The following is 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 Wednesday, June 15, 2011.
GHANA CEDI EQUIVALENT OF CURRENC…
Once struggling for survival following the eruption of militancy, the industries sector in north Indian state of Jammu and Kashmir is slowly shown signs of recovery, with most public sector undertakings registering profits for the first ti…
Headline inflation in the country went up to 9.06 per cent in May on the back of rising manufactured products and petrol prices, which is expected to prompt the Reserve Bank to go for another rate hike at its mid-quarterly policy review me…
Ailing Air India's turnaround plan, including restructuring of its massive debt, would come up before a Group of Ministers for approval in a few weeks.
"The turnaround plan has been approved by the bankers.
... Now it needs to go to …
France's Christine Lagarde and Mexico's Agustin Carstens were Tuesday short listed to lead the International Monetary Fund, while Israel's Central Bank Chief Stanley Fischer, a last minute entrant in the fray, was ruled out on age ground.
…
China's monthly exports of passenger cars rose to its record high last month, indicating growing demand for Chinese cars from overseas, an industry report showed Tuesday.
According to the report by the China Association of Auto Manufac…
Dismissing concerns that March's devastating earthquake would weigh on Japan's consumer spending, LG Electronics Inc. said Tuesday that it is targeting 25 percent growth in annual mobile phone sales in Japan this year.
LG, which shippe…
South Korea's arms procurement agency said Tuesday it has been in discussions with the Iraqi government to sell its T-50 supersonic trainer jets to the Middle Eastern country.
A team of Iraqi government delegates is scheduled to visit …
China's consumer prices rose 5.5 percent in May from a year earlier to a 34-month high due to soaring food costs, government data showed Tuesday.
Last month's growth in the consumer price index (CPI) was up from a 5.3 percent gain in A…
Kosmos Energy has said it will list on the Ghana Stock Exchange before the end of this year to raise about $50 million to enable it to fund development of its oil operations in the country.
Briefing journalists in Accra on Tuesday, K…
The annual rate of inflation fell to 8.90 percent in May from 9.02 per cent in April on the back of lower food prices, the Ghana Statistical Service (GSS) said on Wednesday.
Announcing the figures at a press conference in Accra, Gove…
Assembly members have been advised to cooperate with traditional rulers, members of Parliament, district coordinating directors and presiding members to ensure effective local governance administration.
Mr Sylvester Noumah Daddieh, t…
Government on Tuesday condemned its critics who claim that statistics from a recent poll suggested that Ghanaians fared better under the former administration than the present one, describing their assessment as “intellectual dishonesty of…
Northern Alliance for Better Ghana (NAFBEG), an NDC group, has asked former President Jerry John Rawlings to apologize to president Mills and the NDC fraternity for accusing the Mills government of embezzlement.
A press statement, is…
U.S. President Barack Obama promoted job creation in politically crucial North Carolina on Monday, as he prepares for the 2012 re-election campaign.
Speaking at a lighting plant in Durham, Obama called for training 10,000 engineers every …
Jordan's government spokesman Taher Adwan, denies reports of an attack against King Abdullah's motorcade, while on an official tour in the southern city of Tafilah.
Adwan said, "After the king and his convoy left, some citizens were tryin…
Germany's foreign minister has visited the rebels' eastern stronghold of Benghazi. His country has now officially recognized Libya's rebel council as the legitimate representative of the Libyan people.
Republican candidates Monday night attacked President Barack Obama in a major televised debate, and Minnesota Congresswoman Michele Bachmann grabbed the spotlight by announcing her candidacy on stage.
"I filed today my paperwork to seek t…
David Headley, who has pleaded guilty to charges of his involvement in the Mumbai terror attacks, would testify against his Pakistani handlers, Illyas Kashmiri and Sajid Mir, a US attorney has said.
Headley will testify in any future …
Tunisia's Interim Prime Minister, says former president Ben Ali, who fled to Saudi Arabia in January, will be tried in absentia on June 20th.
Tunisian authorities, have been preparing several legal cases against him, including conspiring …
Australia has withdrawn a map of India, posted on its immigration department website which omitted the border States of Jammu and Kashmir and Arunachal Pradesh, following strong protests from the Indian community in the country.
The m…
LeT used videos of the 2002 Gujarat riots to motivate David Headley, a co-accused in the 26/11 attacks, to carry out "jihad" against India, indicating how the incident is being used as a major recruiting tool by the banned Pakistani milita…
South Korea and the North Atlantic Treaty Organization (NATO) will hold their fourth annual policy consultations in Brussels Tuesday to discuss cooperation in regional and global security issues, the foreign ministry here said.
Though …
North Korea has leased a pier on its port located near China and Russia to Switzerland, a source said Tuesday, citing an unidentified Chinese government official.
