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East Africa Inflation News is an EIN News Service for banking industry professionals. Constantly updated news and information about East Africa Banking.
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Latest East Africa Inflation News

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  • Kenya: Nakumatt sets Sh1.8 billion price for sale of 30 per cent stake 24 Nov 2009 14:53 GMT
    ... Kenya: Nakumatt sets Sh1.8 billion price for sale ... healthcare, telecommunications and banking in four other African countries. Kingdom Holding Company (KHC) -- an investment ... which was characterised by an annual average inflation rate of 26 per cent slowed down ...

  • UPDATE 1-Kenya slashes central bank rate by 0.75 percent 24 Nov 2009 13:54 GMT
    ... NAIROBI, Nov 24 (Reuters) - Kenya's Monetary Policy Committee (MPC) cut the key ... of indicators. 'Given the upside risk to inflation is low, credit risk is declining and ... Editing by David Clarke) (For more Reuters Africa coverage and to have your say on the ...

  • 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. ...

  • 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, ... gold. According to Jim Sinclair, chairman at Tanzanian Royalty Exploration, the price of the yellow ... stimulus, which has "a habit of sucking inflation out of monetary expansion". "I do think ...

  • African Markets - Factors to watch on Nov 23 23 Nov 2009 06:10 GMT
    ... market moves and political events may affect African markets on Monday. - - - - ... high on Monday as concerns about accelerating inflation and weak economic growth prompted investors to ... making IFC one of its largest shareholders. EAST AFRICA Heads of state from the five-nation East ...

  • SA Firm Takes Over Local Publisher to Boost Footprint 23 Nov 2009 11:51 GMT
    ... South Africa's Media24 has increased its presence in Kenya's ... Kenya's publishing industry with the takeover of East Africa Magazines, the publisher of True Love, Drum ... a rough tide in recent months as inflation eats into consumer purchasing power. ...

  • Analyst gives economy a clean bill of health 23 Nov 2009 23:51 GMT
    ... attract even more offshore investors than its African peers. With forecasted growth estimated at 6 to ... outside South Africa such as Nigeria, Ghana, Kenya and Uganda among others have not fully ... issued more bonds to attract investors. Although inflation remains a teething challenge at double digits, ...

  • Citi upgrades global 2010 economic growth forecast 23 Nov 2009 22:10 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 upgrades 2010 economic growth forecast, expects an uneven global recovery 23 Nov 2009 22:34 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 upgrades global 2010 economic growth forecast 23 Nov 2009 22:53 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. ...

  • Nakumatt Sets Sh1.8 Billion Price for Sale of 30 Per Cent Stake 23 Nov 2009 12:32 GMT
    ... sale comes at a critical moment for Kenya's leading retail chain, whose finances have been ... healthcare, telecommunications and banking in four other African countries. Kingdom Holding Company (KHC) -- an investment ... which was characterised by an annual average inflation rate of 26 per cent slowed down ...

  • Cross-Border Trade Grows But 23 Nov 2009 10:33 GMT
    ... — INCREASING numbers of Ugandans watch South African TV, enjoy South African music and radio, eat South ... for Africa (UBA) and Global Trust Bank. Kenyan banks already in the market include Kenya ... sector, helping to stabilise exchange rates, hold inflation in check and enable banks to more ...

  • Low Pricing Keeps Private Investors Off Green Energy 23 Nov 2009 21:53 GMT
    ... run when its impact on power bills inflation and the environmental damage it causes are ... has been rejected. Other competitors like South Africa offer investors 14 US cents. We cannot afford ... been robust demand for power in rural Kenya where accelerated connection has brought on board ...

  • Background Notes : Sudan (11/09) 20 Nov 2009 17:19 GMT
    ... (967,500 sq. mi.); the largest country in Africa and almost the size of continental U.S. ... income GDP (2008 est.): $2,200. Avg. annual inflation rate (2008 est.): 16.5%. Natural resources: Modest ... August 1998, in the wake of the East Africa embassy bombings, the U.S. launched cruise missile ...

  • UPDATE 1-Kenya 2009 growth to be 3 pct - cbank governor 20 Nov 2009 17:55 GMT
    ... a sovereign bond in 2010. The east African country has suffered along with the rest ... sentiment. 'The AFDB (African Development Bank) says East Africa will manage 6 percent, (with) Kenya doing ... Association. Speaking via videolink, Ndung'u said Kenya's inflation target was 'five percent and below'. Kenya's ...


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