July 2010

Twenty-one years ago, Li Lu was a student leader of the Tiananmen Square protests. Now a hedge-fund manager, he is in line to become a successor to Warren Buffett at Berkshire Hathaway Inc. Mr. Li, 44 years old, has emerged as a leading…

The Ghanaian-Belgian man who died in Japan last Sunday shortly after arriving from Ghana is suspected to have died from drug overdose, the AFP reports, citing an unnamed diplomatic source. The AFP suggests that the man, 55-year-old Kwadwo…

A five-member committee that investigated the oil spillage at Kosmos Drilling Fields in West Cape Three Points in the Western Region has recommended that the management paid some money to the Government. Dr. Edward Kofi Omane Boamah,…

The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, went up by 2.07 points from 6,386.52 points to 6,388.59 points during Wednesday’s trading on the Accra bourse. The rise was the fourth in succession. The Change…

MTN, a major telecommunication Operator, on Thursday presented a cheque for GH¢30,114.08 towards the refurbishment of the Ghana News Agency (GNA) newsroom to boost the morale of journalists to serve the nation’s information needs. This…

Nana Adusei Atwenewaa Ampem, Omanhene of Tepa Traditional Area, has encouraged Small and Medium Scale Enterprises (SMEs) to form partnerships to enable them to access bank credit to expand their businesses. Such partnerships would also…

The flowering of The African Century, as a material progress scheme, is also an enlightenment struggle. Most African elites have not thought about this despite their cultural obstacles wheeling around them that have asphyxiated their…

Commercial banks in Ghana have tightened credit to small and medium scale businesses, including households and instead are opting for mortgages, according to the Economy Times newspaper. The publication said the decreasing margins on…

The Government of Ghana spent close to 15 million dollars on Ghana’s participation in the just ended 2010 Federation of International Football Association (FIFA) World Cup in South Africa. The amount was spent on the senior national team,…

Ghana is on the verge of losing an opportunity to access funding from the British Council in Accra and the United Nations Children’s Fund (UNICEF), to embark on a school and community sports development. The project, which was to train…