Africa Today’s main economic and political developments across the continent

LAGOS (Capital Markets in Africa): While this week’s CPI print in South Africa changed the discussion from whether the Sarb will cut in September to by how much, other smaller central banks seem to be well ahead of the curve. North of the border, Botswana’s central bank has recently implemented its second 25-bps policy rate cut this year. Another cut is expected in 2024. Meanwhile, Rwanda, too, has implemented a second-consecutive policy rate cut, with another expected before year-end. In contrast to these efforts to ease pressure on households, Egyptian...