TUC to battle delays of new pension scheme

The Ghana Trades Union Congress (GTUC) says it would battle any attempt to delay the implementation of the New Pensions Scheme, “whether it came from government or the Social Security and National Insurance Trust (SSNIT)”. Speaking to the…

Nigeria cuts interest rate to 6%

Nigeria, Africa’s top oil producer, cut its benchmark interest rate by 2 percentage points to boost bank lending and ease the economic slowdown. The Monetary Policy Rate was lowered to 6 percent, Governor Lamido Sanusi said in Abuja today…

Asian stocks fell for sixth day

Asian stocks fell for a sixth day, led by finance and mining companies, as an unexpected drop in Japanese machinery orders fanned concern a global economic recovery will falter. Mitsubishi UFJ Financial Group Inc., Japan’s biggest publicly…

Michael Jackson memorial moments

All eyes were on L.A. as fans, famous friends and family gathered to honor Michael. USA TODAY reflects on memorable moments. Hear the sadness in her voice Mariah Carey set the stage for a succession of reverent musical tributes with a…

Ghana to buy Kosmos Energy’s Jubilee stake

Ghana is interested in buying Kosmos Energy’s stake in the Jubilee oil field, the Bloomberg news service has reported. According to the report the state-owned oil and gas company, the Ghana National Petroleum Corporation (GNPC), may buy…