Tag: Fitch

The Central Bank of Nigeria (CBN) is expected to keep the naira/US dollar exchange rate near the current NGN416/USD over the course of the year, according to Fitch Solutions. The ...

Beer accounts for around 99 per cent of total alcohol consumption in Ethiopia, with the average adult expected to consume around 18.4 litres in 2022, slightly above 18.2 litres being ...

Covid-19-linked lockdowns in the world’s largest consumer of metals, China, is impacting the demand for metals, resulting in lower metal prices, albeit metal prices are expected to remain above pre-Russia-Ukraine ...

Headwinds are already building up in Ghana’s commodity exports, albeit a stronger gold production in 2022 from Asante Gold’s expected Q3 2022 output will act as tailwind to the country’s ...

South Africa is expected to record a current account surplus of 3.3 per cent of GDP in 2022- the third successive annual surplus from a record 3.7 per cent in ...

Fitch Ratings has cut its growth forecast for the global economy by 0.7 percentage points to 3.5% in 2022 and made a sharp upward revision to inflation forecasts in its ...

Fitch Ratings has raised its metals and mining price assumptions, reflecting increased post-pandemic demand, tight markets and short-term supply disruptions, particularly due to the Russia-Ukraine conflict. Based on Fitch’s new ...

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has responded swiftly to recent economic challenges by increasing the policy rate by 250 basis points to 17 percent ...

Ghana’s real GDP growth is expected to moderate in 2022, with growth forecast of 4.8 per cent, down from an estimated 5.0 per cent in 2021, largely driven by elevated ...

Real household spending in Angola is expected to grow by 3.4 per cent over 2022, moderating from 3.6 per cent in 2021 as favourable base effects wear off, and supported ...