North Korea has already leased two other piers on Rajin port to China an…
The Concerned Youth for Convention People’s Party’s Renaissance on Wednesday called on the party leadership to immediately make public the detailed timetable for the National Delegates’ Congress to elect National leaders of party slated te…
A four-member delegation of the Youth Wing of National Democratic Congress (NDC), led by the National Youth Organiser, Ludwig Akpene Hlodze, left Accra on Tuesday to attend the Youth League Congress of the ruling African National Congress …
Nigeria’s television goddess, Genevieve Nnaji will appear on etv Ghana’s 100 degrees for an hour of interesting dialogue between her and host of 100 degrees, John Osei Tutu Agyeman. Her appearance on 100 Degrees on etv Ghana this Thursday …
Ghana’s all round entertainment destination, Silverbird Entertainment Ghana Limited guarantees an exciting weekend for all movie enthusiasts at the Accra mall this coming weekend. On Friday 17th June 2011, Silverbird Cinemas will host one …
A Kumasi Circuit Court has sentenced two motorbike thieves to a total of 36 months imprisonment in hard labour.
Kwame Owusu, 18, and Ahmed Mohammed, 21, pleaded guilty to conspiracy, unlawful entry and stealing.
They would each…
The Evangelical Presbyterian (E.P) Church of Ghana, is to promote the formation of Eco-Clubs in all its Unit schools throughout the country.
The church would undertake the exercise in collaboration with the Alliance of Religions and C…
Mr Ofosu Ahenkorah, Executive Secretary of Energy Commission, on Tuesday called for collaborative efforts by all stakeholders to enforce the ban on importation of used refrigeration equipment into the country.
He said most imported r…
Mining companies operating in Ghana should stop human rights abuses – killing and maiming people and destroying their houses, crops, fishponds - in mining communities, WACAM, human rights and mining advocacy nongovernmental organisation (N…
The National Chairman of the District Directors of Health Services Group, Dr Kofi Setheland, has expressed optimism that the country’s oil and gas revenue would help to improve health delivery.
He noted that if government infuses oil…
Some District Directors of Health have expressed concern that inadequate resources are hampering quality health care delivery at the district level.
They complained about inadequate staff, office accommodation, funds and other constr…
Mr. Abdullai Haruna, Dormaa Municipal HIV/AIDS Focal Person, has urged actors, activists and change agents in the fight against HIV and AIDS to make their programmes culturally-friendly.
He made the call when he met Non-Governmental,…
The World Health Organization (WHO) estimates that 66 per cent of deaths from chronic Non-Communicable Disease (NCD) occur in developing countries.
Mr. Abraham Arthur, Director of Communication for Health Promotion Watch Ghana, has c…
The Chief Justice, Mrs Justice Georgina Theodora Wood, would pay a working visit to the Togolese Constitutional Court from Tuesday, June 14 to Thursday, June 16.
A statement issued by Mrs Grace A. Tagoe, Director of Communications fo…
Pentecost University College (PUC) on Tuesday inaugurated a committee charged to study the feasibility of the establishment of a Faculty of Law, advice on infrastructure and determine admission requirement into the various programmes.
…
Digital services made available by satellite to all four corners of the world are recognised as powerful engines driving economic and social progress. To continue to propel forward the expansion and democratisation of the Information Socie…
Confidence, one of Ghana’s representatives in the Big Brother Amplified house will be returning to Ghana tomorrow at 5pm from South Africa after a grueling two days of continental interviews. In an interview on Joy FM the day after her ev…
Mr Seth Alifui, Kadjebi District Chief Executive, has said that illegal chain-saw lumber operators in the area should consider abandoning their activities or face the law.
He warned truck owners of huge penalties, when such trucks fo…
The Tema Metropolitan Office of the National Disaster Management Organisation (NADMO), has donated relief items worth GH¢38,000 to victims of a recent flood that hit Tema Manhean.
The items included 200 roofing sheets, 14 bales of…
The Ghana Registered Nurses Association (GRNA) has asked the government to resolve all challenges and place all nurses and midwives on the Single Spine Salary Structure (SSSS)latest by the end of July 2011.
The Association therefore…
Vision for Alternative Development (VALD),a non-governmental organisation (NGO) to promote community health advocacy was inaugurated on Tuesday as a branch of the Community Forum Support Team (CHEST) at Mamobi in Accra.
The CHEST is …
Northern Ghana would be cloudy with isolated thunderstorms on Wednesday morning, according to the weather forecast issued by the Ghana Meteorological Agency.
It said the sky would, however, be partly cloudy over the forest and coasta…
A 40-year-old farmer of Likpe-Mate, Prosper Kodjo Honu, has defiled a seven-year-old girl and an eight-year-old girl, and has been arrested by the police.
Mr Kwabena otuo Acheampong, Hohoe Municipal Police Crime Officer, told the GN…
The Tema Police Command has pleaded with staff of health institutions and herbal centres to report to the police any person who visits their facility with a gunshot wound.
This followed the escape of three suspected robbers who su…
At least 200 people, mostly children, have been taken to hospitals after allegedly suffering from food poisoning at a birthday party in the northern Philippine province of Bulacan, local newspaper Manila Bulletin reported Tuesday.
Most of…
India Tuesday welcomed the release of six of its sailors held captive by Somali pirates on board a hijacked merchant vessel.
"We are happy they have been released and the ship is now moving out," External Affairs Minister S M Krishna …
India Tuesday downplayed apprehensions that a dam being constructed by China on river Brahmaputra will affect the country, saying the project is not a cause for "immediate alarm".
"It is a fact that China is constructing a dam at Zang…
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