Business

BP Spreads Blame Over Oil Spill PDF Print E-mail

Eleven people were killed and 17 people were injured in the explosion
Eleven people were killed and 17 people were injured in the explosion
A "sequence of failures involving a number of different parties" was to blame for the Deepwater Horizon oil spill in the Gulf of Mexico, BP says.
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Enough Funds To Back SSPP - Minister Assures PDF Print E-mail

Mr Seth Terkpeh ,Deputy Minister of Finance and Economic Planning.
Mr Seth Terkpeh ,Deputy Minister of Finance and Economic Planning.
The government says it has made adequate budgetary provisions to ensure the sustenance of the Single Spine Pay Policy (SSPP).

A
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Actis acquires Vlisco Group PDF Print E-mail

Emerging market private equity firm pays US$151m for 100% control of Vlisco Group

Accra, 8 September 2010: Actis, a leading private equity investor focused solely on emerging markets, has acquired Vlisco Group, producers of a portfolio of popular West and Central African fashion brands including Ghanaian produced GTP and Woodin

Vlisco Group, a 164-year-old business, leads African design trends in printed and wax fashion fabrics.
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AGRA invests $2.1 million in training of soil scientists PDF Print E-mail

The Kwame Nkrumah University of Science and Technology (KNUST) has been selected to build a centre of excellence in the training of research and teaching scientists in soil science for the West African sub-region.

Twenty students from Baukina Faso, Ghana, Mali, Niger and Nigeria will be offered scholarships to undertake a four-year Ph.D
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Unilever launches Sunlight 2-in-1 washing powder PDF Print E-mail

The Sunlight 2-in-1 washing powder comes with a strong sweet fragrance
The Sunlight 2-in-1 washing powder comes with a strong sweet fragrance
Unilever launches Sunlight 2-in-1 washing powder
Unilever Ghana on Wednesday launched a new addition to its homecare and laundry portfolios, the Sunlight 2-in-1 washing powder.

The
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Management expert appointed Merchant Bank MD PDF Print E-mail

One of the directors of the Merchant Bank board, Daniel Seddoh has been asked to take temporary responsibility for the bank until a substantive Managing Director is employed.

Dr. Seddoh is a management expert, and was the former General Manager in charge of finance and Administration at Enterprise Insurance.
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Sacked Merchant Bank boss heads to court PDF Print E-mail

Peter Iliasu
Peter Iliasu
The former Managing Director of Merchant Bank, Peter Iliasu is set to challenge the termination of his appointment in court.

Mr. Iliasu wants the court to clear his name because his dismissal could prevent him from getting another job in the banking sector.
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Golden star pay $6.5m royalties to gov't PDF Print E-mail

Mr Colins Dawda(min.Lands & Forestry
Mr Colins Dawda(min.Lands & Forestry
Golden Star Resources Limited (GSR), operators of the Prestea/Bogoso and the Wassa mines, has announced the payment of a total US$6,696,796.51
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Vodafone launches 'power to you' campaign PDF Print E-mail

Mr. Kyle Whitehill, CEO Vodafone Ghana
Mr. Kyle Whitehill, CEO Vodafone Ghana
Vodafone Ghana has officially launched 'Power to You', which marks a new chapter for Vodafone-Ghana, as the company works proactively in bringing more products and services to the Ghanaian market, in responding to customers and business' requirements.
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Device schemes to wean Ghana off donor support -Tettey-Enyo PDF Print E-mail

'Again, this will help fill the economy with a higher calibre of tax advisers who will accelerate growth in the corporate world while increasing revenue generation for the economy,' he said.
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Gold Fields Cautions Public About Scam PDF Print E-mail

Nick Holland - Gold Fields CEO
Nick Holland - Gold Fields CEO
Gold Fields Ghana Limited has cautioned the public about a scam involving a firm using the name and corporate logo of the company to transact business on the Internet.

A
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Stanbic Still Has Interest In ADB PDF Print E-mail

Mr Andani
Mr Andani
Standard Bank, the parent company of Stanbic Bank Ghana, is still interested in acquiring Agricultural Development bank.

Stanbic,
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World Bank approves $300m for Ghana PDF Print E-mail

The World Bank has approved $300 million financing arrangement for the government to enhance the implementation of the country's development initiatives.

The Minister of Finance and Economic Planning, Dr Kwabena Dufuor and the Country Director of the World Bank, Mr Ishac Diwan, are set to append their signatures to the financing deals in Accra Wednesday.
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ADB rolls out three-year strategic plan PDF Print E-mail

Alhaji Ibrahim Adam, Board Chairman of ADB
Alhaji Ibrahim Adam, Board Chairman of ADB
The Agricultural Development Bank (ADB), has rolled out a three-year strategic plan to enhance its operations, whilst bringing maximum benefits to its customers.
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AGI to equip SMEs in construction PDF Print E-mail

The Association of Ghana Industries, AGI is seeking to equip SMEs in construction to help them deal with challenges in the sector.

There are concerns that the main contractors in the industry have refused to engage small contractors due to what they say is delay in the execution of work.
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Bob Diamond to be new Barclays chief PDF Print E-mail

Bob Diamond and Stephen Green play key roles at two major UK banks
Bob Diamond and Stephen Green play key roles at two major UK banks
One of the world's highest paid bankers, Bob Diamond, is to become chief executive of Barclays.

The
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