A stronger rand, rising oil prices and foreign exchange dynamics steer SA others towards stricter monetary tightening
African central banks due to decide on interest rates in the next three weeks are set to keep monetary policy tighter for longer to temper stubborn inflation.
After acting aggressively for more than a year, officials in Nigeria and SA may increase borrowing costs, while those in Kenya and Mozambique are likely to stand pat. Ghana was viewed as a toss-up between hike and hold...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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