Vice President Kwesi Bekoe Amissah-Arthur on Monday lauded the United Nations (UN) Agencies in Ghana for the initiatives they have undertaken in the national development process, and advocated effective coordination between the Agencies t…
A six-week entrepreneurship clinic is to be held at the Kwame Nkrumah University of Science and Technology (KNUST) for all final year students of the University this week.
The programme aims at exposing the students to business oppo…
The Kintampo branch of the Ghana National Association of Garages (GNAG) on Monday appealed to the Kintampo Municipal Assembly to develop a modern garage at Kintampo to enhance their business operations.
It expressed appreciation to t…
The World Bank and Asian Development Bank have restarted lending to Myanmar after it cleared about 900 million dollars of arrears to the banks, officials said Monday.
"The bank group is now fully engaged in supporting development programm…
More than 22 million tourists visited Thailand last year, up nearly 16 per cent year-on-year, marking a record-high for the kingdom, industry sources said Monday.
According to the Ministry of Tourism and Sports, 22.3 foreigners visited Th…
Paris Club creditors have agreed to cancel 50 per cent of the arrears owed by Myanmar in a deal agreed last week in France, state media reported Monday.
The group of 19 creditor countries agreed Friday to "deliver an exceptional treatm…
Junior Achievers Trust International (JATI) has begun a nationwide training seminar to equip students in selected second cycle institutions with entrepreneurial skills and to help them to seize opportunities in their respective environmen…
Despite a slight decline between 2009 and 2010, since 1999 the global land area farmed organically, has expanded more than threefold to 37 million hectares, according to a new research conducted by the Worldwatch Institute.
Regions …
The number of middle-class workers in the developing world has risen sharply over the past decade, potentially creating a much-needed boost to future growth and consumption in these economies.
New figures in the International Labou…
International Labour Organization (ILO)'s new report indicates that there are at least 52.6 million domestic workers work across the world.
The sector grew significantly over the 15 years from 1995 to 2010 by almost 20 million and …
A four-day workshop on sound management practices to aid the improvement of the businesses of small and medium-scale women entrepreneurs has been held in Kumasi for 40 women.
Organised jointly by the Ministry of Trade and Industries …
Italy and other struggling eurozone nations will be forced to leave the euro unless the European Central Bank (ECB) guarantees their debts, former Italian premier and conservative leader Silvio Berlusconi said Friday.
The ECB should "guar…
Global smartphone shipments grew 43 percent annually to reach a record of 700 million units in 2012, with Samsung capturing 30 percent market share worldwide and extending its lead over Apple and others, research data showed on Friday.
…
A Dutch court will on rule on the Shell-Nigeria pollution case on Wednesday, Jan. 30. Specialists think this case could open the door to more compensation claims against international companies. It is the first time in Dutch history that v…
The Mozambican police said on Friday that they are hunting two armed men who raided a central Maputo branch of the Nigerian United Bank for Africa (UBA) and stole 2.8 million meticais (about 100,000 U.S. dollars) on Tuesday. Arnaldo Chefo,…
French Labor Minister Michel Sapin on Friday stressed that the battle against unemployment needed time to be won, reiterating the government's pledge to overturn the rising unemployment curve by the end of 2013.
"This is not a battle…
German business confidence rose for the third consecutive month in January, jumping to a more-than-forecast 104.2 points, the Munich-based Ifo economic institute said Friday.
Analysts had predicted that the closely watched survey would sh…
Japan received nearly 8.37 million visitors from abroad in 2012, up 34.6 per cent from a year earlier, as the nation's tourism industry recovered from the 2011 earthquake, tsunami and nuclear disaster, an industry organization said Friday.…
Over a thousand canvas sheets each measuring 18 square meters were distributed freely to cocoa farmers in Cameroon's Central and Western regions, as the first phase of a campaign to improve the drying of cocoa beans.
The Cameroonian …
Global growth will strengthen gradually in 2013, says the International Monetary Fund (IMF) in an update to its World Economic Outlook (WEO), as the constraints on economic activity start to ease this year.
But the recovery is slow, said …
The National 2012 Open Budget Survey results, was launched on Wednesday in Accra, by the Integrated Social Development Centre (ISODEC), a non-governmental organisation.
The biennial event was done in collaboration with the Institute o…
The global economy is poised for a gradual upturn in 2013 as the constraints on growth gradually ease, but policy complacency should be guarded against as risks remain, the International Monetary Fund (IMF) said in its updated World Econom…
A new World Bank report finds that improvements in border administration and transport & telecommunications infrastructure and services could result in an up to 4.7% increase in global Gross Domestic Product (GDP).
According to the new r…
Simple actions by consumers and food retailers can dramatically cut the 1.3 billion tonnes of food lost or wasted each year and help shape a sustainable future.
This is part of a new global campaign to cut food waste launched by the …
Vodafone has replicated in Ghana its world class standard retail store at Tema to deliver great customer experience on the network at all customer touch points.
"This is the same in terms of Vodafone's global retail standard store in…
Government debt in the 17-member eurozone crept up in the third quarter of last year after the region lurched into recession, data released Wednesday showed.
