| Issue No: |
494 |
| Published: |
Dec. 10-16, 2012 |
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| 06-04-2013 |
Efforts to boost IT connectivity gain pace |
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A government drive to make technology more accessible across Ghana by expanding the ICT infrastructure has opened the door for international investors to increase their presence.
| Full Story |
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| 06-04-2013 |
Delta Airlines to introduce Boeing 767-300 by end of 2013 |
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Delta Airlines, the leading US carrier in West Africa, will by the close of the year introduce Boeing 767-300 aircraft with fully flat-bed seats for customers flying in Business Elite.
| Full Story |
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| 06-04-2013 |
Controversy rocks hajj board over high fares |
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Fears are being expressed that unless government intervenes, many willing Muslims might not be able to make this year’s hajj pilgrimage due to the astronomical increase in the fare. According to our sources this year’s fare of $3450.00 is 10 per cent higher than what was paid last year.
| Full Story |
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| 06-04-2013 |
Drama unfolds at HFC Investments AGM |
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Drama unfolded at the Annual General Meeting (AGM) of HFC Investments Services Limited in Accra when some shareholders raised issues with the audit report of the auditors of the company and the type of souvenirs distributed by the company to shareholders.
| Full Story |
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| 06-04-2013 |
UNDP spends $10.7m on Ghana projects in 2012 |
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The UN Development Programme (UNDP) provided an amount of $10.7 million for projects and programmes in Ghana during the year 2012. | Full Story |
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| 06-04-2013 |
AGF to issue $25m worth of guarantees to four Ghanaian banks |
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The African Guarantee Fund (AGF) will by next month issue $25 million worth of guarantee to four Ghanaian banks, its CEO has said.
| Full Story |
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| 05-16-2013 |
Energy Commission launches refrigerator exchange scheme |
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A total of 2,100 old refrigerators have been exchanged for new ones under the Government’s pilot Refrigerator Rebate and Exchange Scheme.
| Full Story |
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| 05-16-2013 |
Ghana’s inflation rises to 10.6% in April 2013 |
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The year-on-year inflation rate rose to 10.6 per cent in April, the highest since June 2010, compared with 10.4 per cent in March, Mr Baah Wadieh, Acting Deputy Government Statistician, said on Wednesday.
| Full Story |
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| 04-22-2013 |
3SIL GOES INTO COMMERCIAL PRODUCTION OF SOLAR ENERGY BY OCTOBER 2014 |
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The Strategic Securities Systems International Limited (3SIL), which is an independent and economically empowered services conglomerate, specializing in the procurement of solar lighting systems has announced its readiness to go into commercial production of solar energy by the year 2014.
| Full Story |
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| 04-22-2013 |
ISS World of Ports service meets growing demand for collaborative digital marine assurance data |
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ISS World of Ports, a division of the world’s leading maritime services provider, is responding to the growing demand for more collaborative marine assurance data with new feedback features, improved accessibility and online mapping tools.
| Full Story |
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| TOP HEADLINES |
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| Dec. 10-16, 2012 |
One Touch it is! |
| Kofi Ahovi |
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The president elect, John Mahama, promised a one touch victory during the campaign towards the 2012 general election and true to his words and commitment he has delivered.
