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Ghana’s major cash crop is cocoa, but the country seems to be losing badly needed foreign exchange from cocoa export as smugglers have become unrelenting in sneaking the product out of the country. In a telephone interview with…

Ghana’s only oil refinery, the Tema Oil Refinery (TOR) intends to build another refinery in the country. The new refinery is expected to increase the refinery’s production capacity to 120,000 barrels a day, as well as turn TOR into the hub…

Ghana and the International Development Association of the World Bank on Wednesday signed six financing agreements totalling $313.3 million to support various sectors of the economy. The support in the areas of energy, social services,…

The Ghana Pentecostal Council (GPC) on Wednesday expressed concern about the verbal attacks on the Judiciary following recent losses of high profile cases brought by the Attorney General against former officials in the erstwhile New…

Gold rebounded from lows on Thursday as bargain hunters resurfaced after prices struggled to revisit a lifetime high set in June, although firmer equities were likely to cap gains. Asian stocks edged up to track a small rally on Wall…

Projected U.S. economic growth for the rest of this year and next was revised down for a third month in a row by a panel of about 50 economists. The latest Blue Chip Economic Indicators report on Thursday said the weaker outlook for…

The world's biggest mobile fair will host its first event for Apple developers next year in a sign of Apple's huge influence over the industry, even though the company itself has never participated in the show. Mobile World Congress, which…

Unveiling new technology that it called "a fundamental shift" in Internet search, Google this morning demonstrated "Google Instant," which streams results onto the screen even as users begin to type in a query. The new technology means…

The Government lost more than £200m on excess stocks of swine flu vaccine and antivirals, department figures show. Accounts from the Department of Health reveal £128m was lost on surplus swine flu vaccine purchased last year. A total of…

President Barack Obama strongly defended his opposition to extending Bush-era tax breaks for the wealthiest Americans on Wednesday and delivered a searing attack on Republicans and their House leader for advocating "the same philosophy…