Economy

HARARE, Sept 29 – Zimbabwe’s central bank has cut its benchmark lending rate to 27.5% from 30%, continuing its monetary easing cycle …

GABORONE, Sept 28 – Mozambican President Daniel Chapo began a three-day state visit to Botswana on September 28, as the two countries …

JOHANNESBURG, Sept 28 – South African Reserve Bank Governor Lesetja Kganyago expects inflation to decline sharply and return to the central bank’s …

LUSAKA, Sept 28 – Zambia is targeting average economic growth of about 7% over the next three years as the government seeks …

LIBREVILLE, Sept 28 – The International Monetary Fund will continue technical discussions with Gabon on fiscal and public debt developments as the …

CAIRO, Sept 25 – The Central Bank of Egypt (CBE) kept its key interest rates unchanged on Thursday, citing an improving inflation …

DAKAR, Sept 25 – Senegal is prioritising approval of a proposed $2.2 billion International Monetary Fund programme as the government seeks to …

CAPE TOWN, Sept 25 – South Africa’s state-owned freight and logistics operator, Transnet SOC Ltd., is seeking a private-sector partner to help …

LUSAKA, Sep 24 – Zambia’s annual inflation rate eased to 6.1% in September, down from 6.2% in August, creating additional room for …

KAMPALA, Sept 24 – Uganda’s total public debt increased 14.8% year-on-year to $37.1 billion in June, driven primarily by increased domestic borrowing …