The IndependentLenovo jumps to the top table with $2.9bn of Motorola's hardware division from ...The IndependentGoogle has sold Motorola Mobility to Chinese computer maker Lenonvo for $2.91bn (£1.8bn). The surprise move comes less than two years after the internet company first purchased the struggling hardware business. Google originally paid $12.5bn for the ...Lenovo faces chance to become rare PC maker successful in phonesPCWorldLenovo says it will buy Motorola smartphone unit from GoogleDAWN.comWhy Lenovo was hot for MotorolaCNNDaily News & Analysis -NDTV -Forbesall 879 news articles »

The Archbishops of Canterbury and York have told the leaders of Nigeria and Uganda that gay people should be valued and not victimised.

MiamiHerald.comPullback From Emerging-Market Currencies ContinuesWall Street JournalThe pullback from emerging-market currencies showed no signs of a pause in Europe on Thursday, after the U.S. Federal Reserve confirmed expectations that it would scale back its bond-buying program by a further $10 billion a month. The Hungarian forint ...D-Street story: How bulls fought back $20 billion QE cut concernsEconomic TimesCan the finance ministry really stabilise markets?Business StandardAsian shares dive on Fed cutNinemsnFinancial Times -Ahram Online -CNBC.comall 1,846 news articles »

President John Dramani Mahama Wednesday inaugurated a six-member advisory committee of the Ghana Infrastructure Fund (GIF) at the Flagstaff House with a charge to the committee to work hard to address the country’s infrastructure deficit. He said Ghana's current infrastructure deficit of between $1.2 billion and $ 1.5 billion needed to be tackled head-on and expressed confidence in the committee’s ability to work assiduously to tackle the challenge. The committee would, among others, prepare the fund’s take-off. The members of the committee include: Mr Ato Ahwoi, Chairman of the Ghana National Petroleum Corporation;  Mr Lionel Van Lare Oslo, Chairman of the Board of Directors of Ecobank Ghana; Mr Tenu Awoonor, an investment banker; Madam Hannah Amoateng, an Economic Consultant; Dr Emmanuel Oteng Kumah, Economic Consultant, and Mr Seth Tekper, Minister of Finance and Economic Planning. Genesis of the fund During the presentation of the 2014 Budget Statement to Parliament, the finance minister announced the government's decision to set up the GIF to deal with the huge infrastructure deficit. The fund will focus on strategic infrastructure that can result in job creation and propel the growth of the economy and operate in partnership with the private sector. Potential sources of funds include appropriations by Parliament, escrowed and in-lent funds from prior investments, and foreign funds from multilateral institutions and development banks. President Mahama said the committee would report regularly to the Cabinet as preparations for its launch went ahead and indicated that the government was determined to adopt noble ways of fixing the infrastructure challenge of the nation. Mr Ahwoi responds Speaking on behalf of the committee, Mr Ahwoi promised that members would work to the best of their ability to support the President realise his laudable vision for the nation. "We want to see infrastructure development progress and we would not fail you ( President) and the nation," he assured. Mr Ahwoi said they would use four months to draw a programme of action for the fund’s take-off. He said similar funds had been successful in countries like South Africa and South Korea and expressed optimism that Ghana would also get there.

Egbert Faibille An Accra Fast Track High Court has ordered for the district capital of the Binduri District Assembly in the Upper West Region to be established at Binduri in accordance with the Local Government Law (Act 462, 1993). The order is in respect of a case brought against government by seven citizens of Binduri […]

A student demonstrating how to use the test kit as Martin Njisse, MD Vitens Evides and some officials of GWCL look on. The Ghana Water Company Limited (GWCL) lost 47.2 percent of water it produced last year due to non-revenue activities. This comprised both commercial losses of 32.2 percent and technical losses of 15 percent. […]

Gideon Boateng, the driver of the robbery gang busted in Koforidua in the Eastern Region, has been identified as a son of an ex-police officer. Gideon, 38, was said to have married about four months ago to a UK-based lady and was due to join him soon after the burial of his father. According to […]

