September 2009

President John Evans Atta Mills on Wednesday urged Ghana’s sister African nations to forge greater economic co-operation and partnership to improve the living standards of their people.       He assured the diplomatic community in Ghana…

The Accra Metropolitan Assembly’s (AMA) fees and rates on properties would go up by 10 per cent with effect from 2010. According to Dr. Alfred Okoe Vanderpuije, Chief Executive Officer of AMA, the increase was due to inflation, anticipated…

Africa’s rice production grew 18 percent in 2008 and the continent may become a net exporter of the grain if more land is brought under cultivation, according to the Africa Rice Center. The sharp increase in output is the result of support…

China's 2.3 trillion yuan ($337 billion) fund industry may triple in size in the next five years as new products attract money away from banks in the world's fastest-growing major economy. China's 18-year-old fund industry is stepping up…

Most Asian stocks advanced as gold prices climbed and after Alcoa Inc. said Chinese demand for aluminum will increase this year. Japanese carmakers fell as U.S. employers cut more jobs than forecast. Newcrest Mining Ltd., Australia’s…

Taking on corporate giants can feel like tilting at windmills, but John Kopchinski's six-year legal battle against Pfizer Inc just made him a rich man. The Gulf War veteran and former Pfizer sales representative will earn more than $51.5…

Productivity and factory orders are up as the economy continues to flash signals that the longest recession since World War II is coming to an end. However, worries remain about how durable the rebound will be given lingering problems in…

U.S. securities regulators missed "numerous" red flags that may have led to Bernard Madoff's $65 billion Ponzi scheme and never did a "thorough and competent" probe despite complaints dating to 1992, a federal watchdog has concluded. The…

Internet service providers in Ghana have called on Government to reduce or completely eliminate taxes incurred by broadband suppliers to make the service available and affordable to all no matter where they live.      They have argued that…

An official of Millicom International Cellular, operators of Tigo, has put the current wireless penetration in Ghana at 47 per cent. This is contrary to the 55 per cent wireless penetration the National Communication Authority, government…