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Ghana is ranking at the 70th position on the latest Global Innovation Index, among 125 economies. Ghana moved up by 35 places from the 105th position on the 2010 Index. The index, which was released on June, 30 2011, was conducted by…

The Abzu Gold Limited says it has entered into an agreement with Kinross Gold Corporation’s subsidiary, Red Back Mining Ghana Limited, pursuant to which it has acquired an option on 10 mining concessions in Ghana. Under the agreement, Abzu…

The Ministry of Finance and the United Nations Development Programme (UNDP) have held a two-day workshop with members of the Institute of Financial and Economic Journalists (IFEJ) last week to discuss matters on aid effectiveness and to…

A senior executive of mobile provider, MTN has predicted that in the next five to ten years mobile telecoms companies would be offering voice services for free, as customer demands shift towards other non-voice products. Ahmad…

The Ministry of Finance and Economic Planning has granted the Ministry of Water Resources, Works and Housing the authority to commit GH¢3,443,141.24 for the construction of the Goaso and Mim drainage projects in the Asunafo North District…

The Seventh Ghana-Burkina Faso Joint Technical Committee on Integrated Water Resources Management (JTC-IWRM) meeting has been held in Tamale with a call on the core neighbouring countries to help marshal the needed resources to ensure…

The African Union (AU) has endorsed the proposals for a political solution to the crisis in Libya, within the context of the AU roadmap and the relevant United Nations (UN) Security Council resolutions. In a communique at the end of the…

The Ghana Water Company Limited (GWCL) has embarked on an aggressive debt collection exer­cise in Tamale in a bid to retrieve an estimated GH¢2.5 million owed the company by water consumers in the city. The company has, therefore,…

Africa’s external debt has risen from $300.58 billion in 2009 to $324.70 billion in 2010 with sub-Sahara Africa (SSA) accounting for two-thirds of the debt, according to the Economic Report on Africa 2011, a report by the Economic…

The global drug market for cocaine, heroin and cannabis has declined or remained stable, the World Drug Report 2011 has revealed. The report says illicit cultivation of opium poppy and coca bush has remained limited to a few countries.…