Africa's Central Bank Push, Zambia's Rating Upgrade, Ghana's Festive Slowdown

African Central Bank Initiative Gains Momentum: Zambias Credit Rating Upgrade Boosts Investor ConfidenceAfricas push for a unified financial system takes a significant step forward with the renewed push for an African Central Bank. Meanwhile, Zambia receives its first credit rating upgrade in five years, signaling progress in debt restructuring and improved economic management. This upgrade could attract new investments and open up fresh financing opportunities for the nation.In contrast, Ghanas festive season faces an unusual slowdown due to rising inflation and a weaker national currency. Shoppers are cutting back on holiday spending, impacting local businesses that rely on year-end sales. Traders in major cities report fewer customers and lower sales, as essential goods become more expensive.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.