Analysts forecast interest rates cut
Wednesday, February 18, 2015
The annual inflation rate was recorded at 3.6 percent in January this year, a decrease of 0.2 of a percentage point on the December 2014 rate of 3.8 percent. The downward movement of annual inflation rate between January 2014 and January 2015 was attributed to the decrease in prices of commodities in the main component of transport, which dropped by 3.0 percentage points.
According to analysts at RMB Global Markets Research, the inflation rate is likely to end the first half of the year below 3.5 percent providing room for the central bank to cut the benchmark bank rate by half a percentage point.
The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...