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Download MEFMI Annual Report

regional intergration

gdp2017

 
 

In realization of the important role the Public-Private Partnerships (PPPs) plays in providing alternative source of financing public investments, MEFMI has included management of PPPs amongst the areas of capacity building. The first activity was a regional workshop on Managing PPPs held from 13 to 17 June 2016 in Swaziland. The main objective of the workshop was to enhance capacity of debt managers and other stakeholders on effective management of PPPs with a view of tapping their benefits while minimizing the inherent risks.

Rwanda’s economy remained strong in 2015, with a GDP growth rate of 6.9 percent, steered by strong construction and services activity, mostly undertaken by the public sector. This is despite a decline in mining exports by almost half that emanated from the drop in global commodity prices, leading to a significant decline in foreign exchange earnings. The decline in export earnings, combined with tighter conditions for private inflows and appreciation of the US$, led to a 7.5 percent depreciation of the Rwandan franc during the year, and a sharp drawdown of official reserves. The current account deficit worsened to 18.1 percent of GDP in 2015, from 16.4 percent a year earlier. Consumer price inflation, however, remained stable, averaging 2.5 percent during the year. Monetary policy remained largely accommodative through end-2015 but was tightened in the first quarter of 2016. Nevertheless, macroeconomic policy performance through December 2015 remained favourable and was supported by structural reforms, notably improved domestic revenue collection, reduced liquidity overhangs, and strengthened financial market supervision.

MEFMI is inviting applications from suitably qualified individuals for the position of Programme Manager Fiscal Policy and Financial Programming, reporting to the Director, Macroeconomic Management Prgramme. The incumbent will be responsible for carrying out capacity building activites with a special focus on Financial Programming and Policy, Fiscal Policy Management (Revenue Policy and Administration and Public Expenditure), Government Finace Statistics, National Accounts and Governance among others.

Applications should be received by  29 July 2016. Applications received after the closing date and time will NOT be considered.

MEFMI is an equal opportunity employer

Please click here to view the full details of the advert.

MEFMI is conducting a Regional Workshop on Micro Prudential Stress Testing in Kigali, Rwanda from 18 to 22 July 2016. The regional workshop, which is being held at the Galaxy Hotel has attracted 30 participants from nine (9) Central Banks namely Botswana, Lesotho, Malawi, Mozambique, Swaziland, Tanzania, Uganda, Rwanda and Zimbabwe.

 

The planned introduction of bond notes by the Reserve Bank of Zimbabwe (RBZ) sometime in October 2016 is likely to be met with market resistance.  This came out during the MEFMI Policy Seminar that was held on Thursday 7 July 2016 to discuss research findings from a study conducted by Dr. Albert Makochekanwa. Dr. Makochekanwa is the Deputy Dean in the Faculty of Social Studies, and Acting Chairperson of the Department of Economics, at the University of Zimbabwe.

 

MEFMI is calling upon reputable design and printing companies to bid for the supply of a tent calendar. The theme for the calendar is cities by night.

Supplier to source high quality, high resolution photos, specific to each MEFMI member country.  Photos to be sourced from reputable photographers. 

Supplier to design and print 1000 units of the MEFMI 2017 tent calendar. 19 A5 size sheets, printed full colour back to back.  19th sheet base board. Calendar printed on Hi-Q matt 350 gsm. Vanished on all sides. Wiro-bound at the top. 

Suppliers to submit sample designs based on the theme via email or through drop box. The quotation should clearly indicate the cost for the photos.

Please email designs and quotation by midday on 5 July 2016 to This email address is being protected from spambots. You need JavaScript enabled to view it.

By ABDUEL ELINAZA  21 JUNE 2016
THE central banks in Eastern and Southern Africa have started giving the Chinese Renminbi (Yuan) due consideration as both reserve, investment and settlement currency.

By TZ Business News Staff.

chinese yuanThe Chinese currency Renminbi, also called the Yuan, has this year attracted special attention in two of Africa’s main trading blocks—Southern African Development Community (SADC) and the East African Community (EAC).

Fourteen central bank governors accompanied by financial analysts and experts from the nations of Angola, Botswana, Burundi, Kenya, Lesotho, Malawi, Mozambique, Namibia, Rwanda, Swaziland, Tanzania, Uganda, Zambia and Zimbabwe meet in Dar es salaam, Tanzania, on Monday, June 20, 2016 to discuss among other issues the effect of the Yuan on SADC and the EAC following its adoption by the International Monetary Fund (IMF) and the World Bank as a medium of international trade settlements.

VENUE: BANK OF TANZANIA, DAR ES SALAAM, TANZANIA

DATE: 20 JUNE 2016

Central Banks Govenors from the MEFMI region will meet for the annual Forum that will be held at the Bank of Tanzania on Monday 20 June 2016. The event will be attended by up to 40 officials comprising 14 Central Bank Governors and Deputy Governors from the MEFMI region, technical experts from Investec Asset Management and the Bank for International Settlements (BIS) in Basel, Switzerland. Investec is the financial partner for the event.   The Forum will be held back to back with the Bank of Tanzania Golden Jubilee celebrations on 22 June 2016.

 

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