
Ghana Reference Rate Falls to 10.04% in October 2026
The Ghana Reference Rate has declined to 10.04% in October 2026 from 10.18% in September, extending an easing trend that could lower borrowing costs for businesses and households.
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The Ghana Reference Rate has declined to 10.04% in October 2026 from 10.18% in September, extending an easing trend that could lower borrowing costs for businesses and households.

The World Bank has kept Ghana’s 2026 growth forecast at 4.8%, with services, ICT and recovering oil and gas production expected to support economic activity.

PURC has facilitated the replacement of 10 damaged and overloaded transformers across the Central Region, targeting improved electricity supply for about 61,000 customers.

Ghana Stock Exchange turnover climbed to GH¢17.65 million on October 5 as MTN Ghana accounted for nearly 88% of traded value, while seven equities closed higher.

Bank of Ghana bills sales surged to GH¢10.52bn on October 5, up 61% from the previous tender, with the interest rate holding near 10.5% despite the sharp volume increase. Focus Keyword: Bank of Ghana bills

Fitch Solutions expects Ghana’s average inflation to rise from 4.7% in 2026 to 11.3% in 2027, potentially forcing the Bank of Ghana to raise its policy rate by 200 basis points.

ACEP Executive Director Benjamin Boakye says Ghana’s victory in its tax arbitration with Tullow should reinforce revenue collection without damaging the commercial relationship or investor confidence.

Oil prices edged lower on Friday, with Brent at US$101.61 and WTI at US$92.02, as improving Middle East supplies offset renewed concerns over US-Iran tensions.

The Ghana Stock Exchange has admitted a GH¢3.15 billion four-year Government of Ghana bond to the Ghana Fixed Income Market, with maturity set for September 2030.

COMAC CEO Dr Riverson Oppong is urging government to temporarily freeze some fuel taxes and levies and consider using additional crude oil revenue to cushion Ghana’s downstream petroleum sector.

SSNIT has increased its stake in Société Générale Ghana from 19.36% to 24.36% following the acquisition of the bank’s controlling interest involving Attijariwafa Bank.

COMAC projects increases in petrol, diesel and LPG prices from October 1, 2026, as higher global petroleum prices and cedi depreciation increase pressure on the domestic market.