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13:51 Photos: 'One turn for oil, one giant turn for Ghana' -Akufo-Addo commissions 3rd FPSO

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  • No huge cash transfer at Ghana Commercial Bank

    January 8, 2014 5:03 PM 15

    Ghana Commercial Bank (GCB) has denied reports that huge sums of money have been siphoned from its vaults and deposited into private accounts by some individuals. A statement from the bank says deposits made to them by customers are safe, adding that their vaults are secured. The statement from GCB is in reaction to earlier reports that huge sums of money

  • Britain to decide on fourth carbon budget in Q1: Government

    January 8, 2014 2:18 PM 13

    LONDON (Reuters) - Britain will decide whether to alter or stick with an ambitious goal to curb emissions from 2023 to 2027 by the end of the first quarter this year, a government spokeswoman said on Wednesday. The so-called fourth carbon budget has been a subject of debate among some politicians who argue for a weaker emissions cut target to prevent

  • Prime Minister: Ivory Coast’s soaring oil output will rival Ghana

    January 8, 2014 12:23 PM 16

    Ivory Coast Prime Minister Daniel Kablan Duncan said his nation will boost oil production within five years to 200,000 barrels a day, rivaling neighboring Ghana as stability returns to a country racked by a decade of turmoil. The West African nation wants oil companies to increase exploration and drilling offshore after output more than halved to about

  • Is China the best of a bad job?

    January 8, 2014 10:00 AM 10

       Text Size   Published: Tuesday, 7 Jan 2014 | 6:55 PM ET Jefferies has taken a "modestly bearish" call on China, but it expects improving global trade, subdued inflation pressures and ongoing financial reforms will ensure the mainland's equity markets come out ahead of emerging market peers. "Expectations of tightening in U.S. monetary policy, a firmer

  • Azerbaijan seeks to remain GMO-free zone

    January 8, 2014 8:50 AM 20

    Ecologically pure nutrition is a challenge of modern world, but this crucial issue sometimes puts the mankind face to face with many problems, and using genetically modified organisms (GMO) is believed to be the best way out. GMO is obtained through the extraction or artificially forcing of genes from the DNA of one species into the genes of an unrelated

  • Ecobank puts smiles on faces of inmates of two orphanages during the Christmas season

    January 8, 2014 8:33 AM 22

    Ecobank Ghana made inmates of two orphanages happy during the Christmas season by making some donations to them. Inmates of two orphanages, Kinder Paradise located at Prampram and Agape Children’s Orphanage at Frafraha, benefitted from the generosity of the bank. According to the bank, the donations formed part of its corporate social responsibility

  • Exports Affected By Genetically Modified Foods

    January 7, 2014 7:51 PM 12

    The Ghana Export Promotion Authority (GEPA) says the introduction of Genetically Modified crops into the country could hurt its efforts to boost non-traditional exports into the European Union and the other developed countries. “In view of the overwhelming evidence of the EU and Western World’s attitude to GM foods it would be detrimental for Ghana to introduce

  • 5 shocking secrets the health food industry doesn’t want you to know

    January 7, 2014 4:28 PM 13

    How many times have you reached for a diet drink instead of the regular version and felt like you were making a healthy choice? Well according to researchers at the Texas Health Science Center, you’d be wrong. Their study found that people who regularly consume diet soft drinks are 41 per cent more likely to be overweight than people who drink full fat drinks

  • Chocho supports Islamic Girls

    January 7, 2014 4:21 PM 28

    Chocho Industries has presented a GH¢15,000 cheque to Suhum Islamic Girls’ Senior High School at its head office in Suhum. The donation was in support of the re-roofing of some classroom blocks of the Islamic Girls’ School that was ripped off due to a rain storm that hit the area a few weeks ago. The CEO of Chocho Industries, Alhaji Mustapha Oti Boateng

  • Ghanaian textile workers hits the streets over withdrawal of taskforce

    January 7, 2014 1:14 PM 9

    OVER 700 textile workers in Ghana are expected to soon hit the streets of Accra to press home their demand for the reinstatement of the anti-piracy taskforce on textile. The Textile, Garment and Leather Workers Union in December last year embarked on a similar protest to register their displeasure with government’s decision to suspend the work of the taskforce