insert_link AfricaBotswana Holds Interest Rate Steady Amid Rising Inflation Botswana’s central bank has maintained its monetary policy rate at 1.90% for the third consecutive meeting, the bank announced on Thursday says CNBCAfrica. Inflation rose to 2.5% in January, up from 1.7% in December, but remains below the Bank of Botswana’s preferred range of 3% to 6% in the medium term. The country’s economy, heavily reliant on diamond exports, faced a contraction last year due to weakened global demand for […] today21 February, 2025
insert_link Business / EconomicsGlobal demand and drought impact GDP The Bank of Namibia has released the Economic Outlook update for December 2024. The domestic economy is estimated to expand by 3.5 percent in 2024 and 4.0 percent in 2025. However, GDP growth is expected to slow in 2024 due to weaker global demand for minerals and drought-related impacts. Here is Josefina Oskar from the Bank of Namibia. today2 December, 2024
