ADDIS ABABA, July 23 – The National Bank of Ethiopia (NBE) has widened its restrictions on digital assets, warning that transactions involving …
Policy
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Policy
Ethiopia’s State Telecom Operator Reports $1.3 Billion Revenue as Digital Services Drive Growth
ADDIS ABABA, July 23 – Ethio Telecom reported revenue of 215.82 billion birr (approximately $1.3 Billion) for the financial year ended June …
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JOHANNESBURG, July 23 – The South African Reserve Bank (SARB) left its benchmark repo rate unchanged at 7% on Thursday, defying market …
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ACCRA, July 23 – Ghana’s central bank has kept its benchmark interest rate at 14%, making it the second straight meeting without …
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LAGOS, July 21 – The Central Bank of Nigeria (CBN) has left its benchmark Monetary Policy Rate (MPR) unchanged at 26.50%, maintaining …
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JOHANNESBURG, July 21 – South Africa’s opposition Democratic Alliance (DA) has proposed new legislation to reform the governance of the Public Investment …
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VICTORIA, July 20- Seychelles has launched a new affordable housing model that combines homeowner financing with government investment in supporting infrastructure, as …
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KAMPALA, July 15 – Ugandan President Yoweri Museveni has halted proposed changes to income tax and excise duty rules, returning the bills …
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LUANDA, July 14 – The Bank of Angola has reduced its benchmark interest rate by 125 basis points to 15.75%, as easing …
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Policy
Ethiopia’s Central Bank Raises Benchmark Interest Rate to 16% and Ends Bank Credit Growth Cap
ADDIS ABABA, July 13 – Ethiopia’s central bank has raised its benchmark interest rate to 16% from 15%, marking the first increase …