President John Mahama, candidate of the ruling National Democratic Congress (NDC), obtained 5,574,761 votes, representing 50.70 per cent, of the valid votes cast to win this year’s election sparing the entire nation the ordeal | Full Report |
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| Dec. 10-16, 2012 |
Minister tells media not to make Korle Bu hospital part of politics |
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Rojo Mettle -Nunoo, Deputy Minister of Health, has advised the media against playing politics with the activities of Korle Bu Teaching Hospital | Full Report |
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| Dec. 10-16, 2012 |
ADB Wins Agric Development Bank of the Year at Ai Awards |
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Agricultural Development Bank, ADB for the third time in a row emerged as a winner at the prestigious 2012 Africa Investor (Ai) Awards which was announced in Johannesburg, South Africa last week to the global agribusiness investment community. | Full Report |
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| Dec. 10-16, 2012 |
Another win for Ghana |
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Last week’s general elections were generally peaceful and successful and we pat Ghanaians on their back for demonstrating yet again their superiority in conducting elections in Africa and more importantly for showing that democracy is possible in this part of the world. | Full Report |
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| Dec. 10-16, 2012 |
GGBL launches cassava beer |
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Guinness Ghana Breweries Ltd (GGBL), Ghana’s only total beverage business, has launched a new home-grown beer called Ruut Extra Premium Beer. | Full Report |
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| Dec. 10-16, 2012 |
RLG SUPPORTS ELECTION 2012 |
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ICT equipment assembler, rlg Communications donated quantity of products to assist the coverage and monitoring of the December general elections. | Full Report |
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| Dec. 10-16, 2012 |
Modern premix fuel outlet outdoored |
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Government has handed over a newly constructed state of the art premix retail outlet to the fisher folks of Brawire in Axim-Western Region. | Full Report |
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| Dec. 10-16, 2012 |
The Test of Comparative Electoral Glitches |
| Kwame Okoampa-Ahoofe, Jr., Ph.D. |
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It is all to be expected in the realm of a human institution that there is bound to occur a remarkable number of glitches in the maiden use of biometric technology in Ghana’s general election. | Full Report |
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| Dec. 10-16, 2012 |
Microsoft looks at smart glasses |
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Work on digital glasses that overlay information on top of the user's view of the world has been carried out by Microsoft.
| Full Report |
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| Dec. 10-16, 2012 |
Germanwings takes over nearly 30 Lufthansa A320s |
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Lufthansa will move 52 aircraft to its low-cost subsidiary Germanwings for the planned transferral of its decentralised European network next year. | Full Report |
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| FEATURES |
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The Man John Dramani Mahama |
| John Dramani Mahama was born on 29 November 1958 and has been President of Ghana since July 2012. He was the Vice President of Ghana from 2009 to 2012, and he took office as President on 24 July 2012 following the death of his predecessor, President John Atta Mills.Full Report |
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More doctors don’t necessarily lead to better care |
| John Dramani Mahama was born on 29 November 1958 and has been President of Ghana since July 2012. He was the Vice President of Ghana from 2009 to 2012, and he took office as President on 24 July 2012 following the death of his predecessor, President John Atta Mills.Full Report |
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Nana Akufo-Addo, The President Ghana Neve Had |
| Nana Addo Dankwa Akufo-Addo, the presidential candidate for the New Patriotic Party, NPP, for the Nsecond time in the electoral history of Ghana, has lost the presidential slot to the National Democratic Congress, NDC.Full Report |
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FINANCIAL MARKETS
LAST WEEK |
| INFLATIONARY TRENDS |
| January 2013 |
8.8% |
| February 2013 |
10.0% |
| March 2013 |
10.4% |
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| INTEREST RATES |
| 91-day T.Bill (Nominal) |
22.98% |
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| 182-day T.Bill (Nominal) |
23.09% |
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| 1 Year Note (Nominal) |
22.30% |
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| 2 Year Fxd Rate Note |
22.40% |
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| GHANA STOCK EXCHANGE |
| Last Week Change |
(0.97%) |
| Year To Date Change |
13.77% |
| Volume Traded |
4,288,356 |
| Value Traded |
9,386,392 |
| Market Cap |
57,776.46 |
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| CURRENCIES (INTERBANK) |
| US$/GH¢ |
1.948 |
| Pound/GH¢ |
2.980 |
| Euro/GH¢ |
2.548 |
| CFA/GH¢ |
296.570 |
| Rand/GH¢ |
0.212 |
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| COMMODITIES |
| Gold |
$1,395/oz |
| Cocoa |
$2,333 /tonne |
| Crude Oil |
$99.65pb |
| Coffee |
$143.19 |
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