Regions
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African currencies under pressure on continued higher US interest rates
Weaker currencies make the fight to curb inflation harder given that majority of African countries dependend on imports Since the…
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Nigeria’s Eurobonds drop as President Tinubu says no need for petrol price rise
Nigeria’s international dollar-denominated bonds fell on Wednesday, after the president’s spokesman said petrol prices did not need to rise more,…
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Ruto says risk profiling locking Africa out of credit access
President William Ruto said derisking Africa will foster better relations between the public and private sectors for the common good.…
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Russia’s central bank hikes rates to 12 percent to halt rouble’s slide
Russia’s central bank has hiked its key interest rate by 350 basis points to 12 percent, an emergency move to…
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Google to offer $1.6 million grant for 1 million digital jobs in Nigeria
Google has set aside $1.6 million as a grant to help the Nigerian government create over a million digital jobs…
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Uganda cuts policy rate in more than 2yrs as inflation eases
This is after Uganda’s inflation fell to 3.9% year-on-year in July, down from 10.4% in January this year and below…
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Managing your finances with Metropol Credit Management Service
Are you a corporate or an SME and in need of credit management? Get in touch with Metropol Credit Management…
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Argentina hikes benchmark interest rate to 118% to defend devalued currency
Argentina devalued its currency by nearly 18% on Monday while the benchmark interest rate was raised by 21 percentage points…
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IEA sees slower 2024 oil demand growth, tightening market this year
The International Energy Agency (IEA) on Friday said demand growth for oil next year will be slower than previously forecast,…
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Kenya keen on increasing trade volumes with Mozambique
The President explained that between 2018 and 2022, imports from Mozambique increased from Ksh.3.2 billion to Ksh.5.2 billion, while Kenyan…
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