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Thu 11 Mar 2010

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Lay-offs galore in top industries
Thursday, 11 March 2010 09:00
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Nana Owusu Afari, President of Association of Ghana Industries
From lawyers in Paris to factory workers in China and bodyguards in Colombia, the ranks of the jobless are swelling rapidly across the globe.

Many
 
Kosmos withholds Jubilee sale, goes into drilling
Thursday, 11 March 2010 09:00
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Kosmos Energy has withheld the sale of its 30 percent stake in Jubilee Oilfield. For the first time in its history the energy firm is venturing into the drilling of oil after so many years of exclusively exploring the commodity, sources close to the company have disclosed to BUSINESS GUIDE.

This
 
Mexico's Carlos Slim overtakes Gates in world rich list
Thursday, 11 March 2010 09:00
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Carlos Slim ended America's 16-year reign on the Rich List
Mexican telecom giant Carlos Slim has topped Forbes magazine's billionaire's list - the first time since 1994 that an American has not led the rankings.

Mr
 
Fire officer asks government to protect oil fields
Thursday, 11 March 2010 09:00
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Divisional Officer 1 Anthony Donkor of the Cape Coast office of the Ghana National Fire Service, on Wednesday called on the government to provide well equipped fire stations to protect the fledgling oil industry.

He
 
Civil servants kick against implementation of single spine salary structure
Thursday, 11 March 2010 09:00
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Civil servants say the single spine salary structure



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Civil servants have warned they will resist the implementation of the Single Spine Salary Structure in its current form.

They
 
Citylink unfazed by Newmont, Goldfields contract abrogation
Thursday, 11 March 2010 09:00
Internal flight operator, Citylink says the safety concerns raised by an aviation audit that led to the suspension of its contract with two mining firms do not indict its safety records.

Mining giants Goldfields Ghana and Newmont last week suspended their multi-million Ghana cedi contract with Citylink to fly their staff, logistical supplies and gold to and from their sites.
 
AGI wants business environment improved
Thursday, 11 March 2010 09:00
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Nana Owusu Afari, AGI President
The Association of Ghana Industries has asked the government to act swiftly to stem the country's downward slide as an investment destination.
 
GHANA COTTON COMPANY ON VERGE OF COLLAPSE… Workers salaries in arrears for months, can`t fuel coy vehicles,/i>
Thursday, 11 March 2010 09:00
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Almost four hundred workers of the Ghana Cotton Company Limited (GCCL) may be rendered jobless within the shortest possible time, as the company, which is one of the major sources of raw material to the textiles industry in Ghana, faces imminent collapse.
 
Inflation for February drops to 14.23%
Thursday, 11 March 2010 09:00
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Ghana cedi gaining strength
Inflation for February is 14.22 percent. This represents a 0.55-percentage points drop over January's figure of 14.78 percent.

This is the second drop since January and eighth since June last year.
 
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