Botswana Raises Interest Rates as Inflation Surges and Global Energy Shock Intensifies
Botswana has become the first African country to raise interest rates in response to the recent ...
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Tag: interest rates
Fed Holds Rates Steady as Powell Defends Central Bank Independence
The United States Federal Reserve has opted to maintain its benchmark interest rate within a target ...
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South Africa Considers Phasing Out Prime Lending Rate in Favour of Repo Benchmark
South Africa’s monetary authorities are considering a structural shift in the country’s credit pricing architecture that ...
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Gold steadies, equities recover as Australian rate hike lifts currency
Gold and key Asian equities experienced a measured rebound on Tuesday following a period of heightened ...
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Week Ahead in Global Markets: Central Banks in Focus as Africa Watches the Ripples
As the world enters the final week of January, the global financial system finds itself delicately ...
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Rand Firms as Dollar Weakens Ahead of Key Business Data
The South African rand appreciated modestly in early trade on Tuesday, supported by a weaker United ...
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Egypt Lowers Interest Rates as Inflation Moderates, Signalling Confidence in Economic Stability
The Central Bank of Egypt (CBE) has reduced its key interest rates by 100 basis points, ...
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Ghana Lowers Benchmark Interest Rate to 18 Percent
The Bank of Ghana has announced a 350 basis point reduction in its benchmark lending rate, ...
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South African Reserve Bank Reduces Key Rate in Response to Improved Inflation Outlook
In a landmark monetary policy decision, the South African Reserve Bank (SARB) has reduced its main ...
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Kenya’s Central Bank Lowers Policy Rate as Inflation Remains Steady Within Target
The Central Bank of Kenya (CBK) has reduced its benchmark lending rate to 9.25%, down from ...
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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.
