Bloomberg News

AFRICA WEEK AHEAD: Kenya, Uganda Rates, Mauritius Inflation Data

March 30, 2012

Kenya’s Monetary Policy Committee meets on April 4 to discuss its latest interest-rate stance. The central bank left the benchmark policy measure at a record 18 percent for the third consecutive meeting on March 6 as surging oil prices added pressure to inflation and the currency in East Africa’s biggest economy.

Neighboring Uganda’s central bank will announce its monetary policy stance on April 2. The Bank of Uganda earlier this month cut its benchmark rate for the second consecutive month by 1 percentage point to 21 percent.

Statistics Mauritius announces March inflation data on April 6. Inflation slowed to a 15-month low of 4.1 percent in February.

     WHAT TO WATCH:

To contact the reporter on this story:
Paul Richardson in Nairobi at 
pmrichardson@bloomberg.net.

To contact the editor responsible for this story:
Antony Sguazzin at  asguazzin@bloomberg.net.




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