Economy

Record cocoa prices, market turbulence propel systematic hedge funds ahead of peers

Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge funds using systematic strategies outperform their peers in the first quarter, according to industry players and investors.

more

Healthcare crisis deepens as Kenya Doctors' Strike enters second week

A nationwide strike by doctors has severely disrupted services at several government hospitals, already under strain from shortages of medicines and equipment.

more

Jooste passing has no impact on Steinhoff investigation: FSCA

The Financial Sector Conduct Authority (FSCA) says that the passing of Markus Jooste does not have an impact on its ongoing investigation relating to Steinhoff.

more

Nigeria's Naira firms after central bank clears FX backlog

Nigeria's Naira firmed to 1,312.51 per dollar during mid-day trades this Friday, LSEG data showed, after the central bank said late on Wednesday it had cleared its entire verified foreign exchange backlog.

more

Israel approves new parcel of West Bank land for settlement

Israeli Finance Minister Bezalel Smotrich this Friday declared 800 hectares in the occupied West Bank as state land, in a move that will facilitate the use of the ground for settlement building.

more

MTN SA annual profit slumps on Naira devaluation

Africa's biggest telecoms operator MTN Group on Monday reported a 72.3% tumble in full-year profit as a sharp devaluation in the Nigerian Naira pushed its biggest unit MTN Nigeria to a loss.

more

Skills development program targetted at young women launched in South Sudan

The Banat Power Initiative, founded by Emma Kwaje, has launched a call for participation to young girls in South Sudan.

more

Nigeria gives businesses four years to adopt eco-friendly reporting standards

Nigeria this Friday said it will oblige companies to disclose their eco-friendly practices and how they manage the effects of climate change in their financial reporting within four years or face sanctions.

more

Tunisia's central bank keeps key interest rate unchanged at 8%

Tunisia's central bank has kept its benchmark interest rate unchanged at 8%, an offical at the bank told Reuters this Friday.

more

Apple accused of monopolising smartphone markets in US antitrust lawsuit

The United States (US) Department of Justice and 15 States this Thursday sued Apple, as the government cracks down on Big Tech, alleging the iPhone maker monopolised the smartphone market, hurt smaller rivals and drove up prices.

more

Web Content Viewer (JSR 286)

Actions
Loading...

ADVERTISEMENT

Web Content Viewer (JSR 286)

Actions
Loading...