Daily Archives: August 15, 2013

Ecuador to open Amazon's Yasuni basin to oil drilling

QUITO (Reuters) – Ecuador will open up part of the Amazon rainforest to oil drilling after rich nations failed to back a conservation plan that would have paid the country not to explore in the area, President Rafael Correa said on Thursday. read more

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Innovate to survive – Bank of Ghana urges banks

The First Deputy Governor of the Bank of Ghana, Mr Millison Narh, has charged financial institutions to continually re-engineer their operations in order to stay relevant in a competitive environment.He said the stiff competition in the financial services sector meant that institutions which must survive should introduce innovative strategies …

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Magnitude 6.8 earthquake shakes New Zealand

WELLINGTON (Reuters) – An earthquake with a preliminary magnitude of 6.8 struck south of New Zealand’s capital, Wellington, on Friday, sending panicked workers and residents into the streets just weeks after a similar size quake struck the city. read more

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The GOP Goes in Search of Non-White Faces

The party's new strategy to appeal to women and minorities risks alienating its base

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July inflation rises to 11.8%

Dr Philomena Nyarko

Inflation for the month of July inched up to 11.8 per cent, from the 11.6 per cent recorded for June, 2013, the Ghana Statistical Service (GSS) has announced.

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Lewis Kornfeld, Made Radio Shack an Early Player in PCs, Dies at 97

In 1977, with Mr. Kornfeld as president, Radio Shack introduced the TRS-80, one of the first mass-market computers for consumers. read more

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China to probe IBM, Oracle, EMC for security concerns: paper

SHANGHAI (Reuters) – China’s Ministry of Public Security and a cabinet-level research center are preparing to probe IBM Corp, Oracle Corp and EMC Corp over security issues, the official Shanghai Securities News said on Friday. read more

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SIC posts good performance

SIC Insurance Company Limited posted a solid performance for 2012, with GH¢98.9 million as gross earned premium income indicating a growth of 24 per cent compared to the performance of GH¢79.6 million in 2011.

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Coinbase Adds SMS Commands So You Can Send BTC Via QR On The Q.T.

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Coinbase has added SMS commands to their already user-friendly Bitcoin wallet and purchasing systems. The system, which uses simple commands (qr $100 will make a QR code for a $100 withdrawal from your account) and a trusted phone to make things a bit more easier on BTC lovers. read more

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R200m spent and going nowhere

Work has again ground to a halt on a provincial road after four years of wrangling over tenders.

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English is, literally, going to pot

It’s not, like, acceptable that the language is being mangled for the sake of expediency. But whatever.

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Bridging the gaping digital divide

Internet penetration in South Africa remains sluggish due to the high cost of connectivity.

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Cut costs but not bonuses, state told

Unions rail against the plan to cut bonuses at the government’s ‘model of excellence’ – the treasury.

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The boys who lost their manhood

The loss of their penises has ruined the lives of victims of traditional initiation schools in rural South Africa Mia Malan reports.

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