Archive for the ‘Business News’ Category

News Headlines

November 30, 2009 Leave a comment

View of the Day: Oil prices are too high >>>

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 >>>

Rwanda Admitted To Commonwealth >>>

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 >>>


Xciting renewal on its way

November 28, 2009 Leave a comment

Xfm 95.1 NewsCenter will undergo an image surgery soon. The Beta version of the new news portal is already in operation and we will soon open it up to you for a more Xciting and enjoyable news and information experience.

SSNIT Exits Non Performing Investments

November 24, 2009 Leave a comment

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.

Read more…

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Ecobank Ghana Launches Contact Centre

November 24, 2009 Leave a comment

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.

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Boost For Coffee Production

November 24, 2009 Leave a comment

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.

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Samsung Unveils World’s Slimmest LED TVs

November 24, 2009 Leave a comment

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.

Read more…

National Food And Agric Show Opens On Sunday

November 24, 2009 Leave a comment


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. Read more…