NAIROBI (Reuters) – Kenya’s year-on-year inflation rate increased marginally to 3.6 percent in July from a revised 3.5 percent a month earlier, the central bank said Monday.
Read MoreKenya inflation rate up in July, loans rise: c.bank
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Ghana to avoid ‘oil curse’: World Bank
Posted by Black Africa -
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Africa
ACCRA (Reuters) – Commercial oil production in Ghana is unlikely to fuel inflation, heighten corruption or wreck democratic progress in the short-term, the World Bank said as the West African state prepared to turn on the spigot next week.
Read More accra, Corruption, ghana, inflation, world, world-bankTanzania changes inflation formula
Tanzania changes inflation formula Tanzania has changed the way it calculates its inflation rate in a move that will lower the impact of volatile food prices, a senior official has said. Read more on Independent Online Tanzania warned over Serengeti road Unesco has urged Tanzania not to put development, particularly a controversial highway which would [...]
Read More Changes, Formula, inflation, TanzaniaDissecting South Africa's rate cut | beyondbrics: News and views …
Posted by Karonka Man -
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Africa
South African rand against US dollar To many observers, the question of whether South Africa’s Reserve Bank would cut interest rates on Thursday looked like a no-brainer. At 3.2 per cent in September, consumer price inflation is …
Read More Africa, Consumer, inflation, interest-rates, question, Reserve, South, thursday[Snap] S Africa cuts interest rates again | beyondbrics: News and …
Posted by Karonka Man -
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Africa
As other emerging markets hike up their interest rates to tame rising inflation, South Africa continues to make its monetary policy ever looser. As Bloomberg reports, the country’s central bank has cut rates for the third time this year …
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