August 2010

Intel Corp. agreed to buy the wireless unit of Germany's Infineon Technologies AG  for $1.4 billion (EUR1.1 billion) in cash, both companies said Monday. With the deal, Intel, the world's largest semiconductor company, significantly…

A seventy-four-year-old executive committee member of the True Faith Church at Kwahu Praso, Mr Isaac Ofori Koranteng, on Friday urged the government to provide adequate security to protect the country’s oil from being smuggled under the sea…

The Chartered Institute of Bankers (CIB), on Monday organized a four-day workshop in Accra, on letters of credit, to build the capacity of bankers and stakeholders in the oil and gas industry. The workshop is to ensure that participants…

A Nigerian court set a 500 million naira bail on the former head of Intercontinental Bank who faces charges of mismanaging the lender in the run-up to last year's $4 billion sector-wide bailout. The figure is five times the amount set for…

There appears to be a gradual but ominous attempt to turn Africa into the production centre of some selected food crops and non-food crops for the production of biofuels to feed industry and vehicles in Europe. A recent detailed report…

The Paramount Chief of the Bolgatanga Traditional Area, Naba Martin Adongo Abilba III has called on government to consider a pragmatic programme designed to factor in an effective water transport system to northern Ghana, under the Savannah…

The Ghana government has secured a loan of $115 million for the electrification project that will extend the national grid to the Upper East region, the Regional minister has said. Mr. Mark Woyongo, disclosed that the work would soon…

Professor Haruna Yakubu, the new Vice Chancellor of the University for Development Studies (UDS), has urged budding young scientists in the country to identify problems in their communities and strive to find solutions to them. He said it…

Local textiles are of good quality as the foreign ones, Mr Paul Ambenne, Head of Business Development of Cleaning Solutions Limited has said. He said people needed to only use the right type of soap or detergents to wash their locally…

Tourists at this year’s Kente Festival (Agbamevorza) of the chiefs and people of Agotime Traditional Area, are likely to get quality Kente cloths at very moderate prices. This is to give local and foreign tourists the opportunity to taste…