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SA’s MPR Kept At 6.75%

South Africa’s reserve bank kept its benchmark repo rate unchanged at 6.75 % on Thursday, saying while the medium-term inflation forecast had moderated, economic growth was set to contract in.

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Morocco’s CPI Drops By 2%

Morocco’s consumer price index dropped 0.2 percent in April from a year earlier, after falling 0.1 percent year-on-year the previous month, the high commission for planning said on Wednesday. Food.

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330 Billion Naira Fine; MTN Nears Completion

African telecommunications giant MTN has paid 275 billion naira ($898.99 million) toward a 330 billion naira fine imposed on it for not disconnecting unregistered SIM cards, Nigeria’s communications agency said.

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Zambia Central Bank To Raise Lending Rate

Zambia’s central bank has raised the benchmark lending rate to 10.25% from 9.75% to counter inflationary pressure and support macroeconomic stability, its central bank governor Denny Kalyalya said on Wednesday..

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Kenya Aims To Raise 5 Billion Shillings To Plug Housing Deficit

Kenya’s new mortgage refinancing company, set up to help the many would-be homeowners who struggle to secure a mortgage, aims to raise 5 billion shillings ($49.41 million) on the capital.

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3rd Annual Information Communication Technology Africa

Event date: 22nd – 23rd July 2019 Event location: Radisson Blu Hotel in Nairobi, Kenya Description: 3rd Annual Information Communication Technology Africa is a 2-day conference that is being hosted.

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EU Opens Second Biggest Embassy In Nairobi

The EU has gone a step further in deepening its relationship with Africa by establishing its second largest embassy in Nairobi, Kenya. EU High Representative Foreign Affairs and Security Policy,.

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World Leaders To Attend Nigerian President’s Swearing

Nigeria’s Minister of Information and Culture, Alhaji Lai Muhammed, who doubles as the chairman of the media and publicity sub-committee of the Presidential Inauguration Planning Committee (PIPC) led other members.

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