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<p>Nigeria&#8217;s economy is expected to contract further in the coming quarters, however, the Central Bank says its outlook is mildly optimistic. Joining CNBC Africa’s Christy Cole for an assessment of the Nigerian economy ahead of the country’s expected inflation numbers and September MPC decision is Johnson Chukwu, CEO, Cowry Assets.</p>


COVID-19: Cowry Assets CEO on how Nigeria’s economy can recover from the pandemic shock

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<p>After review from the country’s monetary policy meeting, Rwanda’s Central Bank has maintained the repo rate at 4.5 per cent as the country’s economy starts to bounce back from the shocks of the COVID-19 pandemic, CNBC Africa’s Arnold Kwizera spoke to the Central Bank Governor, John Rwangombwa for more.</p>


BNR Governor Rwangombwa: Why Rwanda’s Central Bank kept repo rate unchanged

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<p>BNP Paribas South Africa expects that the velocity of money and its relationship to inflation in the South Africa economy should play an important role in guiding future monetary policy decisions. Joining CNBC Africa for more is Jeff Schultz, Senior Economist at BNP Paribas South Africa.</p>


BNP Paribas on SA’s monetary response to the COVID-19 economic crisis

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<p>Angola’s Central Bank will be announcing their MPC decision this afternoon with analysts suggesting that a rate cut is unlikely, as they haven’t done so this year despite the economy facing many challenges in the wake of COVID-19 and a steep decline in oil prices. Rui Oliveira, CEO at BFA Asset Management joins CNBC Africa for more.</p>


Angola MPC: Analysts say rate cut unlikely

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<p>Ahead of Ghana’s MPC rate decision today, the Bank of Ghana’s economic activity indicator has shown a fall of 10.6 per cent in May, whilst consumer and business confidence levels have rebounded amid their sharp declines in April. Ridle Markus, Africa Strategist, Absa Corporate and Investment Banking joins CNBC Africa for more.</p>


COVID-19: Ghana records 10.6% y/y decline in economic activity in May

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<p>As mentioned previously, the South African Reserve Bank has lowered the repo rate by 25 basis points, to 3.5 per cent. Joining CNBC Africa to look at how this further cut of interest rates means for South Africa locally and internationally are Annabel Bishop, Chief Economist at Investec and Elina Ribakova, Deputy Chief Economist at the Institute of International Finance.</p>


SA Reserve Bank cuts repo rate by 25 basis points

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<p>Economists are divided in their expectations of the MPC rate decision taking place today. Some are suggesting a rate hold as it’s close to the bottom of the cycle, and others expecting a 25 basis point cut which would make it the lowest interest rate point in decades. PwC expects no change in the rates this afternoon and joining CNBC Africa for more is Christie Viljoen, Economist at PwC.</p>


PwC expects a hold on MPC rates today

PwC expects a hold on MPC rates today, here’s why

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<p>Ahead of the conclusion of this week’s Monetary Policy Meeting, Absa has predicted that the South African Reserve Bank will cut the repo rate by 50 basis points. Joining CNBC Africa to unpack these predictions is Peter Worthington, a Senior Economist at Absa Group.</p>


Another rate cut on the cards tomorrow

Another rate cut on the cards tomorrow, says Absa’s Peter Worthington

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<p>Economists are divided in their expectations of tomorrow’s MPC decision, with some suggesting a rate hold as it’s close to the bottom of the cycle, and others expecting a 25 basis point cut which would make it the lowest interest rate point in decades. Sanisha Packirisamy, Economist at Momentum Investments joins CNBC Africa for more.</p>


Economists divided over SARB’s rate decision

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<p>According to an IMF representative of Nigeria, the country’s income is much lower than its peers in Sub-Saharan Africa and other oil exporters.</p>


Nigeria’s central bank retains benchmark lending rate at 12.5%

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<p>Nigeria’s Monetary Policy Committee is scheduled to announce its fourth monetary decision for the year later today.</p>


What to expect ahead of Nigeria’s MPC meeting

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<p>In the next few hours the South African Reserve Bank governor is due to announce the MPC rate decision, which many analysts believe that there will be a rate cut of 50 Basis points. Joining CNBC Africa to give insight on South Africa’s monetary stimulus support during Covid-19 is Razia Khan, Chief Economist for Africa and the Middle East at Standard Chartered Bank.</p>


