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South Africa’s inflation rate rose to a three-month high in September on the back of higher food and energy prices, maintaining the case for the central bank to keep borrowing costs higher for longer. Annual inflation accelerated to 5.4% from 4.8% in August, Pretoria-based Statistics South Africa said Wednesday in a statement on its website. … Read More “Consumer inflation spikes again to 5.4%” »
by Fintechnews Africa 16 October 2023 The GSMA announced that His Excellency Paul Kagame, the President of the Republic of Rwanda, will formally open MWC Kigali on 17 October at the Kigali Convention Centre, Kigali, Rwanda. Mats Granryd “It is a great honour for His Excellency Paul Kagame to open MWC Kigali 2023; his participation … Read More “His Excellency President Paul Kagame to Open Mobile World Capital Kigali 2023” »
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The most notable figure in the 2022 census of SA’s population is confirmation that the population increased to above 62 million people, which is close to 20% higher than in the previous census 10 years ago. An immediate thought that comes to mind is that the economy did not grow this much. Many more people … Read More “A population of 62m (poorer) people” »
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The rally in Asian equities halted as Treasury yields surged after US inflation data bolstered bets on Federal Reserve rate hikes. The latest data on continued weakness in China’s economy added to the gloom. MSCI’s Asia Pacific Index fell more than 1%, on course to snap a six-day winning streak, with several of the region’s … Read More “Asia stocks drop as Fed rate hikes back in focus: Markets wrap” »
by Fintechnews Africa 12 October 2023 IFC announced an investment in a new fund by LeapFrog Investments, one of the largest private equity groups dedicated to impact investing in emerging markets, to improve fast-growing health and financial services firms’ access to growth capital and support job creation in Africa, South Asia, and Southeast Asia, IFC … Read More “IFC Invests $50 Million into LeapFrog Emerging Market Private Equity Fund” »
Image Credit: Dalberg To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “Dalberg appoints new regional Africa head for advisory business” »
“Reports of my death are an exaggeration,” the writer Mark Twain told a reporter after rumours of illness and an untimely demise surfaced. The same is true for the US dollar, which is quite frankly in rude health today even though ‘de-dollarisation’ is one of the buzzwords of the past two years. ADVERTISEMENT CONTINUE READING … Read More “Dollars and sense, and other laments” »
