Chinese Sex Workers Invade Wassa Akrpong
Impeccable information reaching Today indicate that some foreign nationals believed to be Chinese commercial sex workers have invaded the Wassa Akropong community, a popular illegal mining...
Tag: economy
Shell Admits Dealing With Money Launderer
Shell has admitted for the first time it dealt with a convicted money-launderer when negotiating access to a vast oil field in Nigeria. It comes after emails were published showing Shell negotiated...
Regulatory Requirements Not Impediments – BoG
Dr. Johnson Asiama says financial institutions should not see regulatory requirements as impediments. According to him, these requirements and guidelines must be embraced to ensure that “we all...
Businesses Advised To Hedge Against Cedi Volatility
An Economist for Global Markets at Stanbic Bank, Mr. Ayomide Mejab, has advised local businesses on the need to hedge against the volatility of the cedi. Speaking in Accra, he said, the cedi, one of...
Chile, China Start Talks To Expand Trade Deal
Chile and China launched negotiations Monday to expand trade ties in the face of protectionist threats from US President Donald Trump. The Chilean government said officials in Beijing had started...
Yellen Warns Fed’s Independence Under Threat
The US central bank's shield from political interference is "under some threat" from Congress, a prospect that could erode progress in the economy, Federal Reserve chief Janet Yellen warned Monday....
New Local Government Service Boss Promises Efficiency
The newly appointed Head of Service at the Local Government Service (LGS), Nana Ato Arthur, has pledged a world-class decentralized and client-oriented local government service. Speaking at a press...
Watchdogs Allege Shell Knew About Nigeria Oil Kickbacks
Corruption watchdogs alleged Monday that Shell executives knew that money earmarked for a controversial oil deal was being used to bribe senior Nigerian officials, a claim rebuffed by the petroleum...
Chinese Tech Firm LeEco Ends Bid To Buy TV Maker Vizio
Cash-strapped Chinese tech firm LeEco on Monday abandoned its effort to buy US television maker Vizio, citing "regulatory headwinds." Tech giant LeEco led by billionaire Jia Yueting last year...
United Passenger Dragged Off Overbooked Flight
United Airlines found itself in the middle of a social media storm on Monday, after the US carrier forcefully removed a passenger from a flight due to overbooking. The airline said it had asked for...
Five Dead In Mining Pit In Talensi
At least five small scale miners have been confirmed dead at Gbane mining site in the Talensi district of the Upper East Region. The five met their untimely death when they were mining underground...
Promoting Nationwide Wealth Through Local Economic Development
Shear Power Ventures, in partnership with the REP and NBSSI, is promoting equitable distribution of wealth in Ghana’s districts through proper implementation of the Local Economic Development (LED)...
Wells Fargo Claws Back Another $75 Mn From Former Executives
Wells Fargo took back another $75 million in pay from two former executives who played key roles in the bank's fake accounts scandal, the bank announced Monday. The US banking giant said it demanded...
India’s Flipkart Raises $1.4 Bn From Microsoft, EBay, Tencent
India's top e-commerce company Flipkart announced Monday it had raised $1.4 billion in a record funding round that shores up the online retail giant in its fight against Amazon. Flipkart said it was...
AMERI Deal Is Rip-Off
Bright Simons, a brilliant social innovator and researcher, has revealed that the contract signed between the Mahama-led National Democratic Congress (NDC) government and the Middle East Resources...
GRA Boss Reposes Confidence In Single Window
The new Commissioner-General of Ghana Revenue Authority (GRA), Mr Kofi Nti, has expressed confidence in having a paperless system under the Ghana National Single Window (GNSW) project that will help...
Minerals Commission, Solidaridad Sign MoU
Minerals Commission has signed a Memorandum of Understanding (MoU) with the Solidaridad West Africa to promote responsible mining practices in small-scale gold mines. The MoU is to formalise an...
FNB Forecasts 4.5% Economic Growth Lower Than Government’s Projection
First National Bank has said the Ghanaian economy is not likely to expand as much as the government expects, pegging its economic growth projection for the year at 4.5percent, as against...
FPSO John Agyekum Kufuor Arrives In Country’s Waters
The new Floating Production Storage and Offloading (FPSO) vessel, John Agyekum Kufuor, has safely arrived in the country’s waters. It is currently being moored on top of wells at the Tano Basin...
Ghana Amongst Countries With High Cost of Remitting Money-Report
A new report published by the International Organization for Migration (IOM) has shown that Ghana is amongst the countries in Sub Sahara African with the highest cost of remitting money back home....