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African Central Banks Pivot to Easing as Inflation Retreats
ACCRA, Ghana (January 16, 2026) – African central banks are increasingly shifting from monetary tightening to easing as inflation rates fall to multi-year lows across the continent. After aggressive interest rate hikes in 2022–2023 to tame price surges, policymakers in countries from Ghana to Kenya have begun cutting benchmark rates in response to sharply lower inflation. The trend signals a new phase of monetary policy aimed at supporting growth now that earlier inflationar
Jan 209 min read


East Africa’s Central Banks Hold Steady Amid Low Inflation
January 16, 2026 East African central banks are entering 2026 with a cautious but optimistic stance. With inflation rates easing to multi-month lows and currencies largely stable, monetary policymakers in Uganda, Tanzania, and Kenya have opted to hold or even ease their benchmark interest rates. This coordinated trend reflects confidence that price stability can be maintained while providing room for policies that support economic growth in the region. Uganda: Policy Rate Unc
Jan 164 min read


Ghana Unleashes $1 Billion FX Intervention to Sustain Cedi’s Historic Gains
Accra, January 15, 2026 – Ghana’s central bank is moving decisively to reinforce the country’s currency after an unprecedented year of gains. The Bank of Ghana (BoG) has announced plans to inject up to $1 billion into the foreign exchange market in January 2026 to stabilize the cedi following its remarkable 40.7% appreciation against the US dollar in 2025. The intervention – the largest in recent memory – aims to dampen volatility and sustain the cedi’s historic gains a
Jan 167 min read


Zimbabwe’s Tight Money Policy Slows Inflation to 15%, But Fragile Calm Tests Financial Sector
Harare, January 12, 2026 – Zimbabwe’s central bank is touting a rare victory over inflation, as new data show annual price growth plunged to about 15% in December, down from 19% in November and far below the triple-digit rates seen earlier in 2024. Month-on-month inflation has virtually flatlined – rising just 0.2% in December – amid aggressive moves to choke off money supply growth and stabilize the Zimbabwe dollar. The authorities credit an austere monetary stance, includin
Jan 1410 min read


ZiG, Tight Money and 6.6% Growth: Is Zimbabwe Finally Turning the Corner?
On paper, Zimbabwe’s story in late 2025 looks almost unrecognisable from the crisis headlines of just a few years ago. The World Bank’s latest Zimbabwe Economic Update projects 6.6% GDP growth in 2025 , outpacing most of Sub-Saharan Africa, driven by a rebound in agriculture, services, and renewed investment in mining and steel. Inflation, which has been triple-digit more often than not over the past decade, is now falling sharply : industry data show ZiG-based annual inflat
Dec 15, 20255 min read


Zimbabwe’s Golden Gamble: Can ZiG and a Gold Boom Finally Tame Inflation?
On a busy street in central Harare, shopkeepers still quote prices in both U.S. dollars and the Zimbabwe Gold (ZiG) – but the tone of the conversation has shifted. After years of relentless price surges, inflation has suddenly fallen hard , dropping from 82.7% in September to 32.7% in October 2025 , its lowest level in nearly two years. Business groups and policymakers say this is no accident. A new, partly gold-backed currency, firmer monetary policy and an unexpected gold p
Nov 24, 20255 min read


Ghana Cuts Interest Rates by 300 Basis Points—A Turning Point for the Economy
After two years of battling inflation, debt pressures, and tight liquidity, Ghana has just delivered a bold and unexpected signal: it’s...
Aug 3, 20252 min read

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