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The Kumasi Metropolitan Authority (KMA) has cautioned traders and hawkers, who took advantage of the Yuletide to do business on the pavements of the Central Business District, to vacate in their own interest. A statement issued by Clement…

The Road Transport Operators of Ghana on Tuesday announced an 18 per cent adjustment in transport fares with immediate effect following increases in petroleum prices by the National Petroleum Authority (NPA). A statement issued in Accra on…

President John Evans Atta Mills on Tuesday announced changes in some Ministerial appointments. A statement signed by Mr J.K. Bebaako-Mensah, Secretary to the President, said Mr Martin A.B.K. Amidu, has been appointed Attorney-General and…

The Social Security and National Insurance Trust (SSNIT) announced on Tuesday an increase in pensions for 2011 by GH¢10.03 for each pensioner on the pension payroll as at December 31, 2010. A statement signed by Evangeline Amegashie,…

Oil fell for a second day on Wednesday, extending the previous session's 2.4 percent drop, as investor enthusiasm for commodities diminished with a stronger dollar, following a sharp year-end rally in raw material prices. U.S. crude for…

The World Bank has issued its first bond denominated in the Chinese currency, joining a small but fast-growing market. The yuan-denominated bond is being issued to promote the use of the Chinese currency in international markets. It will…

President Barack Obama's national security adviser pressed for efforts to reduce U.S.-China trade imbalances and also discussed ways to rein in North Korea in talks on Tuesday with China's foreign minister. Obama, who joined the meeting…

The government will accelerate its efforts to nurture new businesses, ministers said on Wednesday, seeking to promote private sector growth to help soften the blow from big public spending cuts and job losses. The Conservative-Liberal…

The White House is telling US agencies to create "insider threat" programmes to ferret out disgruntled workers who may leak state secrets, reports say. The move follows the leaking of thousands of secret US cables to the whistle-blowing…

The U.S. securities regulator is scrutinizing whether it needs to update the disclosure rules for privately-held firms as a result of recent deals allowing investors to buy shares in Internet companies such as Facebook and Twitter, the Wall…