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Finance Minister Dr Kwabena Duffuor on Wednesday attributed the continuous decline in the rate of inflation to prudent management of the economy. Inflation rate for December fell to 8.58 from 9.08 in November 2010. “The steady decline…

Vice President John Dramani Mahama in a consultative meeting with organized labour, industry and other stakeholders on Wednesday came up with measures that would ameliorate the plight of Ghanaians, following the recent fuel price…

The Presbyterian Church of Ghana (PCG), has instituted legal action against the Kwahu West Municipal Assembly at the Nkawkaw High Court. The Church took the action following a technical advice the assembly gave towards the construction of…

Ghanaian peasant women farmers and traders lead the queue of cervical cancer sufferers in the country, statistics at the country’s two leading health facilities had revealed. Forty seven point eight per cent (47.8%) of women diagnosed of…

China's rapid growth should slow to 8.5 percent this year from 10 percent in 2010 but the world's second-largest economy will remain the focus of Asia's expansion, the World Bank said Thursday. In a report on the global outlook, the bank…

Oil extended gains on Thursday to hold under $92 a barrel, buoyed by signs of higher demand after U.S. crude stockpiles fell more than expected and a cold snap swept through the U.S. Northeast, the region's largest heating oil market.…

The euro was stable on Thursday and could head higher if Spain and Italy like Portugal also find decent demand for their debt, while U.S. oil prices marched above $92 a barrel, potentially straining consumers watching food prices climb.…

U.S. housing prices overall are expected to hit bottom by spring 2011 and begin a gradual rise in 2012, Frank Nothaft, chief economist and vice president of housing lender Freddie Mac said on Wednesday. "I do think we'll see these housing…

President Obama, facing the challenge of consoling Arizona and uniting the nation, urged Americans on Wednesday not to point fingers of blame but to "expand our moral imaginations" and to "sharpen our instincts for empathy." Speaking at…

Swedish based telecommunications company Rebtel have announced news that will bring New Year cheer to many of their customers seeking cheap calls to Ghana. As of January 2011, Rebtel’s call rates, already amongst the best in the industry,…