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Monthly Archives: July 2012
Aubynn Favours Mining Fund
Dr. Toni Aubynn, Chief Executive Officer (CEO) of the Ghana Chamber of Mines, has called for a special fund from mining revenues for communities and national development. He said the current practice whereby contributions from mining are kept in the consolidated … Continue reading
Posted in Local News
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Traders Threaten Protest
Traders in the retail sector have given government a week’s ultimatum to fulfill its promise of flushing out foreigners from the local markets or face their wrath. They noted that if government fails to remove the foreigners from the markets, … Continue reading
Posted in Local News
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West Africa Receives Highest FDI
Foreign Direct Investment (FDI) flow into Sub-Saharan Africa shot to a record high of $35.0 billion in 2011 from the $27.4 billion posted in 2010. Out of this, West Africa received a 46 per cent. According to the Economics & … Continue reading
Posted in International Business
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Ghana And The Vexing China Question
Ghana’s diplomatic relations withChinahit the fifty year mark on the 5th of July, 2010. Of all the countries that the Chinese Foreign Ministry website lists under theAfricaregion the Ghana-China nexus predates all.Egypt,MoroccoandAlgeria(listed in the North Africa region) are the only … Continue reading
Posted in Special Report
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Petra Trust Sets Precedent
The most important but difficult decision people make in order to increase their chance of comfortable retirement is the selection of a trustee to oversee their Tier 2 and Tier 3 pension investment while they are busy with life. By … Continue reading
Posted in Banking & Finance
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BoG’s Quest To Tame The Dollar
Though the Bank of Ghana (BoG) and the Finance and Economic Planning Ministry have given assurance that they are collaborating fervently to keep the Ghana Cedi firm against the dollar, the situation has not improved. Between 2010 and 2011, the … Continue reading
Posted in Editorial
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Volta Basin Not Ready For Exploration
The Volta Basin is not open for exploration due to limited seismic data on the area, Deputy Minister of Energy, Emmanuel Armah Buah has stated. In 2010, Geological Survey Department (GSD) said studies it had conducted in the basin, which … Continue reading
Posted in Local News
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Star Life Assurance Target Churches
Star Life Assurance Company Limited has initiated an insurance programme to influence churches to get involved in welfare schemes that would be beneficial to all members. As part of the programme, the company is expected to offer professional services and … Continue reading
Posted in Banking & Finance
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PIAC Begs For Funds
Nine months after the establishment of the Public Interest & Accountability Committee (PIAC) under the Petroleum Revenue Management Act 2011, the outfit still has no funds to maintain its operations. None of the 13 members of the committee has been … Continue reading
Posted in Headline 4
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Tax Waiver Abuse Threatens Economy
Members of Parliament (MPs) have raised concerns over the abuse of the country’s tax waiver system by groups and individuals who are granted incentives to facilitate their operations. There seems to be a disjoint between items presented to Parliament for … Continue reading
Posted in Headline 3
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