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Tuesday November 24, 2009
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Africa Inflation News is an EIN News Service for banking industry professionals. Constantly updated news and information about Africa Banking.
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Latest Africa Inflation News

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  • THE reduction of the Kwacha base-lending rate by Standard Chartered Bank, which will come into effect next month, is a positive move which will benefit the Zambian economy. 24 Nov 2009 06:13 GMT
    ... a positive move which will benefit the Zambian economy. Standard Chartered Bank announced yesterday that ... economy as shown in the reduction of inflation figures from 16 per cent to 12.3 ...

  • Burundi inflation to slide to 7.5 pct in 2010 - IMF 24 Nov 2009 06:52 GMT
    ... NAIROBI, Nov 24 (Reuters) - Burundi's headline inflation is expected to fall to 7.5 percent ... to the economy of the landlocked central African country in 2010, IMF added in the ...

  • Lending rates drop as economy stabilises 24 Nov 2009 06:44 GMT
    ... of the drop in the level of inflation and other economic benchmarks. Another bank, Invest ... is vice-chairperson for the Bankers’ Association of Zambia, called on other financial institutions to review ...

  • Why Afghans Dig Empire Graveyards 24 Nov 2009 04:31 GMT
    ... and cricket matches. Their expenditures caused runaway inflation, which alienated the merchant class of Kabul, ... and began to improve relations with Pakistan, Egypt and other Western-oriented Muslim countries. In 1978, ... and the sea-routes to South Asia and Africa. The United States now controlled those sea-lanes ...

  • Vukile distribution up 6.6% 24 Nov 2009 05:33 GMT
    ... to R357.4million - would that have been inflation-linked? How do you measure that in your ... - it’s a structure unique to South Africa that was created in a certain tax ...

  • Don't start spending   24 Nov 2009 06:52 GMT
    ... might not be saving enough to beat inflation to grow your wealth. You might now ... today. It is a fact that South Africans do not have a strong culture of ...

  • Keeping history alive 24 Nov 2009 05:30 GMT
    ... Mary and Eliza Freeman houses, Connecticut's oldest African-American houses in Bridgeport, Conn. The homes, erected ... $1.1 million in 2008 dollars, accounting for inflation. The scores of other buildings that comprised ...

  • Homes built in 1848 by free blacks in jeopardy 24 Nov 2009 12:30 GMT
    ... Mary and Eliza Freeman houses, Connecticut's oldest African-American houses in Bridgeport, Conn. The homes, erected ... $1.1 million in 2008 dollars, accounting for inflation. The scores of other buildings that comprised ...

  • SAfrica's Zuma backs World Bank loan for Eskom: paper 24 Nov 2009 08:53 GMT
    ... JOHANNESBURG, Nov 24 (Reuters) - South African President Jacob Zuma has written a letter ... say increases of that magnitude would stoke inflation and force key industrial companies to shut ...

  • Ridiculed for saying it the way it is now  24 Nov 2009 06:43 GMT
    ... the large research funding flowing into South Africa requires government approval, such as the very ... of the local currency, the policy of inflation targeting, the National Planning Commission, the call ...

  • Yesterday's Top Story: Gold to hit $1650 by late 2010, early 2011, but estimate could be low - Jim Sinclair 24 Nov 2009 09:17 GMT
    ... HOME > REGIONS > AFRICA Gold to hit $1650 by late 2010, ... stimulus, which has "a habit of sucking inflation out of monetary expansion". "I do think ...

  • Fed official sparks dollar sell-off 24 Nov 2009 07:12 GMT
    ... to a Treasury committee on its latest Inflation Report today. Elsewhere, the surge on metal ... hit another record high, and expectations South Africa will have grown by 0.5% in the ...

  • S.Africa leaves recession with 0.9% growth 24 Nov 2009 12:13 GMT
    ... attributed to "the high correlation between South African economy and international economy." He said there ... He said there were some links with inflation which was at 6.4 percent in August ...

  • Citi upgrades global 2010 economic growth forecast 24 Nov 2009 00:11 GMT
    ... next year, and the threat of global inflation appears contained, according to the report. Citi ... as resource-rich regions like the Middle East, Africa, Latin America, Russia and Brazil see growth. ...

  • Citi bank group upgrades global 2010 economic growth forecast 24 Nov 2009 00:43 GMT
    ... next year, and the threat of global inflation appears contained, according to the report. Citi ... as resource-rich regions like the Middle East, Africa, Latin America, Russia and Brazil see growth. ...


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