Ghana isn't complaining, however. The Ghana Stock Exchange has so far this year posted the best performance in the world. The GSE's All-Share Index has chalked up 64% growth.

President John Agyekum Kufuor put smiles on the faces of fisher folks at James Town in the Greater Accra region yesterday when he cut the sod for work to commence on a $16.5 million fishing habour.

The Institute of Economic Affairs (IEA) on Monday said despite the economic growth recorded in the past, there was deterioration in the performance in 2007, continuing the trend started in 2006.

The series on the procurement and supply chain evolution in Ghana and Africa in general concludes this week with the hope and aspiration of transiting into the Value Chain era.

The Borrowers and Lenders Bill and the Non-Bank Financial Institutions Bill are awaiting the blessing of the president after they were passed by Parliament on November 7, 2008.

ZENITH Bank Ghana, has donated GH¢2,000 to Ms Juliana Achuliwor, a kidney patient, to undergo a kidney transplant. The donation was made on behalf of the bank by Mr. K. Asiedu, Chief Executive Officer.

Eleven mango farmers in the Krobo area are to benefit from GH¢500,000 from the Millennium Challenge Accounts (MCA).

Mr David Venn, the new Chief Executive Officer of Ghana Telecom/Vodafone said on Thursday that Vodafone is in the country to change the telecom market.

Companhia Vale do Rio Doce, otherwise known as Vale, the iron-ore giant out of Brazil and penciled as one of two foreign establishments to partner the Volta Aluminium Company, VALCO, in the sale and purchase of 70 percent stake in the Ghanaian aluminum smelter, has explained that the global financial turmoil forced it to suspend its pre-feasibility study in VALCO.

The last downward review of petroleum prices is not the actual reflection of the drop in the price of crude oil on the international market, the National Petroleum Authority (NPA) has said.

The annual inflation rate fell to 17.30 per cent in October down from 17.89 percent a month earlier, Dr Grace Bediako, Government Statistician said on Friday.

THE Ghana Tourist Board in collaboration with My Good Agent Communication have launched the SMS Data Report of “Customer View” on performance of hospitality practitioners ar the Ministry of Tourism and Diasporan Relations conference room in Accra.

AFRICAN banking group, Ecobank Transnational Inc, has not yet calculated the outcome of a $2.5 billion share offer originally intended to close at the start of October, the bank’s Chairman, Mande Sidibe, said at the weendend.

The District Chief Executive of the North Sekyere Central District of Ashanti, Mr. Haruna Oppong Boateng, has advised staff of rural banks to eschew cynical tactics such as processing for themselves, fantastic loans which would never be paid back.

The Bank of Ghana (BoG) has revised the economic growth target for the year, bringing it down from 7 percent to 6.6 percent.

A World Bank study has indicated that Ghana's Gross Domestic Product (GDP) has been underestimated by about 80 per cent, Dr Anthony Akoto Osei, Minister of State at the Ministry of Finance and Economic Planning, has said.

The Ghana Stock Exchange (GSE) could be heading for declines in the coming weeks as shares of listed companies continue to drop.

Pricewaterhousecoopers Ghana has organized a workshop to promote discussions within the banking industry to prepare them for Basel II Compliance.

The total indebtedness of institutions registered under the Social Security and National Insurance Trust (SSNIT) has put the Trust in a distress situation.