Rwanda: Central bank predicts healthy economic growth in 2018
Rwanda’s economy will grow 6.5 percent in 2018, the central bank of the East African nation said on Tuesday. According to John Rwangombwa, governor of […]
Central bank
Gambia to change currency with Jammeh’s head
Gambia’s Central Bank will phase out local currency – the dalasi – which has the head of former President Yahya Jammeh as of February, Africa […]
South Africa’s April inflation falls to 5.3 percent
Consumer Price Inflation (CPI) decelerated from 6.1 percent, year-on-year in March to 5.3 percent in April, Statistics South Africa announced on Wednesday. The South African […]
Uganda’s Economy Worsens as Inflation Rises to 5.7%
The statistics office in Uganda on Friday said inflation rose to 5.7 percent year-on-year in December from 4.6 percent last month in the East African […]
South Africa: Price Hike at Gas Stations as of Next week
The energy department of South Africa on Friday said all grades of petrol will increase next Wednesday in the Southern African nation. The retail price […]
Egypt Closes 48 Forex Bureaus as Black Market Surges
Egypt’s central bank has reportedly closed 48 foreign exchange bureaus since the start of the year for trading at black market rates and other violations, […]
Ghana’s Growth Perspective Positive – Central bank
The central Bank of Ghana on Tuesday said the west-African nation’s growth outlook is broadly positive. Ghana’s economy expanded 3.9 percent last year, about the […]
Bank of Ghana New Governor Pledges to Cut Inflation
By Emmanuel Vitus, Accra. The newly appointed Governor of the Bank of Ghana (BoG) Abdul Nasir Issahaku on Monday vowed to reduce the West-African nation’s […]
Egypt: Central Bank seeks compromise with Chamber of Commerce
Crisis surrounding the Egyptian pound is increasing and calls for the devaluation of the currency is getting louder as businessmen struggle to obtain foreign currency […]
Zimbabwe secures $200 mln from Afreximbank to import maize
Zimbabwe has secured a $200 million loan from Africa Export and Import Bank (Afreximbank) to import maize in 2016, as 10 percent of the population […]