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Podcast: Good Morning Africa
Episode: Influence of the Textile Industry on the Climate change.
Description: 🎙The textile industry is valued at $1 trillion and responsible for 10% of global emissions, but there is a growing movement towards a circular economy.🎙The Bank of Uganda decided to reduce its benchmark interest rate for the first time since June 2021 to 9.5% from 10%.🎙The second quarter of 2023 saw South Africa's unemployment rate at 32.6%, which was only slightly lower than market expectations and the previous period's 32.9%.🎙Annual inflation rate in Nigeria accelerated for a sixth month to 24.08% in July. 🎙The annual inflation rate in Botswana eased for the third consecutive month to 1.5% in July.