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A few weeks into commercial production of oil, the Ghana Trades Union Congress (TUC), has raised the red flag over the uncertainty in the legal and institutional framework for the management of the oil revenue. It said proposed laws such…

The Venture Capital Trust Fund (VCTF), has organized its 2010 Road Show programme in Sunyani to sensitise the public about the fund and its eligibility criteria. The programme attracted about 70 business operators and representatives of…

Nexans, a top global cable manufacturer, will scale up its investments in Ghana in readiness to tap the opportunities in the emerging oil industry, Frederic Vincent, Chairman and Chief Executive Officer (CEO) of the company has said. Mr…

Nine Ghanaian hospitality firms were adjudged the best out of 13 award categories at the just ended West African Tourism and Hospitality Awards in Accra. The maiden ceremony is intended to encourage improved standards in the hospitality…

Charles Okah, the brother of Nigerian militant Henry Okah, has been arrested in Lagos on suspicion of aiding two deadly car bombings in the capital, Abuja, security sources say. The attacks on 1 October during celebrations of the 50th…

Mr. Abu Kasanbata, Nadowli District Chief Executive (DCE), has advised farmers not to concentrate on the planting of shea and dawadawa trees but to also undertake mango and cashew projects to better their lots. He said even though shea and…

Oil prices fell below $81 a barrel Monday in Asia as a month-long rally loses momentum amid a strengthening U.S. dollar. Benchmark oil for November delivery was down 50 cents to $80.75 a barrel at midday Singapore time in electronic…

Asian stock markets were mostly lower Monday, but Japanese tech shares were boosted by Google's strong earnings. Oil prices fell below $81 a barrel as a month-long rally lost momentum amid the U.S. dollar rising moderately from recent…

The International Monetary Fund was meeting central bank officials in China Monday to discuss ways to strengthen the global economic recovery, amid mounting fears of a damaging all-out currency war. The People's Bank of China hosted the…

Pledges of tough austerity measures  - and billions in loans from its European neighbors - helped Greece avoid bankruptcy earlier this year. Now the country has turned its attention to its long-term solvency, something foreign investment…