ECB cuts rate, eases rules on fiscal policy

The ECB will roll out its big guns at its monetary policy meeting this week, ramping up its trillion-euro asset purchases and cutting key rates to hike weak inflation, analysts said.

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Tanzania’s annual headline inflation rate decreased to 6.4 per cent in June 2014, from 6.5 per cent recorded in May as the speed of food prices went down during the month, the National Bureau of Statistics has announced.

Uganda's central bank cuts rate by another 100 bps, to buy treasury bonds  african-markets.com

>In last week’s article, the author outlined the need for periodic policy reviews in Tanzania with the Small and Medium Enterprises (SMEs) Development Policy, 2003 as a case study. The article described what policies are and why policy reviews are necessary.

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The European Central Bank said on Friday it will publish the results of new stress tests of eurozone banks on October 26, before it takes over as the region’s banking supervisor.

Vodacom Tanzania yesterday launched an online payment service through the Vinjari web-based platform which enables local businesses registered under Vinjari.co.tz to receive payment online from the purchase of services via M-Pesa.