Ethiopian Parliament in its convening of June 13/2019 approved in to Law the Ethiopian Communication Regulatory Proclamation. This is a huge step in reforming Telecom Sector as promised by PM Dr. Abiy Ahmed. #Ethiopia is going #Digital, @ITU @ITU_BDTDirector
— Dr.-Ing. Getahun Mekuria (@DrGetahun) June 14, 2019
Nigeria unexpectedly cut its Monetary Policy Rate (MPR) by 100 basis points from 12.50% to 11.50% in an attempt to boost the economy by providing cheaper credits. Analysts, who see the rate cut as suppressing bond yields, aren’t exactly confident this will work.