The Municipal Chief Executive (MCE) of the La-Nkwantanang Madina Municipal Assembly, Mr Franklin Anku, has inspected ongoing road projects in the municipality. He was accompanied by the Municipal Roads Engineer, Kobina Ennim, and the Municipal Co-ordinating Director, Alhaji Saaka Dramani. The road projects include the Melcom road, Coleman Bakery road, and the Redco-Agbogba road, all located within Madina. Road construction Speaking to journalists, Mr Anku said the tour was to assess the progress of work on the roads, adding “we are committed to the development of all roads in the municipality.” Mr Anku told journalists that when completed, those roads would help reduce traffic in the municipality and boost economic activities in the area. He also gave an assurance that all major roads in the municipality would receive a facelift soon. Roads Engineer According to Mr Ennim, the roads inspected were about 60 per cent complete. He stated that “these road projects would be completed by March before the rainy season sets in.” “These roads already had drains and had been covered with gravel, so we are further upgrading them into  modern ones.”  He told journalists that a challenge to the construction of roads in the municipality was the encroachment of lands earmarked for roads.

Sammi Awuku leading the charge Outspoken member of the New Patriotic Party (NPP), Sammy Awuku, who intends to become the next National Youth Organizer of the party, staked his claim to the position on Tuesday. This was when he stormed the party’s headquarters at Asylum Down, Accra to pick a nomination form. The agile young […]

His Eminence Archbishop Dr. Samuel Richard Addae Founder and General Overseer of Shiloh United Church at Tanoso in Kumasi, His Eminence Archbishop Dr. Samuel Richard Addae has expressed grave concern about the high unemployment rate in the country. He tasked government to implement proper policies to help provide jobs for graduates in the country to […]

Ghana’s over-reliance on primary production has over the years denied her of the numerous benefits from mining. It is as a result of this that the Ghana Mineworkers’ Union lauded President John Mahama on his recent call to move Ghana’s mining sector to the secondary stage of processing mineral resources. In a statement issued on […]

From Left, Prof Binka in Suit, Francis Ganyaglo and Samuel Ablakwa looking on the site plan of UHAS Contractors who have constructed facilities for the University of Health and Allied Sciences (UHAS) in Ho are mounting pressure on the authorities of the University to pay them. The Vice Chancellor of UHAS, Professor Fred Binka said, […]

“Cry, the beloved country, for the unborn child that’s the inheritor of our fear. Let him not love the earth too deeply. Let him not laugh too gladly when the water runs through his figures, nor stand too silent when the setting sun makes red the veld with fire. Let him not be too moved […]

Gene Allan Cretz The US Embassy in Ghana has welcomed the visiting trade mission of The Corporate Council on Africa to Ghana for discussions. A statement from the US Embassy in Accra on Monday said the visit is to allow trade missions and other US-based companies interested in exploring new business opportunities in Africa to come to the country and meet government officials for the execution of such businesses. The Trade Mission includes companies interested in exploring business opportunities in a broad array of economic sectors, particularly power; financial services; construction; and technology. Some of the corporations comprising the Trade Mission are: AGS; Akin Gump Strauss Hauer & Feld LLP; Covenant Security Solutions; EAI Information Systems; Essex Construction; International Green Structures; JML Investment Group; and STI Global Ltd. In honour of the delegation, the Ministry of Trade and Industry will host a forum introducing the American businesses to key Government of Ghana officials. The delegation will then pay a courtesy call on President Mahama and interact with representatives of the local private sector for the remainder of the visit. Ambassador Cretz welcomed the visitors, stating: “I firmly believe these missions are critical to fostering the exchanges and information-sharing that ensures American companies continue to consider Ghana and partnering with Ghanaian firms as they seek to expand their presence in the region”.

Some foreign students from Sikkim Manipal University (SMU) in their classroom. Foreign students in Ghana have expressed dissatisfaction with the current economic conditions. Some students from Congo, Nigeria, Togo, Liberia and Cote d’Ivoire, who spoke to BUSINESS GUIDE in separate interviews on Tuesday in Accra, indicated that life had become unbearable for them. “Whenever we […]

A section of the Mamprusi Youth at the Press Conference Some Mamprusi youth residing in the Bolgatanga Municipality have called on government to take steps to ensure that Mamprusis in Bawku are allowed to celebrate their annual Damba Festival just like other tribes. It is not enough for government to keep saying on every platform […]

Rumours that the Asantehene, Otumfuo Osei Tutu II, is dead, are completely unfounded. The Asantehene is expected back home from South Africa on Tuesday, February 5, 2014