
Moody's Upgrades Ghana Credit Rating to B3 Following Fiscal Reforms
Moody's Ratings has upgraded Ghana's sovereign credit rating to B3 from Caa1, citing fiscal discipline and lower borrowing costs in its October 2026 assessment.
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Moody's Ratings has upgraded Ghana's sovereign credit rating to B3 from Caa1, citing fiscal discipline and lower borrowing costs in its October 2026 assessment.

GoldBod has sold US$255 million to commercial banks through its GoFX platform since October began, part of a wider plan to ease dollar pressure ahead of the Christmas season.

The National Petroleum Authority has released new ex-pump price floors for petrol, diesel, LPG and other products covering October 16 to 31, 2026, directing OMCs to comply.

COPEC wants local refineries to pay for crude oil in cedis instead of dollars, arguing the switch would ease pressure on Ghana's foreign exchange market and protect the currency.

IEA Executive Director Fatih Birol has urged member governments to accelerate diesel releases ahead of the October 15 Governing Board meeting, as global diesel markets tighten further.

Finance Minister Dr Cassiel Ato Forson leads Ghana's delegation to the 2026 IMF and World Bank Annual Meetings in Bangkok, joined by Bank of Ghana Governor Dr Johnson Pandit Asiama.

The Ghana Chamber of Mines says the state’s special share power already exists under Act 703 and has called for clarity over differing 15 year and 20 year mining lease positions.

Professor Godfred Bokpin says Ghana’s planned BRICS membership could create new opportunities but will not replace the domestic reforms required to build a competitive economy.

Ghana’s Minerals Commission has suspended operational activities under Goldcoast GRC Ghana Limited’s offshore reconnaissance licences pending broader stakeholder consultations on environmental, ecological and social concerns.

Ghana Gold Board has sold about US$125 million to commercial banks in its first foreign exchange auction under the new GoFX spot sales framework.

Ghana’s inflation rate increased marginally to 5.2% in September 2026 from 5.0% in August, with services, housing and locally produced items driving price pressures.

Tullow Oil has begun selling crude from the Jubilee and TEN fields to refineries in Ghana, with Sentuo Oil Refinery taking the first cargo earlier in 2026.