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Angola’s central bank postpones policy decision to Sept. 30Central Bank Newson 28 September 2021 at 10:37 on 28 September 2021 at 10:37 on 28 September 2021 at 10:37 AFRICAN MARKETS: Business News

Angola’s central bank postponed the final decision and announcement of its monetary policy decision until Thursday, Sept. 30 from today, as was scheduled. Angola’s central bank postponed the final decision and announcement of its monetary policy decision until Thursday, Sept. 30 from today, as was scheduled.Read More 0 Shares

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Central Bank of Seychelles maintains rate, economy not yet recoveredCentral Bank Newson 29 September 2021 at 10:41 on 29 September 2021 at 10:41 on 29 September 2021 at 10:41 AFRICAN MARKETS: Business News

The Central Bank of Seychelles (CBS) kept its monetary policy rate (MPR) steady for the fourth quarter, saying the economy has not yet fully recovered from the effects of the COVID-19 pandemic despite a pick-up in economic activity. The Central Bank of Seychelles (CBS) kept its monetary policy rate (MPR) steady for the fourth quarter, ….  Read More

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Morocco’s central bank postpones policy decision to Oct. 13Central Bank Newson 29 September 2021 at 10:43 on 29 September 2021 at 10:43 on 29 September 2021 at 10:43 AFRICAN MARKETS: Business News

Morocco’s central bank postponed the release of its monetary policy decision until Oct. 13 from today due to health reasons, the bank said on its website. Morocco’s central bank postponed the release of its monetary policy decision until Oct. 13 from today due to health reasons, the bank said on its website.Read More 0 Shares

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Fitch Assigns Nigeria’s Proposed USD Bond ‘B’ RatingFitch Ratingson 16 September 2021 at 18:26 on 16 September 2021 at 18:26 on 16 September 2021 at 18:26 AFRICAN MARKETS: Business News

Fitch Ratings has assigned Nigeria’s proposed US dollar bond, to be issued under its Global Medium Term Note Programme, a ‘B’ rating. Fitch Ratings has assigned Nigeria’s proposed US dollar bond, to be issued under its Global Medium Term Note Programme, a ‘B’ rating.Read More 0 Shares

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Melcom Group of Companies acquires Pizza Hut in GhanaGNAon 2 September 2021 at 15:40 on 2 September 2021 at 15:40 on 2 September 2021 at 15:40 AFRICAN MARKETS: Business News

Melcom Group of Companies, the diverse business conglomerate, has announced its entry into the Quick Service Restaurant (QSR) business by acquiring the International Franchise Rights for Pizza Hut in Ghana. Melcom Group of Companies, the diverse business conglomerate, has announced its entry into the Quick Service Restaurant (QSR) business by acquiring the International Franchise Rights ….  Read More

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ZMX : Zimbabwe commodities exchange takes offMichael Tome | The Herald ZWon 23 August 2021 at 12:48 on 23 August 2021 at 12:48 on 23 August 2021 at 12:48 AFRICAN MARKETS: Business News

FINANCE and Economic development Minister, Professor Mthuli Ncube on August 18 launched the Zimbabwe Mercantile Exchange (ZMX), an agricultural commodities trading platform with automated electronic warehousing and receipting capabilities. FINANCE and Economic development Minister, Professor Mthuli Ncube on August 18 launched the Zimbabwe Mercantile Exchange (ZMX), an agricultural commodities trading platform with automated electronic warehousing ….  Read More

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Zimbabwe central bank holds rate for the 3rd time to combat inflationCentral Bank Newson 31 August 2021 at 12:24 on 31 August 2021 at 12:24 on 31 August 2021 at 12:24 AFRICAN MARKETS: Business News

Zimbabwe’s central bank left its policy rate steady for the third time this year, saying there is still a need to maintain the current monetary policy stance that “has proven to be effective in combating inflation and fostering monetary stability in the economy.” Zimbabwe’s central bank left its policy rate steady for the third time ….  Read More

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Fitch Upgrades Gabon to ‘B-‘; Outlook StableFitch Ratingson 25 August 2021 at 16:51 on 25 August 2021 at 16:51 on 25 August 2021 at 16:51 AFRICAN MARKETS: Business News

Fitch Ratings has upgraded Gabon’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘B-‘ from ‘CCC’. The Outlook is Stable. Fitch Ratings has upgraded Gabon’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘B-‘ from ‘CCC’. The Outlook is Stable.Read More 0 Shares