NKC African Economics

At its convention in March, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) opted to maintain the key policy rates: the overnight deposit rate and overnight lending rate were ke...

After increasing for 20 consecutive months, consumer price index (CPI) inflation moderated from 20.7% y-o-y in December to 20.4% y-o-y in January, according to figures provided by the Central Bank of...

This round should be an easy call for the MPC Rand surrenders early gains US Recovery Tracker springs into March BoE shrugs off yields and inflation concerns

The 2021 Budget Speech, delivered in Parliament on March 17, presented a more austere budget than some analysts had predicted. Not even the deferral of tax increases, the promise of a reduced non-mini...

DRC – From our Country Annual Profile (Mar 17). Egypt – Seif’s sentence highlights rights restrictions (Mar 18). Ethiopia – US criticises Tigray offensive as OLF opts out of election (Mar 12). Libya –...

Nigeria - With second wave infections taking hold and a very challenging monetary environment, we project that GDP growth will reach a feeble 2.0% this year from an estimated contraction of 1.8% in 20...

Egypt – Seif’s sentence highlights rights restrictions. South Africa – This round should be an easy call for the MPC. Tanzania – John Magufuli dies. Zimbabwe – Opposition continues to be hollowed out....

Africa – Weekly Covid-19 update (Mar 12). Angola – Inflation edges higher in February (Mar 15). Botswana – Inflation accelerating slowly but surely (Mar 16). Egypt – Seif’s sentence highlights rights...

Vice president of the opposition Movement for Democratic Change-Alliance (MDC-A) and former finance minister, Tendai Biti, and several other MPs have been recalled from Parliament by the People’s Demo...

Following the implementation of the Dutch-style currency auction on 23 June 2020, the Zimbabwean dollar (ZWL) has oscillated around the ZWL80/$ mark, which, according to the central bank, “has been ac...

The Monetary Policy Committee (MPC) of the South African Reserve Bank (Sarb) is set to meet for the second time this year, on March 25. However, the economic backdrop has changed somewhat from the Jan...

From time to time, the Egyptian state cracks down on an activist who is well enough known that the event makes headlines in the world press. That happened again on Wednesday, March 17, when the Cairo...

Vice President Samia Suluhu Hassan appeared on state television on Wednesday, March 17, to announce that President John Magufuli had died of “heart complications.” Aged 61, Mr Magufuli had not been se...

ANC factionalism to the fore in Parliamentary vote Restriction measures thump retail sales in January FOMC maintains its extremely dovish stance February decline in US housing starts overstates the s...