2009

The Spanish Government is providing Ghana with a seven million Euro loan facility to construct and equip six cold stores with refrigeration facilities in some selected fishing communities in the country.      This is under the second…

Dr Kwabena Duffuor, Minister of Finance and Economic Planning, on Wednesday said government was embarking on structural reforms that would enhance the economy to withstand externally induced economic shocks.      He said short-to…

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…