Tag: inflation rate
Moody's Investors Service ("Moody's") has today placed Angola Government's B3 long-term issuer ratings and senior unsecured rating and its (P)B3 senior unsecured MTN rating under review for downgrade. The short-term issuer rating is affirmed at Not Prime (NP).
Zimbabwe's central bank left its benchmark interest rate at 35% on Monday, citing moderating inflation, as it looks to print more local currency and limit the use of foreign currencies.
Kenya’s year-on-year inflation fell to 3.83% in September, from 5.0% a month earlier, the statistics office said on Monday.
Recently we've seen a variety of business headlines coming out of Tanzania, from an unexpected rise in the inflation rate to Tanzanian President Magufuli working with his Kenyan counterpart Uhuru Kenyatta to ease cross border trade. Ivan Tarimo, Partner at Bankable joins CNBC Africa for more.
South African consumer price inflation has dipped by 0.1 per cent in April to 4.4 per cent. The SARB indicator continues to reveal a contracting South African economy. Rising fuel costs lead to higher food prices resulting in strained consumer spending. Joining CNBC Africa to discuss April’s CPI and shares that win and lose is Craig Pheiffer, Chief Investment Strategist, Absa Stockbrokers and Portfolio Management.