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Standard Chartered Bank lowers Uganda’s growth forecast

Standard Chartered Bank on Wednesday lowered its economic growth forecast for Uganda, citing delays in the commencement of the country's commercial oil production. ...

World Bank lowers 2019 global growth forecast amid rising trade tensions

The World Bank on Tuesday lowered its global growth forecast for 2019 to 2.6 percent, citing growing trade tensions, among other factors, according to...

Rwandan central bank lowers key repo rate to 5.5 percent

The National Bank of Rwanda (BNR), Rwanda's central bank, lowered its repo rate on Thursday to 5.5 percent from 6 percent, the bank governor...

Kenya lowers retail fuel prices

Kenya's energy industry regulator on Wednesday decreased the retail prices for diesel, super petrol and kerosene by different price margins in the latest review...

Brazil lowers interest rate to 12.25 percent

Brazil's central bank announced on Wednesday evening its decision to cut the country's annual basic interest rate Selic from 13 percent to 12.25 percent. ...

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