Macro Analysis /

Zambia leaves rates on hold, Nigeria PMI slides to a 6-month low

  • Bank of Zambia’s holds its policy at 8.5% as a strong advance in the Kwacha helps cool inflation

  • Rally in Zambian Eurobonds stalls on Wednesday, broader bullish bias remains intact

  • Nigeria’s economy-wide PMI falls to a 6-month low in August

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
2 September 2021
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