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Ghana needs effective laws to protect oil – Minister

Mr. Samuel Ofosu Ampofo, Eastern Regional Minister, has advocated the formulation of good policies and enactment of effective laws to protect the country’s oil find. He also called for the training of Ghanaians in technical skills to enable them to take up jobs in the oil and gas industry. Mr. …

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Vodafone Ghana launches charity foundation

Management of Vodafone Ghana Limited, a telecommunication service provider, on Tuesday in Accra launched a Vodafone Ghana Foundation. It is aimed at supporting projects that seek to address challenges facing communities in the country and to empower the people to be self-reliant. The foundation, which adds up to existing 25 …

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Construction of Awoshie-Pokuase road to commence soon

Parliament on Monday announced that the 80.35 million dollars loan from the African Development Fund to Ghana would be used to finance the construction of Awoshie-Pokuase road. The loan would be paid within a period of 30 years. Mr Joe Gidisu, Minister of Roads and Highways, said the project, which …

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Activities of Fulani herdsmen said to be security threat

Ghana Network for Peace Building (GHANEP), has identified activities of Fulani herdsmen as the most serious security threat to Northern Region and Ghana in general. Mr. Justin Bayor, National Coordinator of the group, who announced this in Tamale on Tuesday, called on government to ensure that the security agencies take …

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Ghana seeks the assistance of Trinidad and Tobago in oil industry

Dr Joseph Oteng-Adjei, Minister of Energy on Tuesday expressed government’s willingness to tap into the experiences of Trinidad and Tobago to build a strong and vibrant financial sector to support the oil industry. Speaking at a meeting with a delegation of bankers from the Republic Bank of Trinidad and Tobago, …

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Stakeholders discuss Single Spine Salary

The Fair Wages and Salaries Commission (FWSC), said on Tuesday that it was actively engaged in further negotiations with all stakeholders for a successful take-off of the Single Spine Pay Policy (SSPP) in July. Mr. George Graham, Chief Executive Officer of the FWSC, therefore assured the leadership and members of …

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Ghana’s mining sector to see consistent growth

Ghana’s mining sector holds promise for growth. The sector holds great potential, the first quarter 2010 Ghana Mining Report by the research firm, Research and Markets has said. The political stability in the country and the clear regulatory standards governing the industry have been noted as factors that would engender …

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IPS to become university soon

The Institute of Professional Studies (IPS), one of the leading public institutions that train accounting professionals will become a university soon. When that happens, it will be known as University of Professional Studies (UPS). The Rector of the Institute, Prof. Joshua Alabi who revealed this when the management of the …

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Ghana's Most Respected Company and CEO Awards 2010 launched

Ghana’s Most Respected Company and CEO Awards 2010, which aim at encouraging executives to address corporate governance and leadership issues in their organisations, was launched in Accra on Tuesday. Instituted by PriceWaterHouseCoopers (PwC), an accounting firm, and the Business and Financial Times newspaper, the awards are to serve as the …

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Switzerland to support Ghana’s electricity sector with $12m

The government of Switzerland is supporting Ghana’s electricity sector with a $12 million grant. In a press release issued by the Swiss Embassy in Accra and copied to ghanabusinessnews.com Tuesday March 2, 2010, it said governments of the two countries have completed the procedures for the implementation of a “$12 …

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