/ 15 February 2000

ASHANTI GETS NEW CHAIR

GHANA’S troubled Ashanti Goldfields Company announced the appointment of Philip Tarsh, a senior independent director, as the acting chairman of its board of directors. This comes afer the resignation of Richard Kwame Peprah, the finance minister, as chairman of the Board with effect from 11 February. An Accra High Court last week ordered the company to hold an emergency general meeting of shareholders 3 March to elect a new board of directors.