Iran war raises oil prices and weakens many African currencies
Global oil markets react to the Iran conflict causing potential inflation across various African states.
Iran war raises oil prices and weakens many African currencies Read More »
inflation
South Africa central bank warns Iran war lifts inflation risks
Reserve bank says inflation may rise near term due to oil shock from Iran conflict before easing later toward target.
South Africa central bank warns Iran war lifts inflation risks Read More »
South Africa holds rates steady as conflict fuels price volatility
War in the Middle East increases uncertainty, with South Africa central bank cautious on easing amid rising inflation pressures.
South Africa holds rates steady as conflict fuels price volatility Read More »
Egypt hikes electricity prices for heavy-use homes and businesses
Global energy crisis linked to Gulf conflicts drives Egypt to raise electricity prices for residential and commercial sectors.
Egypt hikes electricity prices for heavy-use homes and businesses Read More »
Egypt sets maximum prices for unsubsidised bread to ease inflation
Egypt capped unsubsidised bread prices in private bakeries to limit inflation impact, while authorities monitor compliance and warn of penalties for violations.
Egypt sets maximum prices for unsubsidised bread to ease inflation Read More »
South Africa will revise risk scenarios as oil prices surge sharply
South Africa’s central bank will revise its risk scenarios for upcoming rate decisions, focusing on inflation and exchange rate impacts amid rising oil prices.
South Africa will revise risk scenarios as oil prices surge sharply Read More »
Egypt’s central bank cuts rates by 100 points as inflation eases
Egypt’s central bank cut overnight interest rates by 100 basis points, citing easing inflation and steady growth while flagging risks from non-food prices and fiscal measures.
Egypt’s central bank cuts rates by 100 points as inflation eases Read More »
Nigeria’s inflation slows again as food prices ease in September
Nigeria’s inflation eased for the sixth consecutive month in September as moderating food prices brought relief to policymakers.
Nigeria’s inflation slows again as food prices ease in September Read More »
Ghana narrows 2025 deficit as economy beats expectations
Ghana has revised its 2025 fiscal deficit target downward after stronger-than-expected economic performance and improved financial discipline in the first half of the year.
Ghana narrows 2025 deficit as economy beats expectations Read More »
SA central bank cuts rate as inflation stays low
South Africa’s central bank made a modest rate cut after April inflation undershot the target range again.
SA central bank cuts rate as inflation stays low Read More »