January 2009

Many damaging effects of climate change are already basically irreversible, researchers declared Monday, warning that even if carbon emissions can somehow be halted temperatures around the globe will remain high until at least the year…

Ghana is ranked at 102 0ut of 134 countries in the Global Competitiveness Report for 2008, in spite of the fact that labour cost in the country is low.  And businesses in the country are considered ‘factor driven’ rather than technology…

The people of Asunafo North Municipality, have protested against plans by Keengan Company Limited, a mining group in Kumasi, to mine gold in the area. The communities to be affected by such activity include Fianko Nfama, Subriso,…

One of Ghana’s suave and arguably most successful businessman and football administrator recently caused a stir in the country when he announced his intention to enter party politics. The news hit some people as a surprise, but for those…

There is a common saying that goes, "Don't judge a book by its cover". Some valid words of wisdom for investors could be, "Don't judge a stock or share by its current price movement". Despite several cautions against hasty decisions, many…

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…