Condia Insider: Tower Heist Uganda
- Nigeria's Central Bank cut the Monetary Policy Rate (MPR) to 27% for the first time since COVID-19.
- Inflation in Nigeria has been decreasing for five consecutive months, reaching 20.12% in August.
- Hassanein Hiridjee is facing a shareholder dispute in Uganda regarding a takeover of Ubuntu Towers.
The recent developments in Nigeria's monetary policy and the strategic moves by Hiridjee highlight the dynamic nature of African markets. However, the geopolitical tensions surrounding South Africa's chip exports raise concerns about the long-term sustainability of its tech industry. A deeper analysis of these trends could provide valuable insights into the future of business operations in the region.
