Today's Ghana Business, Banking and Economic news

Ghana scooped all $221.4 million tendered for a three-year domestic dollar bond at a 6.25 percent yield on Thursday, boosting the government’s plans to explore local funding sources, arrangers said.

A seven member Board of the Ghana Statistical Service(GSS) has been inaugurated at a ceremony held at the Ministry of Finance.

The World Bank has published Vice President Dr. Mahamudu Bawumia’s academic paper on Ghana’s oil.

The Petroleum Commission is to begin a crackdown on companies engaged in transfer pricing in the country’s oil and gas sector.

The debt owed banks in the country by Bulk Oil Distribution companies (BDCs) is expected to reduce significantly in the course of the week.

The National Petroleum Authority (NPA), has hinted at a likely increase in the prices of LPG products as government prepares to implement the Cylinder Re-circulation policy.

Ghana’s inflation rate declined marginally during the month of October , bringing the new year-on-year average to 11.6%.

The German government has committed to providing funding to support Ghana’s renewable energy development.

The European Union (EU) has lifted its ban on five of Ghana's vegetables exported to the Market.

Ghana has been selected among the first five beneficiary countries of World Bank’s Smart Campaign.

Some thirty-nine leading businesses and investors are expected to join Her Majesty the Queen of Denmark as part of a two-day State visit to Ghana from November 23 to 24.

The initial energy bond issue finally came to a close last weekend with returns rather below expectation despite a last minute extension of the auction by an additional week.

The International Monetary Fund (IMF) is expected to disburse the 5th tranche of the Extended Credit Facility (ECF) to Ghana within the coming weeks.

The U.S.-based International Consortium of Investigative Journalists (ICIJ), the publishers of the high-profile Panama Papers leaks, published another database — The Paradise Papers — on Sunday revealing offshore accounts of "some of the world’s most powerful people and companies."

Ghana’s market is reportedly flooded with fake electrical cables that enter the country through various import sources. This follows the report of a last weekend’s survey conducted by the Ghana Standard Authority (GSA).