01/02/2024
Why Kenyan CEOs doubt growth in 2024
Business expectations for the coming year [2024] were subdued and dropped slightly to a four-month low.
Comment, Analysis & Research
12/28/2023
Shaky shilling rounds off the worst run in 30 years
A weaker Kenyan shilling has escalated imported inflation by driving up the cost of imported goods and services, including petroleum products.
12/28/2023
The year 2023 in numbers
Businesses blamed what has been a tough year on high input costs, taxation, a weakened local currency and scarce dollars.
12/22/2023
88% of workers self employed, says NBS report
The unemployment rate for Q2 2023 was 4.2 per cent
12/21/2023
Increase in cost of loans highest among corporates
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
Digitally included women can bridge the exclusion gap – CEO Women’s World Banking
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
A m/m rise in federally collected revenue
Despite the increase in revenue collection on a m/m and y//y basis
12/19/2023
A marked rise in headline inflation
Nigeria’s inflation rate has risen steadily for the past 24 months.
12/18/2023
South Africa kisses over 1,500 businesses goodbye in 2023
Moreover, the total number of liquidations decreased by 13.3% % in November 2023 compared with November 2022.
12/15/2023
Major boost for businesses and consumers in South Africa
The producer price index (PPI) dropped by 0,6% month-on-month in November 2023.
12/14/2023
South African business confidence index rises in November
Despite November's increase, SACCI said in a statement that lingering economic challenges continued to drag on sentiment
12/14/2023
South Africa’s plan to boost growth by 6% and save R300 billion every year
South Africa’s National Treasury has forecast gross domestic product will grow by 1% next year.
12/13/2023
Nice surprise for South Africa – but the problems can’t be ignored
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
Innovative financial solutions needed to help South African workers in debt
Mkwebu states, “The burgeoning weight of loans and debt has taken its toll on a significant portion of our working class."
12/08/2023
South Africa's consumer confidence drops in fourth quarter - survey
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
Household demand still fragile despite growth in Q2 ‘23
It also highlights the fragility of household demand
12/08/2023
Modest m/m growth in DMBs credit extension
The modest credit growth q/q can be attributed to banks' tighter risk management framework
12/08/2023
Lower imports drives m/m rise in net trade surplus
The total merchandise trade comprised of an export trade value of USD4.8bn
12/06/2023
New hate speech laws for South Africa head to Ramaphosa to be signed
Hate speech is defined as the intentional publishing of anything that can incite or promote hate.
12/06/2023
Ghanaians should applaud us for saving the economy — BoG boss Addison tells Ghanaians
He said that in the 2020 pandemic, the central bank supported the financing of the budget to protect lives and livelihoods.