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The largest U.S. auto insurer alerted regulators earlier than first believed about a worrying trend of accidents involving Toyota Motor Corp vehicles, while the Obama administration's top transportation official said on Friday he would not…

British pop superstar Elton John stirred controversy in a magazine interview Friday when he claimed that Jesus Christ was "gay." "I think Jesus was a compassionate, super-intelligent gay man who understood human problems," John said in…

Tiger Woods showed uncommon humility, and a familiar touch of defiance, in his long-awaited return to the public stage Friday. Now the next relevant question: When will he resume his high-visibility career as a professional golfer, the…

Contrary to public outcry on the imposition of a 20% ad valorem tax approved by Parliament on sachet and bottled water in the country, the Ghana Coalition of NGOs in the Water and Sanitation sector (CONIWAS), has lauded the move and…

AngloGold Ashanti, one of the major players in the mining industry in Ghana, has suspended operations in one of its mines in the country - the Iduapriem Mine. In a press statement copied to ghanabusinessnews.com Friday February 19, 2010,…

As widely expected the Bank of Ghana has cut its policy rate by 200 basis points from 18% to 16%. The Governor of the central bank, Mr. Kwesi Amissah-Arthur announced the new rate at a press conference at the bank Friday February 19,…

Ghanaian travellers to the US will soon apply for their visa electronically as the US Embassy introduces a new system of application that eliminates paper work. The fully web-based nonimmigrant visa application from, the DS-160, will…

The Bank of Ghana Monetary Policy Committee (MPC) started its quarterly meeting Monday to review the performance of the Ghanaian economy. Today Friday February 19, 2010 the MPC will meet the press at a press conference and issue a…

The GSE All-Share Index inched up by 0.72 points in trading on Thursday to 5,634.34 points. The rise in the index brings the year to date gain to 1.11 per cent. On the broader market, there were two price movements - a positive and…

A 14-member reconstituted Plan Preparation Taskforce charged to come out with a medium term development plan for the Ahafo-Ano North District has been inaugurated. It would take critical look at the physical development needs and…