May 2011

The prices of staple foods will more than double in 20 years unless world leaders take action to reform the global food system, Oxfam has warned. By 2030, the average cost of key crops will increase by between 120% and 180%, the charity…

Japan's industrial output continues to be battered by the after effects of the earthquake and tsunami. However, the latest government figures indicate that manufacturing is showing its first signs of recovery. Factory output rose by 1% in…

A record number of children have been rescued from paedophiles prowling the internet for the fifth consecutive year, a specialist police unit has said. More than 1,000 children have been safeguarded or protected, including 414 in the…

Half of people think Britain will become a nation of renters within a generation as young people give up on the dream of home ownership, as house prices are expected to rise further. Around 77% of people who have not yet got on to the…

Ghana has recorded the highest ever cocoa production in the history of the country, the Cocoa Marketing Board (COCOBOD) has said. In a press statement issued Monday May 30, 2011 and copied to ghanabusinessnews.com, the Board said Ghana’s…

The World Bank has sent a strong notice to foreign investors who want to invest in Africa saying that the continent does not need irresponsible investments. In a speech delivered as part of celebrations to mark the African Union Day, the…

The total value of disclosed consumer products (CP) in mergers and acquisitions (M&A) deals announced in 2010 reached $101.6 billion globally compared with $45.7 billion in 2009, according to international audit firm Ernst & Young…

Judge a man by his questions rather than by his answers – Voltaire, French philosopher Dr. Ekwow Spio-Garbrah, the Chief Executive Officer of the London, UK based Commonwealth Telecommunication Organization, on the surface appears…

Computer Warehouse Group (CWG) Ghana, integrated information and communication technology solutions providers, plans to list on the Ghana Stock Exchange in the next three years as part of its pan-African strategy. Briefing journalists on…

Alhaji Mohammed Muntaka Mubarak, Member of Parliament (MP) for Asawasi, has appealed to supporters and leaders of the National Democratic Congress (NDC) to refrain from provocative and defamatory statements. He condemned the way some NDC…