Transparency in the distribution of basic necessities is at the heart of the concerns of the Deputy Prime Minister of the National Economy in Congo. During a meeting with the Association of Distributors, measures were discussed to ensure that the price reduction is passed on to the distribution level, in particular by requesting transparent and legally compliant practices. The aim is to establish a relationship of trust and ensure that the price reduction actually benefits consumers. Calls were also made to large importers for greater transparency in their practices. This initiative marks a significant step towards more rigorous regulation and equitable distribution of essential products.
Category: Economy
The surge in prices of frozen fish and meat in Kinshasa is impacting the purchasing power of Congolese households. Despite government measures, prices continue to rise, jeopardizing access to affordable food. Voices are being raised to demand concrete actions and sanctions against offenders. It is crucial that promises are translated into actions to relieve households and ensure equitable access to healthy food.
In an article focusing on the importance of liquidity in financial markets, we discover that liquidity is essential to ensure smooth and efficient trading. Comparing forex and cryptocurrency, the article highlights how high liquidity can provide stability and efficiency to traders, while low liquidity can introduce challenges and volatility. By shedding light on the crucial role of liquidity in risk management, the article highlights the importance of choosing reliable trading platforms like Exness to ensure a stress-free trading experience. Ultimately, liquidity is presented as a key element to conduct fruitful and successful trades in financial markets.
The increase in the price of agricultural and frozen products in Bandundu is undermining the purchasing power of residents. Between the increase in the price of chicken, fish and basic agricultural products, households are struggling to feed themselves. The reasons for this inflation, such as insecurity, poor road conditions and the scarcity of products, make the situation critical. Despite the government’s attempts to reduce the price of basic necessities, the reality on the ground shows rising prices. It is crucial to investigate the causes of this price surge and find sustainable solutions to ensure access to basic food for all.
Economic projections for 2024 show a stagnant global economy facing various challenges. Despite tight monetary policies, global growth remains weak, raising concerns for the years ahead. Estimates indicate growth slowdowns in several key countries, but some emerging economies such as India continue to contribute positively to global growth. Economic actors are called upon to be responsive to ensure sustainable growth.
At the Financial Stability Summit in Abu Dhabi, the Governor of the Central Bank of Egypt highlighted the resilience of the Egyptian banking sector and the effectiveness of macroprudential policies. Regular stress tests and assessments are essential to anticipate risks and adopt preventive measures. Cooperation between financial institutions and sound prudential policies are crucial to ensure financial stability in a complex global context.
The President of the Democratic Republic of Congo, Félix Tshisekedi, is expected in Kananga, in the province of Kasaï-Central, arousing great excitement among the local population. The presidential visit is an opportunity to express expectations in terms of development, particularly in the areas of road infrastructure, electrification and ongoing projects. The inhabitants hope to realize the promises made since Tshisekedi’s accession to the presidency. This meeting represents a crucial moment to strengthen popular support and continue the dialogue between the Head of State and the Congolese population.
Imports of digital goods into Africa pose challenges and opportunities for the continent’s economic development. Despite a low share of total imports, high tariffs hamper the competitiveness of African markets. However, the implementation of the AfCFTA could foster the flow of digital goods, boosting innovation and economic growth. Further efforts will be needed to reduce tariffs and promote competitive intra-African trade, thereby creating an enabling environment for the digital economy in Africa.
The article highlights the advent of “Fatshimétrie” in the Democratic Republic of Congo, a new public financing strategy. With an auction of $30 million in Treasury Bonds, the government aims to diversify its sources of financing and mobilize resources to support its economic projects. The 100% guarantee by the State offers security to investors, reinforcing the attractiveness of the local financial market. “Fatshimétrie” is a pillar of the DRC’s financial policy, offering promising investment opportunities and contributing to the country’s economic development.
In a context of rising fuel prices in Mbuji-Mayi, importers are facing supply difficulties due to unfavorable weather conditions. Perilous journeys and additional costs caused by rainfall directly impact selling prices, also affecting other basic necessities. To mitigate the effects of these price increases on the population, it is essential that local authorities and economic actors collaborate to find sustainable solutions, such as improving road infrastructure and regulating prices. Optimal management of supplies during rainy periods is crucial to ensure price stability and guarantee access to essential products for all residents of the city.