July 2009

Bonuses paid to executives at nine banks that received U.S. government bailout money in 2008 were greater than net income at some of the banks, the office of New York Attorney General Andrew Cuomo said on Thursday. Cuomo, in a report on…

Oil prices surged above $66 a barrel Thursday, rising in lockstep with major global indexes in what has become a very volatile week for energy markets. With regulators meeting in Washington to consider new limits on speculators that some…

Kasapa Telecom Limited on Thursday signed onto the Ghana Business Code (GHBC) becoming the only telecommunication service provider to do so since the set of rules to guide ethical business practice and corporate social responsibility was…

Mr Kofi Mbiah, Chief Executive Officer of the Ghana Shipper’s Council, has urged journalists, particularly those in the Western Region, to specialize in particular fields of study so they can feed the public with more informative stories.…

Mr Samuel Ofosu-Ampofo, Eastern Regional Minister, on Thursday expressed worry about the misuse of funds in the Metropolitan, Municipal and District Assemblies (MMDA’s). He said; “Funds meant for development with the intention of…

Mr Yaw Boadu Ayeboafo, General Manager Newspapers, Graphic Communications Group Limited, on Thursday singled out the Ghana News Agency (GNA) as the most abused source of news by other media houses, both local and foreign. He said many…

A symposium organised by the Editors Forum, Ghana (EFG) today highlighted the myriad of copyright law offenses in Ghana’s media landscape. In a keynote address, the Attorney-General and Minister for Justice stressed on the importance of…

The Executive Board of the International Monetary Fund (IMF) has approved measures to sharply increase resources to low-income countries in response to the global economic crisis. The measures described as unprecedented were announced in…

A Ghanaian man is wanted by the Kitty Hawk police in Dare County, North Carolina, USA for alleged identity theft. The man, 27-year-old Stephen Okyere Budu is wanted for allegedly involving in at least a dozen cases of identity theft and…

President John Atta Mills has said the government would re-possess all the large tracts of land that had been acquired by foreigners within the catchments area of the oil discovery. “These foreigners, in anticipation of the profits and…