Lufthansa Passenger Airline Group has won this year's top ranking at the World Airline Awards by Skytrax.
Lufthansa and Swiss International Air Lines as well as their respective hub airports in Munich, Germany and Zurich, Switzerland…
The GSE All-Share Index closed Wednesday's session lower by 92.03 points to 7,093.02 points.
Traded volumes closed the session over 1.8 million shares valued at GH�1.02 million.
On the broader market, there were twelve price ch…
The Management of Zain Ghana on Wednesday announced the extension of its "Live Your Dream Promotion" by three more weeks instead of the first week of June.
A statement signed by Mr Henking Adjase, Public Relations Coordinator of the …
The management of Cofieco and Huang Limited, an automobile marketing company in Accra, has launched the BYD FO saloon car onto the Ghanaian market to solve transportation needs of low income earners who want to own a car.
The BYD FO …
The following are the average inter-bank exchange
rate of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers on Tuesday, June 1, 2010.
GHANA CEDI EQUIVALENT OF…
While consumers are agitating for better quality service from telecom operators, some service providers and telecom experts have predicted that call quality would even become worse when the government's inbound international calls monitori…
Vodafone Ghana has cautioned the government against allowing a private foreign company to monitor inbound international calls for revenue, saying the move could compromise national security and the privacy of mobile phone users.
In a…
It was a colourful reception for President Pratibha Patil at the Indian pavilion, which has designed the world's largest bamboo dome at the Shanghai Expo 2010, where a visual treat of a collection of classical dance forms like Bharatnatyam…
The Emergency Rice Initiative (ERI) has organised a Seed Fair at Kpongu in the Wa Municipality as part of preparations towards this year's farming season.
The objective was to create a linkage between small scale rice farmers and inp…
In the first high-level visit from India, a delegation led by a senior government official and including top executives from leading companies Sunday embarked on a six-day tour of Taiwan to explore business opportunities.
Amid Taiwa…
The United Nations has hailed India for leading the economic recovery in South Asia and said the impressive growth in the country along with that in China is expected to result in a 1.5 per cent increase in global demand for oil during the…
Bolstered by a 7.4 per cent growth rate in 2009-10, Finance Minister of India Pranab Mukherjee Monday exuded confidence that the economy would expand by over 8.5 per cent in the current fiscal.
"... on the whole it is 7.2 per cent p…
The Awutu Emasa Rural Bank at Awutu Beraku, in the Central Region, has declared a profit before tax of GHC142, 487.00 for 2009 as against GHC 94,279 in 2008.
The total income of the bank also grew to GHC723,741 in 2009 from GHC519,56…
Cheering the robust economic growth numbers, the stock market benchmark Sensex moved up 81 points Monday to record its fourth straight session of gains.
Analysts said the upbeat gross domestic product data for the quarter and fiscal…
A workshop to address the problems of low productivity and cocoa quality in 14 cocoa growing countries across Africa, Asia and Latin-America opened in Accra on Monday.
Known as the biodiversity project, it aims to ensure sustainable …
India's per capita income grew by 10.5 per cent to Rs 44,345 in 2009-10 against Rs 40,141 in
the year-ago period, according to the government data.
The per capita income was slightly higher than Rs 43,749 as calculated by the Cent…
Gold prices fell by Rs 65 to Rs 18,725 per ten grams in the Indian capital Monday on emergence of selling by stockists at existing higher levels
amid a weakening global trend.
The trading sentiment for the precious metal turned bea…
India's economy grew by a better than estimated 7.4 per cent in 2009-10 on the back of double digit expansion in manufacturing sector and not so dismal showing by farm sector.
In fact, the economy grew by a robust 8.6 per cent in th…
Driven by a robust performance by the manufacturing sector, the Indian economy grew by 8.4 per cent in the last quarter of 2009-10, pushing up the overall growth to a better-than expected 7.4 per cent.
The manufacturing sector grew …
Business representatives of India and China signed three MoUs Monday to expand cooperation, under which leading Indian firms Infosys and
Wipro committed to undertake projects in the world's fastest growing economy.
Wipro signed an ag…
President of India Pratibha Patil Monday concluded her first state visit to China asking business leaders of the two Asian giants to develop "models of cooperation" that will address concerns of both sides to forge a long-term partnership …
Dr Joseph Abbey, Executive Director of the Centre
for Policy Analysis (CEPA), on Friday said government should make hard choices ahead of commercial oil production later this year to make it beneficial to all Ghanaians.
"Let us not…
rLG Communications, Ghana's first mobile phone assembling company, has started operations in the country with a promise to give jobs to 30,000 youth from the National Youth Employment Programme by the close of the year.
Mr Roland Agam…
The United States on Friday said India, Brazil and China need to play a more "responsible" role at the Doha Round of Talks of the World Trade Organisation, commensurate with the benefits they have realised from global liberalisation over t…
Dr Benjamin Aggrey Ntim, former Minister of Communication, has called for the development of inter-country platforms to promote trade and spread the use of e-commerce operations, especially in the Small and medium scale enterprises and agr…
Barclays and International development organisations, Plan and CARE International on Friday launched 'Banking on Change', a microfinance initiative, for about 63,000 people in Ghana.
