Home Tags Africa

Tag: Africa

Algerian consumers, firms feel pinch of import bans

© Reuters. People shop at Ardis supermarket in Algiers ...

South Africa budget casts hopeful light on Moody’s review

© Reuters. Finance Minister Malusi Gigaba delivers his budget...

South African rand slightly weaker ahead of budget speech

JOHANNESBURG: South Africa’s rand was a touch weaker in early deals on Wednesday as traders refrained from making any large moves ahead of the...

South Africa has till 2019 elections to cash-in on global windfall:...

© Reuters. FILE PHOTO: Cyril Ramaphosa listens to debate in Parliament in Cape Town ...

Stocks struggle as bond yields, dollar regain traction

LONDON: A six-day rebound in world stocks began to splutter on Tuesday, as bond market borrowing costs regained traction and the dollar kicked firmly...

Malawi’s tea output up 6 percent in 2017

BLANTYRE: Production of tea, Malawi’s second largest export commodity after tobacco, rose 6 percent to 45.6 million kilograms in 2017 from 43 million kilograms...

Eyes on South African finance minister Gigaba amid talk of cabinet...

© Reuters. FILE PHOTO: South Africa's Finance Minister Malusi Gigaba addresses a news conference in Pretoria ...

Burkina Faso expects record 55 tonnes of gold in 2018

OUAGADOUGOU: Burkina Faso expects to produce a record 55 tonnes of gold in 2018, a two-thirds increase on five years ago, as new projects...

European shares build on recovery rally, Airbus shines

LONDON: A recovery rally in European stocks gathered pace for a second day on Thursday after investors brushed off a spike in US inflation,...

Gains for South Africa-exposed stocks, cyclicals soothe FTSE 100

LONDON: The UK’s top share index pushed higher on Thursday as a rally among stocks exposed to South Africa as well as banks and...

South African stocks in demand after Zuma quits

JOHANNESBURG: South African stocks index rose as much as 5 percent on Thursday, putting the main index on track for its biggest one-day gain...

NY cocoa near 2-1/2 month high as dollar, fund buying support

LONDON: New York cocoa futures rose on Thursday, hovering just below the previous day’s 2-1/2 month high as chart-inspired speculative buying lent support, while...

South Africa starts walk back to post-Zuma rehabilitation

© Reuters. South Africa's President Jacob Zuma announces his resignation at the Union Buildings in Pretoria ...

Digital money not an adequate replacement for cash, Bundesbank’s Weidmann says

© Reuters. Deutsche Bundesbank, German Federal Bank President Jens...

Asia’s soaring gas demand opens window for new LNG projects

© Reuters. FILE PHOTO: A LNG tanker is tugged towards a thermal power station in Futtsu ...