01/03/2024
Thirty-five percent of respondents indicated savings and investments as one of their top priorities - the third highest, highlighting a resilient savings behavior despite economic pressures.
01/02/2024
“Bank customers are therefore advised to proceed with their banking transactions as usual, as there is no cause for concern.”
01/02/2024
Business expectations for the coming year [2024] were subdued and dropped slightly to a four-month low.
12/28/2023
A weaker Kenyan shilling has escalated imported inflation by driving up the cost of imported goods and services, including petroleum products.
12/28/2023
Businesses blamed what has been a tough year on high input costs, taxation, a weakened local currency and scarce dollars.
12/22/2023
The unemployment rate for Q2 2023 was 4.2 per cent
12/21/2023
This is evident in the Sh113 billion increase in bad loans in the one year to September this year to Sh617 billion, largely blamed on the manufacturing and trade sectors.
12/19/2023
A recent survey conducted by Enhancing Financial Innovation and Access (EFInA) on Access to Financial Services in Nigeria (A2F) in 2023 revealed a notable increase in mobile phone usage.
12/19/2023
Despite the increase in revenue collection on a m/m and y//y basis
12/19/2023
Nigeria’s inflation rate has risen steadily for the past 24 months.
12/18/2023
Moreover, the total number of liquidations decreased by 13.3% % in November 2023 compared with November 2022.
12/15/2023
The producer price index (PPI) dropped by 0,6% month-on-month in November 2023.
12/14/2023
Despite November's increase, SACCI said in a statement that lingering economic challenges continued to drag on sentiment
12/14/2023
South Africa’s National Treasury has forecast gross domestic product will grow by 1% next year.
12/13/2023
The results from the S&P Global Steel Users PMI Survey for October pointed to an overall deterioration in operating conditions, and to the greatest extent since November 2022”.
12/13/2023
Mkwebu states, “The burgeoning weight of loans and debt has taken its toll on a significant portion of our working class."
12/08/2023
The consumer confidence index, sponsored by the First National Bank (FNB) and compiled by the Bureau for Economic Research, fell to minus 17 points
12/08/2023
It also highlights the fragility of household demand
12/08/2023
The modest credit growth q/q can be attributed to banks' tighter risk management framework
12/08/2023
The total merchandise trade comprised of an export trade value of USD4.8bn