The 10 million-pound programme to be run for the n…
The Kwanim Ghana-Denmark mechanized farm, a joint private Ghana and Danish venture company, is to cultivate 1,000 hectares of maize farm at Kwanim village in the Kwahu North District.
Already 450 hectares of maize, 60 hectares of Soy…
Gold prices rebounded by Rs 115 to Rs 18,790 per ten gram in the bullion market here Saturday on aggressive buying by stockists and jewellers for the ongoing marriage season amid a firming global trend.
The precious metal gained USD…
The Ghana Community Network Services Limited (GcNET) has been given due authorisation to deploy the valuation module in the Ghana Customs Management System (GCMS) from June 1.
The deployment of the module, which has not been activate…
Civil Society Organizations (CSOs) in the three Northern Regions have appealed to Government to as a matter of urgency construct a policy on the Shea nut industry with the view to making it more viable.
Members of the CSO stressed th…
The Indian government Saturday said the economy has weathered the global financial crisis
well and is likely to revert to nine per cent growth next fiscal.
After laying the foundation stone for the Rs 790-crore ESIC Medical Educatio…
The world's largest retailer Wal-Mart has solicited support from the US government for entering the multi-billion dollar Indian retail market, where foreign investment norms are posing hurdles to its entry.
The US-based Wal-Mart Sto…
India Friday impressed upon important WTO members, including the US, that reaching a multi-lateral agreement for opening the trade is essential to strengthen the global economic recovery.
The point was driven home by Commerce and In…
Food inflation in India eased marginally to 16.23 per cent as of May 15 on cheaper food grains, but held out above the 16 per cent mark for the fifth
straight week due to costlier fruits and vegetables.
In the week ended May 8, foo…
The Ministry of Tourism in partnership with the Ghana Investment Promotion Centre on Friday launched the International Tourism Investment Forum with the aim to boost and lift domestic and
international tourism in Ghana.
The forum s…
The first ever International Women's fair is underway in Accra to offer the platform for women to showcase their works and contributions to national development.
The fair, being organised by the Creative Trends, local a Non Governme…
Mr. Kurt Cornelis, head of operations of the European Commission (EC), on Thursday said that the Commission would continue to support the development of developing countries including Ghana, to reduce poverty by half by 2015.
He said…
A report by the Ministry of Women and Children Affairs has indicated that a total of 735 cases of domestic violence were recorded nationwide between 2002 and 2009.
Child abuse and sexual abuse were found to be 243 cases, 155 cases for…
The mining sub-sector grew at a remarkable rate of eight per cent in 2009 compared to 5.5 per cent recorded in the previous year.
According to Ghana Statistical Service (GSS) and the Ministry of Finance and Economic Planning the coun…
India Friday treated the visa row with Canada as a "closed chapter" after the latter expressed regrets over the foul language used by some of its officials
against Indian security and intelligence institutions.
"We have received a …
As India and the United States head towards their first-ever Strategic Dialogue, a top American corporate leader has said the commercial relationship between the two countries has never been better.
"The US-India commercial relation…
The Domestic Trade Division of the Ministry of Trade and Industry and Public Procurement Authority would roll out education and training programmes, to equip the private sector on issues and processes of procurement.
The programme wo…
In a breakthrough in the government's efforts to track down black money held by Indians in foreign banks, Germany has given Indian authorities a list of some 50 individuals who have now been sent notices for tax evasion.
Highly plac…
The United Nations has projected a growth of 7.9 per cent for India in the current fiscal as it hailed the country along with China for leading developing nations to recovery from the worst economic downturn since World War II.
In …
Mr George Smith-Graham Chief Executive officer (CEO) of the Fair Wages and Salaries Commission (FWSC) on Thursday said the commission would meet its deadline in the implementation of the Single Spine Salary Pay Policy (SSPP).
"We are…
The Ministry of Trade and Industry (MOTI) is to collaborate with the Ministry of Food and Agriculture (MOFA) to promote pineapple production in the country.
Under the arrangement, both ministries would run an out-grower's scheme to s…
Ghana Dot Com Limited, a descendant of Network Computer Systems, has become the third company in Africa to be accredited Registrar of Internet domain names in the generic Top Level Domain (gTLD) names registries.
The accreditation aw…
Gearing up for the South West Monsoon which is not far away, Kerala's Ayurveda and Tourism industry is all set to woo tourists with rejuvenation packages and never before offers to beat the lean rainy season.
Monsoon is an apt time to…
The acquisition of iron mines in Madagascar by Chinese companies is unlikely to affect Indian
ore exports to China, as the bulk of Indian exports consist of high quality ore, which is only available in Australia and Brazil, besides India.…
The GSE All-Share Index closed the week with a gain of 59.35 points as seven equities rallied to push it up.
The Index ends the week up 7,130.15 points from 7,070.80 points.
Traded volumes closed the session at 650,988 shares val…