July 20, 2022/CSL Research At yesterday’s MPC meeting, the authorities further raised the Monetary Policy Rate (MPR) by 100bps to 14.0% from 13.0%. The major consideration was the faster rise in inflation despite a prior 150bps hike.   The further rise in the MPR, if it translates to an increase […]

July 20, 2022/CSL Research There were speculations yesterday that the Nigerian National Petroleum Company (NNPC), now limited, approved an upward review in the pump price of Premium Motor Spirit (PMS) from N165/litre to N179/litre. These speculations were on the back of a document being circulated and titled PMS pump price […]

By fast-tracking the development of recent gas discoveries, accelerating exploration activities and maximizing gas exploitation, South Africa has an opportunity to reduce blackouts across the country. Image Credit: AEC July 20, 2022/AEC While South Africa’s energy crisis continues to worsen with state utility Eskom intensifying the implementation of load shedding; […]