Kenya’s inflation surges to 14-month high after rate cut - Finance in Africa
Kenya’s inflation accelerated in August to 4.5% from 4.1% in July, hitting a 14-month high after the CBK delivered its seventh consecutive rate cut.| Finance in Africa
Kenya’s inflation accelerated in August to 4.5% from 4.1% in July, hitting a 14-month high after the CBK delivered its seventh consecutive rate cut.| Finance in Africa
The escalating conflict between Israel and Iran is sending tremors through global energy markets, with Nigeria caught in the crosscurrents.| Finance in Africa
On Tuesday, Kenya's central bank cut its benchmark lending rate to 9.50%, the lowest since May 2023, to boost growth as inflation rises to 4.1% and business activity contracts further.| Finance in Africa
Nigeria’s inflation rate slowed for the second month in a row in May, falling to 22.97% from 23.71% in April.| Finance in Africa
