Ghana Business News - The first place for your business news

Recent comments, by functionaries of the new government as well as other notable institutions, such as the World Bank, paint a rather poor picture about the state of Ghana's economy that it is worse than hitherto thought. The World Bank…

Arguably, the Ghanaian economy was more macroeconomically stable in the last eight years than the preceding one. To explain, annual inflation from 2001 to 2008 ranged between 32.9 percent (recorded in 2006) and 11.0 percent (recorded in…

Organised labour Monday January 19, 2009 expressed surprise at the proposed salary increases of between 16.5 and 34 per cent announced by the previous government a day before the current administration was sworn in. Describing its members…

Top officials from Ivory Coast's cocoa industry detained under a corruption probe ordered by President Laurent Gbagbo have complained of human rights violations, their lawyer said Monday. Narcisse Aka said in a statement he had filed a…

A former Member of Parliament, Lee Ocran, who is also a member of the Transitional Team, says Parliament never discussed the end-of-service benefits for ex-presidents, which is now subject of hot debates in the country. “The issue was not…

Ghana’s timber export permits have taken a slight fall in the third quarter of 2008. According to data provided by the Timber Industry Development Division (TIDD) of Ghana’s Forestry Commission (FC), the number of export permits vetted,…

Hopes that Barack Obama can improve US ties with the rest of the world have grown even stronger in the run-up to his inauguration as president, a poll said Tuesday. But having such high expectations overseas presents Obama with a tough…

The Ghanaian-based Youth Aid Foundation for Winners (YAFOW) has received financial support from the London-based Commonwealth Telecommunications Organisation (CTO) to facilitate a feasibility study toward the establishment of an…

Women may be less able to control their cravings for their favorite foods than men, according to a new study that documents gender disparities in how people suppress their desires for food - a fact that could help explain women's higher…

Barack Obama stood at the threshold of the White House on Monday, summoning fellow Americans to join him in service as tens of thousands flocked to the nation's capital to celebrate his inauguration as the first black president.…