NKC African Economics

Botswana – The most recent adjustment of the Pula’s downward crawl could be a key topic at the next MPC meeting scheduled for February 24, 2020. The rate of crawl was last revised on January 14.

Libya: Shelling of Tripoli reduces chances of political settlement. Malawi: Lessons unlearned as DPP threatens judges. South Africa: Price inflation trends higher in January. Uganda: No surprises as b...

A new offensive on Tripoli by the Libyan National Army (LNA) has imperilled the various parallel political negotiation processes that Libya’s international partners have been trying to make work. It i...

Any prospect that Malawi’s incumbent government might learn a lesson from attempting to steal an election disappeared on Monday, February 17, when President Peter Mutharika and the Malawi Electoral Co...

Consumer price inflation continued to increase in January, hitting the midpoint of the South African Reserve Bank’s (Sarb) target range. The consumer price index (CPI) rose by 4.5% y-o-y in January, s...

At the February Monetary Policy Committee (MPC) meeting, the Bank of Uganda (BoU), as expected, kept the policy rate unchanged at 9.0%. This decision underscores the apex bank’s accommodative policy s...

Eskom seeks more cash UK employment ended 2019 on a high US manufacturing looks stronger in February Local bourse trades in the red

Ghana – The January briefing captured a shift towards caution. We believe the primary reason for the sudden silence on inflation target revision relates to struggles to implement a coordinated approac...

Cameroon: Violence intensifies after election. Nigeria: Inflation higher for fifth month in a row. Rwanda: Dissident death in detention. Tunisia: Moody's revises rating's outlook from negative to stab...

The sands are shifting in the economic wasteland that is Zimbabwe. Even if the main political actors are still talking past each other, of late there have been several encouraging signs of new attempt...

Preliminary data shows that real GDP growth slowed to 2.4% in 2019, compared with 3.0% in 2018, owing largely to a rainfall deficit which weighed on the agricultural sector; this affected some of Moro...

The legislative and municipal elections held in Cameroon on Sunday, February 9, were fairly calm, but the calm has not lasted. As the government started announcing results – giving the ruling Cameroon...

Nigeria’s consumer price index (CPI) inflation trended higher at the start of the year. The headline print rose to 12.1% y-o-y in January, 10 bps higher compared to December and up from the recent low...

On February 14, Moody’s Investor Services (Moody’s) revised Tunisia’s sovereign credit rating outlook to stable from negative but left the rating unchanged at B2. According to Moody’s, the improved ou...