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An earth-breaking ceremony to be performed by President John Evans Atta Mills to formally commence works on the University of Health and Allied Sciences in the Volta Region has been fixed for Monday, February 7. Colonel Cyril Necku,…

World shares moved higher Tuesday after overnight gains on Wall Street offset worries about political unrest in Egypt and the prospects of an imminent interest rate hike by China's central bank appeared to fade. Oil prices hovered near $92…

Chelsea have broken the British transfer record by paying a reported £50m to seal the capture of striker Fernando Torres from Liverpool. The 26-year-old Spain international signed a five-and-a-half-year contract with the Blues. "This is…

The government should delay some spending cuts planned for this year because of a weak economy, and balance future fiscal consolidation more towards tax rises, a leading economic think tank said on Tuesday. The assessment by the…

BP PLC announced Tuesday it is resuming dividends for the first time since the Gulf of Mexico well disaster, as the oil company reported a 30 percent gain in fourth-quarter profits which fell short of reversing a full-year loss. BP said it…

Oil and gas companies have injected more than 32 million gallons of fluids containing diesel fuel underground without first getting government approval as required, a report by congressional Democrats said Monday. Lawmakers said the use of…

Ghana’s economy has been said to be biased towards a weak cedi due to fears for the economic phenomenon known as Dutch Disease, following the commercial production of oil in Ghana in December 2010. In a report tilted ‘Ghana’s 2011 economic…

The President of the Tour Operators Union of Ghana (TOUGHA), Mr Gordon Adoboe, has stated that the union will take advantage of President John Evans Atta Mills' declaration of this year as 'Action Year' to invigorate the tourism industry…

The first commercial oil produced from Ghana's Jubilee field was within budget, says Tullow Oil. According to Tullow Oil the first successful oil production which was achieved on schedule within 40 months of discovery was also within…

International cocoa prices are rising after a call for a ban on cocoa from Cote d'Ivoire. Civic organisations are asking chocolate manufacturers to take up their responsibilities as many of these companies are not transpar­ent on where…