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General News

Gov’t asked to equip Armed Forces to defend oilfields

Mr Emmanuel Bombande, Executive Director, West African Network for Peace building (WANEP) on Wednesday called on government to immediately equip the Ghana Navy and the Armed Forces with the necessary training to effectively protect the country’s territorial borders from any form of attack on the oil wells when they become …

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Dry weather could last several days – Meteo warns

The dry weather conditions being experienced in the country could continue for well over a month. Although this harmattan season had not been characterized by severe dryness as had been the case in past seasons, such severity should not be ruled out during the course of the season, the Ghana …

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Cedi continues appreciation against major currencies

The Ghana cedi continued on Wednesday its appreciation against the UK Pound, the Euro and the CFA pushing further down the Gold Coast Securities (GCS)-Cedi Index by 0.21 points. It however depreciated again by 0.19GHp to the US dollar. The cedi gained 2.22GHp against the Pound, 0.48GHp to the Euro …

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Cocoa rebounds on signs of higher U.S. demand, slower exports

Cocoa prices rebounded from a five- week low on signs that demand for chocolate increased in the U.S. and that exports declined from Ivory Coast, the world’s biggest producer of the beans. Cocoa processing in the U.S., the second-biggest grinder behind the Netherlands, rose 1.9 percent to 92,088 metric tons …

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Rock Solid Images begins seismic inversion off Ghana

Rock Solid Images, part of the Offshore Hydrocarbon Mapping (OHM) group, has begun a 940 square kilometer (362 sq mile) rock physics-driven seismic inversion for Kosmos Energy and its partners, covering the Jubilee field offshore Ghana. The inversion will integrate log and core information acquired in the Hyedua-1, Hyedua-2, Mahogany-1, …

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Trust gives start-up capital to graduates

The Sinapi Aba Trust, a financial Non-Governmental Organisation (NGO), has within the last five years trained about 900 youth across the country to acquire various employable skills under its Youth Apprenticeship Programme (YAP). The beneficiaries includes school drop outs, prostitutes and the under-privileged who were trained in batik, tie and …

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BUSAC Fund assists drinking bar operators

Management of Business Advocacy Challenge (BUSAC) Fund has released GH¢9,600 out of an estimated GH¢25,000 to 150 members of Drinking Bar Operators Association in Bekwai Municipality, Amansie Central and Bosome Freho Districts in Ashanti Region for capacity building and advocacy programmes to enhance their businesses. Mr Gabriel Bernakwu, Executive Director …

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Ghana Chamber of Commerce calls for stabilization of economy

The Ghana National Chamber of Commerce and Industry (GNCCI) has proposed to government to consider urgent measures that will ensure macroeconomic stability. This is expected to be presented to government and forms part of the input into the formulation of the 2009 budget and policy statement of the country. Government’s …

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Governor has not resigned – Bank of Ghana

The Governor of the Bank of Ghana, has not resigned from his post and neither is he on leave as earlier reported by sections of the Ghanaian media. Dr. Paul Acquah is said to be at post this morning January 20, 2009. Esi Hammond, Public Affairs Manager of the Central …

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Labour surprised at salary increase

Organised labour Monday January 19, 2009 expressed surprise at the proposed salary increases of between 16.5 and 34 per cent announced by the previous government a day before the current administration was sworn in. Describing its members as the main stakeholders in any salary negotiations, the Ghana Trades Union Congress …

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