) for a controversial drawing of him published in September. In the Sunday Times newspaper cartoon, Jonathan Shapiro draws Mr Zuma about to rape…

Following an application for warrant extensions by Midlands Minerals Corporation, the TSX Venture Exchange has consented to the extension in the expiry date of 3,122,500 share purchase warrants which were issued pursuant to a private…

Barack Obama scolded Wall Street Thursday for a me-first mind-set that fed the financial meltdown - and held up financier Bernie Madoff as exhibit A for greed. "There needs to be a shift in ethics on Wall Street," Obama said as he tapped…

Bernard Madoff's contention that he pulled off one of the biggest financial frauds in history without any help is being met with disbelief by his investors and experts in the securities industry. It normally takes a team of accountants,…

About 1,200 workers working on the Bui Hydro Power Dam in the Brong Ahafo Region of Ghana have embarked on a demonstration Thursday morning December 18, 2008. Speaking to Asempa News in an interview, some aggrieved workers complained of…

Mining in Ghana has been going on for over 100 years now. And 100 years of any business venture is long enough to show visible signs of progress and understandably positive returns, both economically and socially. But whatever benefits…

U.S. crude hovered near $40 a barrel on Thursday, around its lowest price since July 2004, amid doubts in OPEC's ability to curb output quickly after the group announced record production cuts. Oil is $107 off its July peak, shedding value…

Yahoo said Wednesday that it would limit to 90 days the time it holds some personally identifiable information related to searches to address growing concerns from privacy advocates, policy makers and government regulators. Yahoo’s new…

Chrysler is closing all its North American manufacturing plants for at least a month, the starkest move yet taken by U.S. automakers as they anxiously await word about government loans. The shutdown comes as The Wall Street Journal…