US$ effect on gold ‘overdone’ – World Gold C’cil

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The World Gold Council (WGC) has said in its review of the gold industry for 2015 and outlook for 2016 that the effect of...

System failure plunges nation into darkness

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A system failure early Thursday morning plunged Ghana into darkness, barely a month after the nation’s power producer, VRA, transmitter GRIDCo and distributor ECG...

Swiber buys 38% of Nigerian offshore firm

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Swiber Offshore Construction has acquired a 38 per cent stake in Nigeria’s Deltatek Offshore Limited (DOL). Following the acquisition, DOL has become an associated company...

Gov’t to assist SMEs

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The Minister of Private Sector Development (PSD) and Public-Private Partnership (PPP), Dr Rashid Pelpuo, has assured Small and Medium Scale Enterprises (SMEs) of government’s...

China economic growth slowest in 25 years

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China's economy grew by 6.9% in 2015, compared with 7.3% a year earlier, marking its slowest growth in a quarter of a century. China's growth,...

Microsoft makes $1bn cloud pledge

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Computing giant Microsoft has pledged to provide $1bn-worth (£700m) of cloud computing resources to organisations it deems to be working for the "public good". The...

Shell upbeat ahead of BG deal

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Royal Dutch Shell has said it expects full year profits of between $10.4bn and $10.7bn just a week before shareholders vote on its planned...

Organised Labour hits streets over utility, fuel increment

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Thousands of workers in Ghana are hitting the streets today in protest of the recent hikes in petroleum products and utility tariffs. The Trades Union...