The International Monetary Fund (IMF) said on Friday it held talks with Zambian authorities over the possibility of an aid programme, and said there was a range of facilities available for the southern African country.
South African farmers are expected to harvest 84% more maize this season compared with last season as yields were boosted by increased rains, a Reuters survey of five traders and market analysts showed on Friday.
Gold miner Acacia Mining said it was incurring an average daily loss of more than $1 million in revenue at its two mines in Tanzania due to a local government directive banning exports of gold and copper concentrate.
Samsung Electronics Co Ltd on Friday said it will not adopt a holding company structure for now, rejecting demands from US activist hedge fund, Elliott Management, and putting off a long-anticipated restructuring.
Singapore-based fund, Effissimo, which has given embattled Toshiba Corp a rare vote of confidence with its purchase of 8% stake this month, said on Friday the holding was for pure investment purposes and it expected long-term price gains.