Bitcoin's price holds steady around $62,705 with a minimal change, hovering around 0.02 per cent over the past 24 hours. Despite this stability, the total market capitalization of Bitcoin remains significant, sitting at $1.23 trillion. 

Bitcoin volatile ahead of halving 

Weak governance at board level, poor cash management and weak financial controls continue to trigger business distress according to the latest Deloitte Africa Restructuring Survey. 

Deloitte Africa Restructuring Survey reports declining pessimism 

Headline Inflation in Malawi has been trending down this year falling from 35 per cent in January to 31.8 per cent. 

Malawi’s Central Bank expects 2024 growth to almost double to 3.2%

PSG Financial Services says it will continue to invest in its business and secure prospects for long term growth despite the short term headwinds. 

PSG Financial Services FY HEPS jumps 11%

Rwanda's consumer prices rose in March 2024, climbing 4.2 per cent year-over-year compared to March 2023. 

Rwanda’s March CPI climbs to 4.2%

The Kenyan shilling has surged by an impressive 15.2 per cent in the first quarter of the year and continues to gain strength against the dollar, currently trading at sh131 against the dollar. 

Kenyan shilling strength in question as bonds tighten

Isaac Kofi Agyei, an Analyst at SBM Intelligence joins CNBC Africa for more. 

SBM: Power outages cost Ghana over $680mn yearly

The International Monetary Fund maintains its projections for Sub-Saharan Africa expecting a GDP growth of 3.8 per cent this year. 

IMF revises Nigeria’s GDP growth to 3.3% in 2024

The International Monetary Fund projects Ghana’s economy will grow 2.8 per cent this year and 4.4 per cent next year on the back of on-going reforms. 

IMF projects Ghana’s economy to grow 2.8% in 2024

The Governor of the Central Bank of Nigeria, Olayemi Cardoso says the recent drop in the country’s foreign exchange reserves is due to debt obligation and not defending the naira. 

Cardoso: Nigeria’s shift in Fx reserves due to debt obligation

Nigeria is developing its National Artificial Intelligence Strategy with an aim to accelerate AI adoption. 

Nigeria moves to develop AI regulatory framework

The Central Bank of Nigeria cut the loan-to-deposit ratio of banks to 50 per cent from 65 per cent stating the review is to align with the current monetary tightening stance. 

Bitcoin volatile ahead of halving

Deloitte Africa Restructuring Survey reports declining pessimism

Malawi’s Central Bank expects 2024 growth to almost double to 3.2%

PSG Financial Services FY HEPS jumps 11%

Rwanda’s March CPI climbs to 4.2%

Kenyan shilling strength in question as bonds tighten

SBM: Power outages cost Ghana over $680mn yearly

IMF revises Nigeria’s GDP growth to 3.3% in 2024

IMF projects Ghana’s economy to grow 2.8% in 2024

Cardoso: Nigeria’s shift in Fx reserves due to debt obligation

Nigeria moves to develop AI regulatory framework

CBN cuts banks’ loan to deposit ratio to 50%

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Bitcoin volatile ahead of halving

Deloitte Africa Restructuring Survey reports declining pessimism

Malawi’s Central Bank expects 2024 growth to almost double to 3.2%

PSG Financial Services FY HEPS jumps 11%

Rwanda’s March CPI climbs to 4.2%

Kenyan shilling strength in question as bonds tighten

SBM: Power outages cost Ghana over $680mn yearly

IMF revises Nigeria’s GDP growth to 3.3% in 2024

IMF projects Ghana’s economy to grow 2.8% in 2024

Cardoso: Nigeria’s shift in Fx reserves due to debt obligation

Nigeria moves to develop AI regulatory framework

CBN cuts banks’ loan to deposit ratio to 50%

News Tips

Advertise With Us

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