Japan to discuss consumption tax

Japan will start discussing tax reform, including consumption tax, in March, Finance Minister Naoto Kan said on Sunday, in a clear sign ever that it will consider a rise in sales tax to deal with a yawning fiscal gap. "I want the…

Kosmos awards seismic reservoir contract to OHM

Texas-based oil and gas company, Kosmos Energy and stakeholder in Ghana’s oil industry has awarded a seismic reservoir characterization study contract to OHM Rock Solid Images. The Rigzone reports that the study will cover the Odum field,…

Ghana stocks fall on SG-SSB, EIC losses

Shares in SG-SSB and Enterprise Insurance fell in Friday's trading to bring down the GSE All-Share Index, the benchmark index of the Ghana Stock Exchange, by 13.53 points to close at 5,613.25 points. Change for the year therefore closed…

Ghana cedi recovers against major currencies

The Ghana cedi on Friday bounced back and ended the week stronger against the major international currencies when it gained to the Euro and the CFA. Even though it remained flat with the US Dollar and fell to the UK Pound, its gains were…

Zain Ghana gets CEO

Mr Nabil Bin Salama has been appointed as the Chief Executive of Zain Group, effective February 14, 2010. A statement copied to the Ghana News Agency in Accra on Friday said the decision was taken based on Mr Salama's professional…