Players in GhanaÂ’s downstream petroleum industry are increasingly eyeing the Ashanti region to maximize profits in oil marketing.

A major challenge currently confronting importers is how to get more cedis to buy dollars for their business. This is primarily due to the rising cost of imports as a result of the continuous fall in value of the cedi against the dollar.

The National Communications Authority, NCA plans to free up broadband spectrum for telecom companies to expand mobile broadband penetration by 2015. This is expected to contribute about 1.5 billion cedis to GDP, create nearly 1 million jobs and also improve the quality of TV Broadcasting.

Manufacturers in Ghana are experiencing tough times in marketing their products because consumers are cash strapped.

The GSMA has projected that the spectrum that would be freed from the migration from analogue to digital television systems by 2015 would triple mobile broadband capacity and lead to 11 million broadband connections in Ghana by 2020.

The GSMA, the organization that represents the interest of mobile telecom operators worldwide has called for the removal of specific mobile related taxes such as the communications service tax (CST) and the import tax on SIM cards.

The government is expecting to create more jobs with the implementation of the “Foresting the Northern Savannah Project.”

The Bank of Ghana has outdoored an upgraded 50 Ghana cedis bank note.

The Chairman of the Ghana Stock Exchange Council, Dr. Sam Mensah wants players of the capital market to explore ways of attracting more investors to the market. According to him, this has become crucial especially because several foreign investors have pulled out of the market due to the poor performance of the market in the last few years.

Oil Marketing Firm, GOIL emerged the best performing stock on the Ghana Stock Exchange in terms of returns to investors for the first half of the year. The company from January to June returned to its investors, slightly over 50 percent in its share-value. This is contained in the half year market report of the Ghana Stock Exchange

New entrant into the telecommunications market, Glo Mobile now has 2% of the total market share. ThatÂ’s according to latest figures from the National Communication Authority as at May, 2012.

Building and Road Contractors can now pick up application forms to compete in the 2nd Contractors Excellence Awards slated for September 21. The awards scheme recognizes excellence in the construction industry. Competition in the awards is expected to get keener this year with the inclusion of Road Contractors.

Roberto Mancini has signed a new £37.5million deal with Manchester City - making him the Premier League's highest-paid boss.

Shares of IT firms, Clydestone and Transaction Solutions (Transol) ceased trading on the Ghana Stock Exchange – with effect from Monday June 09, 2012. According to managers of the exchange, this has been necessitated by the inability of the companies to hold their Annual General Meetings.

Nigeria defender, Taye Taiwo returned to AC Milan's pre-season training camp at the Milanello, outside of Milan yesterday after he was granted permission to skip the first day of training on Monday.

The Bank of Ghana has announced it would soon introduce new 50 Cedis notes onto the market with a set of new features.

Nottingham Forest confirmed last night that the Al-Hasawi family are the club's new owners.

Government is being asked to ensure that future contract negotiations on the countryÂ’s oil and gas have more favourable terms including the application of thin capitalization rules to the petroleum industry and more appropriate corporate tax regimes.

Ghana youngster Richmond Boakye-Yiadom will become the second Ghanaian player to sign for Juventus during this transfer market if he passes a medical on Wednesday.

Gold prospectors at Elmina are back at the beach prospecting for the precious mineral.