Kenya’s Central Bank Cuts Lending Rate by 75 Basis Points
Kenya’s central bank has reduced its benchmark lending rate by 75 basis points to 11.25%, citing ...
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Tag: Inflation
Ghana’s Currency Crisis Takes Centre Stage Ahead of 2024 Election
As Ghana approaches its general election this Saturday, the government is engaged in an urgent battle ...
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IMF Warns of Prolonged Inflationary Pressures in Middle East and Sub-Saharan Africa Despite Progress in Advanced Economies
The International Monetary Fund (IMF) has issued a sobering warning that inflationary challenges will persist significantly ...
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Gold’s New Bullish Era: A Surge Driven by Central Bank Demand and Rising Debt
Gold has entered what many experts describe as a "new bullish phase," marked by record-breaking price ...
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S&P Global Warns of Increased Sovereign Defaults Amidst Rising Debt and Borrowing Costs
Sovereign nations are expected to default on their foreign currency debt more frequently in the coming ...
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South African Rand Declines as Markets Anticipate Economic Data
The South African rand weakened on Wednesday, slipping 0.44% against the dollar, as markets remained on ...
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Nigeria’s Central Bank Elevates Policy Rate to 26.75% Amid Inflationary Pressures
The Central Bank of Nigeria (CBN) has once again escalated its monetary policy rate, this time ...
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South African Reserve Bank Holds Repo Rate Steady Amid Economic Challenges
The South African Reserve Bank (SARB) opted to maintain its main repo rate at 8.25%, marking ...
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Democratic Republic of Congo Central Bank Maintains Policy Rate
On Friday during a meeting of its Committee on Monetary Policy (CPM), the central bank of ...
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Ghana Committed to Fiscal Discipline for Economic Recovery, Says Finance Minister
Ghana is set to continue implementing measures introduced under the 2023 budget and the International Monetary ...
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The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.