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Electronic banking to transform industry >>>

Africa: Is Continent’s Land Up for Grabs? >>>

Somali pirates seize super tanker >>>

“President won’t renege on promises” >>>

Dubai says not responsible for Dubai World debt >>>

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World Soccer Celebrities Arrive For 2010 Draw >>>

Student Nurses Threaten To Go Naked >>>

Woods hits out at ‘false rumours’ >>>

BP said to battle ExxonMobil over Ghana’s Jubilee oil field  >>>

Alleged Mobila murderers: We’re scapegoats >>>

Nigerian Oil Ship Detained At Tema Port >>>

“Some Newspapers Won’t Sell Without Rawlings” >>>

Kumasi Pastors In Juju Drama >>>

Illegal mining deprives state of revenue >>>

Soldiers rape report out >>>

Latest Barclays Premier League Log >>>

Barclays Premier League Results >>>

Private Universities lauded >>>

Dubai banks given extra liquidity >>>

Tiger Woods: Wife Elin ‘Acted Courageously’ >>>

Swiss voters back ban on minarets >>>

Ghana Premier League Log >>>

Latest Ghana Premier League Results >>>

Castle Boys Fight Over Cash >>>

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SSNIT Exits Non Performing Investments

THE management of the Social Security and National Insurance Trust (SSNIT) has announced its decision to exit some of its investments that are not performing to expectation.

Though SSNIT recorded growth in its total investment portfolio, it observed that some of its essential investments in some distressed unlisted companies in various sectors of the economy were not performing.

Ecobank Ghana Launches Contact Centre

ECOBANK GHANA’s quest to offer convenient electronic services to its valued clients through internet banking, e-statement and e-alert, among others on Tuesday enjoyed another boost when the bank launched its Contact Centre in Accra.

Samuel Ashitey Adjei, Managing Director of Ecobank Ghana, in a pre-launch speech, said technological advancement and globalization demand effective channels of communication between any world class institution such as Ecobank and its clientele; hence, the introduction of the 24/7 world class centre that is equipped with state-of-the-art technology.

Boost For Coffee Production

The Chief Executive Officer of Ghana Cocoa Board, Tony Fofie, has stated that coffee is next to oil in international commodity trade and represents the world’s most valuable tropical agricultural commodity.

Yet, its development has lagged behind cocoa and has generally been grown on small holdings scattered throughout the cocoa-growing areas.

In view of this, there is the need for farmers and the government to consider investing more in the production of coffee as in the case of cocoa.

Samsung Unveils World’s Slimmest LED TVs

The landscape of the electronics market in Ghana is set to experience a mega revolution after Samsung Electronics, a leading player in the global flat panel display market, finally unveiled its latest innovation-the Samsung LED TV, the world’s slimmest LED TV in Accra last Friday at a high profile red carpet event that was attended by consumers, dealers and the media.

This milestone achievement will further put the fast selling brand as a top performance, high quality, innovative and vision oriented company in the minds of consumers around the world.

National Food And Agric Show Opens On Sunday

 

Ms. Alberta Nana Akyaa Akosa

The Grand National Food and Agric Show, which will showcase and sell agricultural products, farm produce, equipments and machinery, will kick-off at the Efua Sutherland Children’s Park on Sunday, November 29, 2009.

 

The five-day show will display Ghanaian traditional foods from all the 10 regions on a daily basis.

There will be a free food sampling to promote indigenous Ghanaian foods as highly nutritious and healthy.

Over 150 exhibitors from diverse agricultural   disciplines, manufacturers and equipment dealers are expected to attend the fair.

Resource persons from the Ghana Standard Board, YARA, Myroc and MiDA will hold free seminars on topics such as Food Safety, Farmers Financial Freedom, Agro Trade, Modern Methods of Farming, Rabbit and Grasscutter Rearing.

First National Bank Opens 20th Branch

FIRST NATIONAL Savings and Loans Company Limited has officially opened a new branch in Sunyani in the Brong Ahafo Region to add up to its numerous branches in the country.

