Central banks in Ghana, Mozambique and South Africa continued their monetary easing cycles this week, and the dovish tone of South Africa's meeting supports our below-consensus rate forecast. Meanwhile, Sub-Saharan African countries seem to have got off relatively lightly on US tariffs today, particularly compared with the “Liberation Day” rates. South Africa, however, is stuck with a steep 30% tariff alongside a separate 25% auto tariff that is already hurting the sector.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services