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Wed 10 Mar 2010

Banking and Finance
TOR apologises for shortage of liquefied petroleum gas
Wednesday, 10 March 2010 09:00
Accra, March 9, GNA - The Tema Oil Refinery (TOR), on Tuesday assured the public that it was working hard to repair a leakage that was detected on its sixth Liquefied Petroleum Gas (LPG) pipeline, leading to the suspension of the discharge of the product over the weekend.
 
Management of GNPC still in talks with Kosmos
Wednesday, 10 March 2010 09:00
Accra, March 9, GNA - The management of Ghana National Petroleum Corporation (GNPC) is still in discussion with management of Kosmos Energy over the purchase of its stake in the Jubilee oil field, GNPC Managing Director, Nana Boakye Asafu-Adjaye, said on Tuesday.
 
Ghana Association of Bankers announces new exchange rates
Wednesday, 10 March 2010 09:00
Accra, March 9, GNA - The following are the average inter-bank exchange

rate of the dollar and derived rates for the major currencies against the

cedi as issued by the Ghana Association of Bankers on Monday, March 9, 2010.
 
President Mills reiterates commitment to judicious investment of oil cash
Wednesday, 10 March 2010 09:00
Singapore, March 9, GNA - President John Evans Atta Mills has reiterated his government's commitment to invest oil inflows from the giant Jubilee field production in critical infrastructure projects, to propel national development for the benefit of all.
 
TOR apologises for shortage of liquefied petroleum gas
Wednesday, 10 March 2010 09:00
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The Tema Oil Refinery (TOR), on Tuesday assured the public that it was working hard to repair a leakage that was detected on its sixth Liquefied Petroleum Gas (LPG) pipeline, leading to the suspension of the discharge of the product over the weekend.

It
 
Accra bourse dips on ETI
Wednesday, 10 March 2010 09:00
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The GSE All-Share Index, the benchmark measure, dipped 91.63 points at 5,747.02 points from 5,838.65 points on Ecobank Transnational Incorporated (ETI) loss.

The loss brings the year to date gain down to 3.13
 
Management of GNPC still in talks with Kosmos
Wednesday, 10 March 2010 09:00
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The management of Ghana National Petroleum Corporation (GNPC) is still in discussion with management of Kosmos Energy over the purchase of its stake in the Jubilee oil field, GNPC Managing Director, Nana Boakye Asafu-Adjaye, said on Tuesday.

Speaking
 
Road Fund Board borrows GH¢109 million from SSNIT
Wednesday, 10 March 2010 09:00
The Road Fund Board is set to finalise arrangement with the Social Security and National Insurance Trust (SSNIT) to secure GH¢109 million to settle debt owed contractors who draw their monies from the fund.

The contractors, many of them small scale and local, have in recent times been demanding settlement of the debts especially after the Ministry of Finance paid their large scale foreign counterparts some GH¢160 million a few weeks ago.
 
Kufuor`s Minister mad at gov't… Over sale of Kosmos shares
Wednesday, 10 March 2010 09:00
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The former Deputy Energy Minister and Member of Parliament (MP) for Adansi Asokwa, Hon. Kobina Tahir Hammond has advised the government to “respect its contractual obligations” with investors in the newly found oil and gas industry, and refrain from turning the country into what he described as “gangsterism.”
 
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