The governor of the Reserve Bank asks what role a state bank would play in a country where more than 80% of the population has access to financial services
Low interest rates usually encourage spending, but uncertainty created by the pandemic has driven people to save their cash in hard times
The South African Reserve Bank cautioned that if it was not for load-shedding, the country’s economy could have been stronger
South Sudan has nearly run out of foreign currency – and this is just the tip of a much bigger economic crisis.
The low consumer price inflation could lead the central bank to cut interest rates, says economists
To deal with climate change, central banks may have to encourage financial institutions to favour certain types of activities over others
This sanction is the latest to hit MTN since it began operations in Nigeria 17 years ago
The recently launched mobile banking platform EcoCashSave could further shake a banking sector already reeling under financial strain.
South Africa has sold $2-billion of 12-year bonds in overseas debt markets after boosting the size of the offering.
A slew of data from China and central bank decisions in the UK, Australia and Kenya will likely dominate this week’s economic news.
Gill Marcus has stated that further easing on interest rates can’t be taken for granted, and are contingent on inflation and global conditions.
Festus Mogae is to stand down as Botswana’s president on Tuesday after a decade in which his country cemented its status as one of Africa’s success stories despite fears it could…
With a parade of tanks, troops and rocket launchers, Sri Lanka on Monday marked its 60th anniversary of independence from Britain amid tight security after a string of attacks…
Zimbabwe’s inflation hit a record 26 470,8% in November 2007, Reserve Bank Governor Gideon Gono said in a monetary policy statement on Thursday. The figure rose from 7 982,1% in…
Jacob Zuma, the new leader of the African National Congress said on Sunday that he would look at inflation targeting, a key monetary policy tool used by the Reserve Bank to reign…
Africa is a long way off a common monetary union as the continent continues to struggle to harmonise economic policies, South Africa’s central bank Governor Tito Mboweni said on…
