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We publish below unedited a rejoinder to the above titled story which was published on ghanabusinessnews.com. The rejoinder was written by Mr. David M. Pohl, lawyer for Mr. Laolu Saraki.…

Parliament has amended the Clause 5 of the Petroleum Management Bill to allow Ghana to collateralize the country’s oil revenue. Information reaching ghanabusinessnews.com from the floor of Parliament says the amendment was done today…

A group calling itself the Western Sahara Resource Watch (WSRW) says it has asked international banks to stop further funding of Texas-based energy company, Kosmos Energy. According to the group their action is in reaction to Kosmos…

The United Kingdom on Wednesday welcomed the "strong stance" of the Economic Community of West African States (ECOWAS) on the political turmoil in Cote d'Ivoire. The Foreign Secretary, Mr William Hague, said that ECOWAS had "sent a clear…

Six countries from around the world at COP16, the United Nations Climate Change Conference in Cancun, have called for water to be put on the climate agenda, a statement issued after a press conference held by a Water and Climate Coalition…

The Micro-Finance and Small Loans Centre (MASLOC), would begin disbursing loans from Monday, December 13 to traders at the Makola Number Two market in Accra which was gutted by fire about a month ago. The loans which is to assist the…

President John Evans Atta Mills on Wednesday said Government would in no way sway from its commitment to bring development and ensure the better living standards it has promised Ghanaians. The President also praised the development…

Alhaji Issahaku Salia, Upper West Regional Minister has noted that only 12.5 per cent (112 kilometres) of road network in the region is tarred as against a total 995 kilometres of trunk roads and 3,247kilometres of feeder roads. He said…

Parliament on Wednesday adjourned unceremoniously over innumerable amendments on the Petroleum Management Bill. The unusually bulky 61 page Order Paper for the day had 256 amendments which according to Mr Joe Ghartey, New Patriotic Party…

The Paga Air Strip in the Upper East Region is to be rehabilitated to make air transport to the region easier to facilitate business activities. Mr Mark Woyongo, Regional Minister made this known when he led a team of experts from the…