July 28, 2021/CSL Research PiggyVest, a financial technology (FINTECH) platform announced on Tuesday, the acquisition of Savi.ng, a wealth management app launched in 2018 that allows users to save through various features like automated savings, fixed deposits, joint savings, and PAYE. The acquisition is expected to help PiggyVest play a […]

July 28, 2021/CSL Research As expected, the Monetary Policy Committee (MPC) at the end of yesterday’s meeting, unanimously elected to: Retain the Monetary Policy Rate (MPR) at 11.5%. Retain the Asymmetric corridor around the MPR at +100/-700bps. Retain the Cash Reserve Ratio (CRR) at 27.5% and Retain the Liquidity Ratio […]

July 27, 2021/IMFBlog By Gita Gopinath The global economic recovery continues, but with a widening gap between advanced economies and many emerging market and developing economies. Our latest global growth forecast of 6 percent for 2021 is unchanged from the previous outlook, but the composition has changed. The recovery is […]