StanChart on SA’s COVID-19 monetary policy response

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<p>The Bank of Ghana says leading indicators of economic activity during the first quarter of the year suggests some slowdown, reflecting the restrictions, social distancing, and the partial COVID-19 lock-down measures introduced by the government in the middle of March. Joining CNBC Africa to discuss how Ghana’s economy performed in the first quarter of the year is Courage Kingsley Martey, Senior Economist at Data Bank&#8230;.</p>


Data Bank’s economic review for Ghana

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<p>Ghana’s Monetary Policy Committee decided to keep the country’s policy rate unchanged at 14.5 percent citing elevated risks to inflation outlook, sharp downturn in GDP growth which are fallouts of the COVID-19 pandemic. Emmanuel Tsigbey, Chartered Economic Policy Analyst joins CNBC Africa for more.</p>


Emmanuel Tsigbey on why Ghana’s MPC kept rates unchanged

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<p>ARM Securities says the Central Bank of Nigeria will be torn between stimulating growth and maintaining forex stability as the Apex Bank holds its second Monetary Policy meeting for the year. Olamide Adeboboye, Research Analyst at ARM Securities joins CNBC Africa for more.</p>


ARM: CBN torn between stimulating growth & maintaining FX stability

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<p>Nigeria&#8217;s Monetary Policy Committee has commenced its two-day meeting, at a time the world is facing a significant health and economic crisis caused by the Covid-19 pandemic. Recently, Central Bank of Nigeria adjusted the FX rate at the I&#038;E window to N380 per dollar and adjusted its official Naira peg for converting government revenue to 360  from N307. Dipo Ajayi, Head of Fixed Income and Forex at Chapel Hill Denham joins CNBC Africa for more.</p>


How will Nigeria’s MPC respond to COVID-19?

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Central Bank of Kenya’s Monetary Policy Committee (MPC) has lowered the Central Bank Rate from 8.50 to 8.25 two months later after it was reduced from 9.0 per cent. Moreover, SBM Bank Kenya Limited has filed a petition to liquidate East African Cables after the company defaulted on a $2.82 million loan. Rodney Omukhulu, Assistant Investments Analyst at Cytonn joins CNBC Africa for more.</p>


MPC

COVID-19: Cowry Assets CEO on how Nigeria’s economy can recover from the pandemic shock

BNR Governor Rwangombwa: Why Rwanda’s Central Bank kept repo rate unchanged

BNP Paribas on SA’s monetary response to the COVID-19 economic crisis

Angola MPC: Analysts say rate cut unlikely

COVID-19: Ghana records 10.6% y/y decline in economic activity in May

SA Reserve Bank cuts repo rate by 25 basis points

PwC expects a hold on MPC rates today, here’s why

Another rate cut on the cards tomorrow, says Absa’s Peter Worthington

Economists divided over SARB’s rate decision

Nigeria’s central bank retains benchmark lending rate at 12.5%

What to expect ahead of Nigeria’s MPC meeting

StanChart on SA’s COVID-19 monetary policy response

Data Bank’s economic review for Ghana

Emmanuel Tsigbey on why Ghana’s MPC kept rates unchanged

ARM: CBN torn between stimulating growth & maintaining FX stability

How will Nigeria’s MPC respond to COVID-19?

Kenya’s central bank cuts lending rate to spur growth

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MPC

COVID-19: Cowry Assets CEO on how Nigeria’s economy can recover from the pandemic shock

BNR Governor Rwangombwa: Why Rwanda’s Central Bank kept repo rate unchanged

BNP Paribas on SA’s monetary response to the COVID-19 economic crisis

Angola MPC: Analysts say rate cut unlikely

COVID-19: Ghana records 10.6% y/y decline in economic activity in May

SA Reserve Bank cuts repo rate by 25 basis points

PwC expects a hold on MPC rates today, here’s why

Another rate cut on the cards tomorrow, says Absa’s Peter Worthington

Economists divided over SARB’s rate decision

Nigeria’s central bank retains benchmark lending rate at 12.5%

What to expect ahead of Nigeria’s MPC meeting

StanChart on SA’s COVID-19 monetary policy response

Data Bank’s economic review for Ghana

Emmanuel Tsigbey on why Ghana’s MPC kept rates unchanged

ARM: CBN torn between stimulating growth & maintaining FX stability

How will Nigeria’s MPC respond to COVID-19?

Kenya’s central bank cuts lending rate to spur growth

News Tips

Advertise With Us

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