Governor of the Bank of Mozambique says restrictive policy has eased inflation
The governor of the Bank of Mozambique said on Wednesday November 1st that the current slowdown in inflation was the result of the “restrictive monetary […]
Inflation
Inflation surges to 5.4% in South Africa, exceeding expectations
South Africa’s annual inflation rate rose for the second consecutive month in September, reaching a three-month high of 5.4%, according to the latest data from […]
Nigeria: Tinubu announces measures to offset rising cost of living
Nigerian President Bola Ahmed Tinubu announced on Sunday October 1st a temporary increase in the minimum wage for the lowest-paid workers and cheaper public transport, […]
Egypt to elect new President in early December 2023
Egypt’s presidential election will be held from December 10 to 12, rather than in the spring of 2024 as the Constitution allows, a deadline shortened […]
IMF should return to Angola to help with reforms and control the kwanza
The president of the Angola-Brazil Chamber of Commerce (CCAB) on Thursday August 24 called for the return of the International Monetary Fund (IMF) to Angola […]
Angola: Inflation to reach 13% this year – Standard & Poor’s
Financial rating agency Standard & Poor’s predicts that Angola will reach the end of the year with average inflation of 13%, falling to 10% the […]
Angola recorded inflation of 12.12% in July
Angola recorded inflation of 12.12% in July, which represents a decrease of 9.28 percentage points compared to that observed in the same period of 2022, […]
Sierra-Leone: Police announce the arrest of several people for an alleged plot
Sierra Leonean police claim to have arrested “several” people, including army officers, who were planning violent attacks a year after the deadly riots in August […]
Central Bank keeps interest rate in Mozambique at 17.25%
The Monetary Policy Committee (CPMO) of the Bank of Mozambique decided on Wednesday July 26 to maintain the monetary policy interest rate, called MIMO, at […]
Kwanza loses 3.6% against the dollar last week and falls 38.8% since January
The Angolan currency lost 3.6% in value against the dollar last week, despite a slight recovery between Wednesday and Friday, and has already fallen 38.8% […]