Kenya cuts rates again despite mounting price pressures | Finance in Africa
Muhammad Sanusi II, Emir of Kano and former central-bank governor, warns that Nigeria’s early monetary loosening risks reigniting inflation and undoing recent gains in economic stability.| Finance in Africa
The Central Bank of Kenya (CBK) has cut its key interest rate to 9.75%, aiming to stimulate private sector lending and boost economic activities.| Finance in Africa
The Bank of Zambia kept its key lending rate unchanged at 14.5% for the second consecutive time, opting to consolidate gains against inflation.| Finance in Africa