MPC Maintains Status Quo – Better Safe than Sorry

Dear Subscriber,

The MPC left the policy rate unchanged at 14%p.a, just as in Ghana, Angola and South Africa. This is the 13thconsecutive time of maintaining the status quo. However, this time, the decision was not only wise but well deserved, considering the growing threat of external imbalances and rising price inflation.

In the attached slides, which Bismarck Rewane discussed on Channels TV news at 10 program, you can see the immediate and wider impact of this decision on your sector and business.

Do enjoy your read…