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Nigeria Delivers Big Rate Hike to Aid Its Bruised Naira

Plunging Currencies, El Niño to Delay Rate Cuts in African Economies

The Lights Are On in South Africa and Many People Are Suspicious

(Bloomberg) South Africa is enjoying a rare streak of uninterrupted electricity right before elections, drawing more suspicion than praise in a nation that’s become accustomed to the daily power cuts that have dragged on for years.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, Russi

South Africa Set to Hold Key Rate at 15-Year High, Delay Cuts: Day Guide

(Bloomberg) South Africa’s central bank is set to keep interest rates unchanged for a fifth time in a row and signal a delayed start to an anticipated cutting cycle, with inflation risks still skewed to the upside.Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleBiden Gains Ground Against Trump in Six Key States, Poll ShowsTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionVital Baltimore Bridge Collapses After Being Struck by

South Africa Holds Rates at 15-Year High on Inflation Worry