Banking and FinanceTop StoriesPakistan’s central bank has room to slash interest rate further, say analystsGBO CorrespondentAugust 5, 2025 GBO CorrespondentAugust 5, 2025 The State Bank of Pakistan maintained the policy rate at 11% at...
EconomyTop StoriesSouth Africa’s GDP outlook gets biggest cut since 2023GBO CorrespondentJune 25, 2025June 26, 2025 GBO CorrespondentJune 25, 2025June 26, 2025 Statistics South Africa revised its estimate of fourth-quarter growth to 0.4% quarter-on-quarter,...
Banking and FinanceTop StoriesSaudi Arabia becomes part of China’s trial of yuan digital currency paymentsGBO CorrespondentOctober 24, 2024 GBO CorrespondentOctober 24, 2024 As the digital yuan is having issues at home, a new trial...
Banking and FinanceTop StoriesGhana central bank slashes key rate as inflation outlookGBO CorrespondentOctober 3, 2024 GBO CorrespondentOctober 3, 2024 According to Reuters polled economists in July 2024, Ghana's interest rate would...
Banking and FinanceTop StoriesGulf central banks slash interest rates following US Federal Reserve’s leadGBO CorrespondentSeptember 24, 2024 GBO CorrespondentSeptember 24, 2024 After hiking it 11 times in 16 months and then holding it...
EconomyTop StoriesChina central bank adviser calls for greater stimulus, inflation goalGBO CorrespondentAugust 7, 2024 GBO CorrespondentAugust 7, 2024 Huang Yiping suggested that China accelerate its fiscal spending and change its...
EconomyTop StoriesEgypt’s way out of crisis: Finance Minister Mohamed Maait charts the road aheadGBO CorrespondentApril 25, 2024April 24, 2024 GBO CorrespondentApril 25, 2024April 24, 2024 Over the previous ten years, Egypt has created development by using foreign...
EconomyTop StoriesInflation impact: Turkey’s central bank raises interest rate to 40%GBO CorrespondentNovember 30, 2023November 30, 2023 GBO CorrespondentNovember 30, 2023November 30, 2023 Turkey's annual inflation dropped marginally to 61.36% in October from the nine-month...
Banking and FinanceTop StoriesFollowing US Fed’s lead, MENA economies announce their latest move against inflationGBO CorrespondentNovember 7, 2023November 7, 2023 GBO CorrespondentNovember 7, 2023November 7, 2023 The MPC reiterates that the path of future policy rates remains a...
EconomyTop StoriesNigeria faces 18-year high inflation due to President Bola Tinubu’s reformsGBO CorrespondentSeptember 22, 2023September 21, 2023 GBO CorrespondentSeptember 22, 2023September 21, 2023 Because of Nigeria President Bola Tinubu's decision to allow the naira to...