#Uganda: In line with our expectations, the @BOU_Official’s #MPC left the #CBR unchanged at 9.75%. #ThinkAfrica
RMB is a leading African Corporate and Investment Bank.
- #Botswana: We expect #HeadlineInflation to tick up to 10.9% y/y in July, from 10.7% in June, largely driven by transport costs and base effects. #ThinkAfrica
- #Namibia: #HeadlineInflation held steady at 4.4% y/y in July 2026, unchanged from June and below our expectations of 4.6%, as higher food and housing costs were offset by softer transport #inflation. #ThinkAfrica
- #SouthAfrica: #Mining production fell by 2.7% q/q in 2Q26, pointing to a negative contribution from the sector to Q2 GDP growth. #Markets

