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Britain's banks will be subject to a wide-ranging probe that will examine the possible break-up of retail and investment banks and ways to boost competition, although no single option is favoured at present. The Independent Commission on…

Distracted driving fatalities caused by cell phone use and texting soared in the space of three years, according to new U.S. government research released Thursday. Texting alone caused more than 16,000 deaths in car accidents from 2001 to…

A Philippine court has sentenced a father to 14,400 years in prison after he was convicted of the near daily rape of his teenage daughter over the course of a year. A trial court originally condemned the man, a rickshaw driver, to die in…

Ghana’s leading telecommunications company, MTN has won six awards in the past week. The company won awards at the 21st Chartered Institute of Marketing Ghana (CIMG) and the 9th Ghana Club 100 awards ceremonies in Accra. According to a…

A Ghanaian has been elected to chair the International Cocoa Council. Mr. Anthony Fofie, the Chief Executive Officer of the Ghana Cocoa Board (COCOBOD) was elected to the position at the 82nd regular session of the Council in London last…

The mining industry in Ghana has become the lead tax payer to the Internal Revenue Service (IRS), according to the Ghana Chamber of Mines. A GNA report cited the CEO of the Chamber, Ms. Joyce Aryee as saying that in 2009, the extractive…

Although the Western Region of Ghana is considered to be one of the wettest areas of the country, current figures put it at the lowest rung of the ladder in terms of rural potable water coverage with just 44.20%. The lowest rural water…

The Ghana Cocoa Board and a consortium of 36 banks on Monday signed a $1.5 billion trade finance facility for the purchase of cocoa during the 2010/2011 season. This is 25 per cent more than the $1.2 billion raised last year. Standard…

Mr. Asher Nkegbe, Acting Upper West Regional Director of Environmental Protection Agency, (EPA) has advised Ghanaians to effectively protect the environment towards the promotion of tourism and the development of its resources. He said…

Finance officers in government departments and agencies were on Wednesday reminded of the utmost need to meet the heightening citizens’ demand for accountability in the management of the nation’s finances. Ms Grace Adzroe, Deputy…