Kenya’s central bank cuts lending rate to 11.25 percent, aiming to tackle inflation, spur growth and boost private sector lending.
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monetary policy
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The South African rand held steady in early trading on Monday, as investors cautiously navigated turbulent global markets. Amidst lingering uncertainty surrounding geopolitical tensions and economic indicators, the rand’s stability …
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South Africa’s central bank warns of a bumpy road ahead for controlling inflation, acknowledging slower progress than expected in bringing inflation down to its target range. The bank is keeping …
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Nigeria is gearing up for another substantial rate hike as part of its aggressive measures to combat soaring inflation levels. The impending move reflects the government’s determination to rein in …