Absa’s Ridle Markus on Africa’s monetary response to COVID-19

As COVID-19 cases climb in Africa, countries have had monetary responses to the issue such as South Africa and Namibia cutting by 100 basis points, Ghana by 150 and Nigeria keeping rates unchanged in yesterday’s MPC announcement. Joining CNBC Africa to unpack the economic impact of monetary response to COVID-19 in Africa is Ridle Markus, Africa Strategist at Absa Corporate and Investment Banking.