The company, which currently has 42,677 customers, has disbursed a total of GH 23.97 million as loans so far to its clients within three years of operations in the country.

Air Namibia starts direct flights from Accra

Air Namibia-Ghana, has commenced direct flights from Accra to Johannesburg, South Africa and Windhoek, Namibia.

The flights, the first of which commenced on Saturday, November 21, 2009, would fly five times a week.

Ghana 2010 budget statement : Thoughts

On Wednesday, November 18, 2009, the Minister of Finance and Economic Planning, Dr. Kwabena Duffuor, presented the 2010 Budget Statement to Parliament.

In the following discussion, I wish to share my thoughts on some of the issues raised in the statement. May I however begin by stating that projections are projections, whilst actuals are actuals. Projections would not necessarily materialize, especially when words are not deeds.

Cocoa,palm plantations thrive very well

Cocoa and palm plantations thrive very well in rehabilitated mining areas, Mr. James Badu, Environmental Manager of AngloGold Ashanti, Iduapriem Mines has said.

He said: “All is not lost with mine out areas as most people perceive,” and noted that even plants  in mine out areas sometimes grow better because of the minerals released into the soil as a result of previous mining activity.

Ghana Signs novel Timber deal with Eu

Ghana has signed a voluntary partnership agreement with the European Union that will allow only legally harvested timber from the country to be exported to the European market.

The agreement which was signed last Friday November 20, 2009 in Brussels makes Ghana the first country to sign a voluntary agreement with the EU. Nana Bema Kumi, Ghana’s Head of Mission to the EU signed on behalf of the country while Environment Commissioner Stavros Dimas and Swedish Agriculture Minister Eskil Erlandsson signed on behalf of the EU Presidency.

Budget Targets Growth

Kwabena Duffour

He said, “Growth and Stability epitomizes the National Democratic Congress (NDC) Government’ resolve to grow the Ghanaian economy in a sustainable manner to achieve middle-income status in an environment of stability and hope for Ghanaians.”

“I would like to assure fellow Ghanaians that our foundation is much better than it was in 2008. To achieve the budget goals, we intend to broaden economic opportunities for all by significantly reducing youth unemployment and poverty and deal comprehensively with regional imbalances,” he stressed.

Budget Targets Growth

 

Dr Kwabena Duffuor

Finance and Economic Planning Minister, Dr. Kwabena Duffuor says the 2010 budget released yesterday is targeted at growth and stability.

Minister Visits Jubilee Field Contractors

The Minister of Energy, Dr. Joe Oteng-Adjei has visited three of the yards involved in the construction of the Jubilee Field Offshore Floating Production, Storage and Offloading vessel (FPSO) in Singapore.

‘Insist On VAT Invoice’

Ghanaians have been urged to insist on VAT invoice from registered agents any time they transact businesses with them. The call is part of a campaign by the Value Added Tax (VAT) Service to improve revenue collection through voluntary compliance.

Ghana to boost Coffee Production

The Chief Executive Officer of Ghana Cocoa Board, Tony Fofie has stated that coffee is next to oil in international Commodity trade and represents the world’s most valuable tropical agricultural commodity. Yet its development has lagged behind cocoa and has generally been grown on small holdings scattered throughout the cocoa growing areas.

7500 bags of Cocoa locked up in 54 Communities

About seven thousand five hundred bags of Cocoa purchased by the various Cocoa Buying Companies in the Asunafo North and South Districts have been locked up in fifty-four communities following the rainfall which has rendered the thirty-eight kilometer road linking new Sawereso-Asumwura-Akrodea unmortorable.  

Minister visits oil vessel construction site

A delegation led by the Minister of Energy, Dr. Joseph Oteng-Adjei, has visited three of the yards involved with the construction of the Jubilee Field Offshore Floating Production, Storage and Offloading vessel (FPSO) in Singapore, according to a statement released in Accra on Wednesday by Tullow Ghana Limited.

Pan African Trade Fair Opens

 

Lydia Yahaya

The much talked about first Pan African Trade Fair and Investment conference has begun in a grand style at the Accra International Conference Centre.