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PRUPIM, the property investment arm of insurer Prudential, has bought three supermarkets occupied by Sainsbury for 125 million pounds for a fund that hedges inflation risk. Skip related content The sale and leaseback deal, made for…

Asian stock markets advanced Wednesday, with the region's high-tech shares pushing higher after strong earnings from Apple Inc. and IBM Corp. Oil prices lingered above $91 a barrel, underpinned by the rise in regional stock markets and…

California's unemployment rate has hovered around 12.4 percent for almost a year. But a new report released late Tuesday shows that green jobs continued to grow amid the downturn. California's "Core Green Economy" had 174,000 jobs in…

Ghana’s rural banks have attracted El Maniel International, an investment concern with interest in the mining sector. According to a statement from the company, its Board has unanimously agreed to acquire Rural Community Banks in Ghana,…

A National daily minimum wage (NDMW) to reflect the changing economic times is expected to be announced by the end of this month. At a meeting of stakeholders in Accra yesterday, a Deputy Minister of Employment and Social Welfare, Mr…

Officials of the Narcotic Control Board (NARCOB) of Ghana, the country’s drug enforcement agency is in Zambia to pick lessons on how to curb the menace in Ghana. The Zambia National Broadcasting Corporation (ZNBC) reports that a member of…

Private lotto operators in the country have taken their grudge against the National Lottery Authority (NLA) to the Presidency and accused the NLA of trying to render them jobless. Twenty-six national and regional executives of the National…

Australian mining company Adamus Resources becomes Ghana’s newest gold producer when the company poured the first gold at its Nzema gold project, as the country's gold output rises 3%. A report by the Mining Weekly says the first gold bar…

Mr Adjei Manso, an executive member of the Sefwi-Wiawso branch of the Ghana Private Road Transport Union (GPRTU), has appealed to the national union leadership to settle a case in which 11 of the branch’s members are standing trial. Mr…

The case in which Adamu Daramani, Member of Parliament (MP) for Bawku Central is being tried for triple nationality was on Monday adjourned to January 25. This was because Mr Rexford Wiredu, a Principal State Attorney, was indisposed. A…