Tag: interest rates

South Africa lifts interest rates to 14-year high to fight inflation

South Africa's central bank raised its main interest rate (ZAREPO=ECI) on Thursday…

IMF deal to help Ghana control interest rates, inflation – President Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has said Ghana’s deal with IMF is…

How raising interest rates affects the economy: A look at Nigeria’s decision

Recently, the Central Bank of Nigeria (CBN) announced that it was raising…

Egypt’s central bank raises key interest rates by 300 bps

Egypt's central bank hiked overnight interest rates by a greater-than-expected 300 basis…

Ghana tops 10 African countries with the highest interest rates as of September 2022

There are many indicators of how well an economy performs, and a…