Sat05192012

Last update10:12:46 PM GMT

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Facebook share trading debut approaches

Facebook CEO Mark Zuckerberg

Facebook shares will shortly start trading in one of the largest and most high-profile share flotations of recent years.

Founder Mark Zuckerberg is set to ring the opening bell that signals the start of daily share dealing in New York.

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Ghana's Total Debt Up

money bags

Ghana's total debt increased by 10 per cent to GH¢23,608.5 million by the end of the second half of 2011.

That represented 39.9 per cent of gross domestic product (GDP).

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Ghana Private Universities 'Cause Unemployment' - Asaga

Mr Asaga

Ghana's Minister for Employment has blamed private universities for high levels of graduate joblessness.

These institutions take mediocre students who graduate with sub-standard qualifications, Moses Asaga said.

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TOR In Tatters - Plant Shuts Down

TOR

Workers of the Tema Oil Refinery, during the May Day Celebration, poured out their frustration about the deepening crisis at the nation’s strategic oil installation and called on President Mills to wake up from his slumber to save the organisation.

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Developed countries are playing double standards on trade protectionism

Sylvester Bagooro of Third World Network

The African Trade Network (ATN), attending the Eighth Ministerial Conference (MC8) of the World Trade Organization (WTO), in Geneva, Switzerland has strongly objected to the moves by the developed countries such as United States, European Union, Australia, among others in their joint ministerial press statement issued on the 15th of December 2011 titled “Pledge Against Protectionism” that basically is calling for a standstill clause in the WTO.

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New Cocoa Certification project helps improve farmers’ livelihood

Smallholder cocoa farmers in the Ahafo Ano North and South districts of Ashanti are recording improved crop yield and enhanced livelihoods under a new cocoa certification programme.

Dutch-based sustainable development NGO, Solidaridad, is equipping the farmers with the requisite skills and support to produce for the international market, under the UTZ certification brand.

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European shares fall on worries over Spanish banks

European stock markets had a shaky start on Friday as concern continued over Greece and Spain.

Spain's main share index fell more than 2% before recovering, while shares in London fell by as much as 1%.

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Joblessness is on the rise in Ghana - TUC

Mr Kofi Asamoah  TUC Gen  Secretary

The General Secretary of the Trades Union Congress (TUC), Mr Kofi Asamoah, has expressed worry about the unemployment situation in the country and called on government to create decent jobs for the citizenry.

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Bank of Ghana to issue a 5-year bond to raise GH¢200m

Bank Of Ghana

The Bank of Ghana is expected to issue a five year bond in June this year.

The Government through the central bank is hoping to raise 200 million cedis to pay previous debts that are maturing.

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