The European Union's statistics office Eurostat said the average ratio of govern…
The European Union has fined Spanish and Portuguese telecommunications companies Telefonica and Portugal Telecom 79 million euros (105 million dollars) for agreeing not to compete with one another, the bloc's executive announced Wednesday.…
Britain can't "cherry-pick" areas of participation in the EU, German Foreign Minister Guido Westerwelle said Wednesday, and urged the country to stay in the 27-member bloc.
"Not all and everything must be decided in and by Brussels," he s…
The Millennium Development Goal (MDG) drinking water target, which calls for halving the proportion of the world's population that lack sustainable access to safe drinking water between 1990 and 2015, was met in 2010, five years ahead of s…
German engineering giant Siemens said Wednesday that it was sticking to its full-year forecasts despite lower earnings, and a slump in orders during its fiscal first quarter.
The Munich-based group said net profit fell by 12 per cent per …
Swedish furniture retail giant Ikea on Wednesday reported a net profit of 3.2 billion euros (4.25 billion dollars) in 2012, citing continued growth in both mature and emerging markets.
Net profit for the financial year August 2011 to Augu…
Tens of thousands of Slovenian public sector workers went on strike Wednesday, protesting against the government's austerity measures for the second time in less than a year.
Labour unions said Tuesday, after the final round of talks with…
The head of the Italian Banking Association has resigned after being accused of signing murky derivatives deals when he was at the helm of the Monte dei Paschi di Siena (MPS), the country's third-largest bank.
Giuseppe Mussari, 50, tender…
The Ghana Commercial Bank (GCB) on Wednesday unveiled its new logo in Accra to commence the Bank's 60th anniversary celebration scheduled from April to June 2013.
The Diamond jubilee anniversary has the theme ''GCB-60 Years of Servic…
The Microfinance and Small Loans Centre (MASLOC) would this year collaborate with the Ministry of Tourism and the newly created Ministry of Gender, Children and Social Protection to provide employable skills and jobs for the youth.
M…
The Ghana Statistical Service on Wednesday announced an increased of the Producer Price Inflation (PPI) for December 2012, to 17.1 per cent, representing 1.3 percentage points compared to 15.8 per cent in November.
In December 2012, …
The United Nations Development Programme (UNDP) African Human Development report 2012 says Sub-Saharan Africa has the highest prevalence of hunger in the world.
It said until this situation improves, the human development prospects o…
A new World Bank research paper says a wider economic development benefits of high speed rail projects are significant and are worth considering in the evaluation of programs.
It suggests that this is achievable in addition to tradi…
Accra Brewery Limited (ABL) and Voltic Ghana Limited in collaboration with the Engineering Training Centre of AngloGold Ashanti (AGA) has offered practical engineering training to their artisans and apprentices.
The Apprenticeship Tr…
The Young Democrat a Pro-NDC youth group has commended the President for the wise and meaningful choices he has made in nominating his initial batch of Ministers.
They said it is within his remit because article 78 in the 1992 constit…
The Ashanti Regional Manager of the Credit Union Association (CUA), Mr Emmanuel Afrifa, has expressed concern about the high incidence of loans default which he said was affecting the growth of the credit unions.
He has therefore appe…
The Nkoranza South Municipal Assembly, has set revenue mobilisation targets for its revenue collectors to monitor their performances as part of efforts to improve upon revenue mobilisation.
In addition, the Assembly would be compelle…
The International Labour Organisation (ILO) estimates that 73.8 million youth are unemployed globally and the slowdown in economic activity is likely to push another half-million into unemployment by 2014.
ILO report titled: "Global …
Employers who refuse to pay employee salaries by using violence may face imprisonment of up to seven years, the Supreme People's Court (SPC) revealed on Tuesday. A judicial interpretation published Tuesday by the SPC defines that the emplo…
The Ghana Civil Aviation Authority (GCAA) on Monday met with officials of Delta Airlines in a bid to resolve complaints from passengers, stemming from flight delays, cancellations and poor customer service.
The meeting, held at the G…
The Sunyani Wood Sellers Association (SWSA) has called for the establishment of a timber market in the Sunyani Municipality.
It said the market, to be provided with needed infrastructure electricity, access roads, water and facilitie…
Vice President Paa Kwesi Bekoe Amissah-Arthur on Tuesday gave the assurance that Government is looking for ways to generate more power and increase access to small and medium scale entrepreneurs.
This, he said, is to create more jobs…
The Ghana Revenue Authority (GRA) said on Thursday it would intensify its distress action to recover monies owed it by recalcitrant corporate entities.
Mr Samuel Bentil, Chief Revenue Officer GRA, gave the warning after a team of of…
Japanese electronics maker Sony has sold the 37-storey building serving as its US headquarters in New York for 1.1 billion dollars, the company announced on Friday.
After debts and other costs, Sony will book around 685 million dollars…
Germany's second biggest bank, Commerzbank is considering slashing its workforce by between 4,500 and 6,000 as the lender steps up a cost-cutting drive, according to a media report on Friday.
The daily Frankfurer Allgemeine Zeitung report…
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