AFRICAN MARKETS
Fitch Affirms MTN at ‘BB’; Withdraws Ratings
KEY RATING DRIVERSThere has been no material change in MTN's credit profile since the previous rating action on 9 April 2020. The affirmation reflects ...
AFRICAN MARKETS
Fitch Affirms Ghana at ‘B’; Outlook Stable
The pandemic has affected Ghana's domestic economy through lockdowns on its two biggest cities and the related global shock has impacted trade and ...
AFRICAN MARKETS
Safaricom borrows Sh24bn as corona cuts profit 6%
Safaricom (NSE:SCOM) borrowed additional short-term bank loans amounting to Sh24.7 billion in the half year ended September when its net profit dropped six ...
AFRICAN MARKETS
Nigerian Stock Exchange Triggers Circuit Breaker as ASI rose beyond the set threshold of 5%
The Circuit Breaker protocol was triggered by the increase of the NSE ASI from 33,268.36 to 34,959.39. The market reopened at exactly 1:25p.m. ...
AFRICAN MARKETS
Mozambique holds rate as inflation seen rising in 2021
Details Written by Central Bank News Published: October 21, 2020 6:01 PM Mozambique's central bank left its key interest rate steady for the ...
AFRICAN MARKETS
Malawi’s central bank cuts rate for the 1st time in 2020 on lower growth, CPI
"In arriving at this decision, the Committee noted that headline inflation has been declining since January 2020 and the inflation outlook appears favorable," ...
