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Economy
Fitch revises Egypt's outlook to positive on reduced external financing risks
Date:May 4, 2024
Global ratings agency Fitch revised Egypt's outlook to positive from stable on Friday.
SA residents shut down Glencore mine
Date:May 3, 2024
South Africa’s residents of Bethanie and surrounding villages outside Brits in North West province have shutdown the Glencore-Rhovan mine operations since Monday.
SA rand weaker ahead of US jobs data
Date:May 3, 2024
The South African (SA) rand was weaker early this Friday ahead of United States (US) jobs data that could hint at the Federal Reserve's future interest rate path.
Rand weaker ahead of US jobs data
Date:May 3, 2024
The South African (SA) Rand was weaker early this Friday ahead of United States (US) jobs data that could hint at the Federal Reserve's future interest rate path.
Nigeria court adjourns Binance and execs trial to May 17
Date:May 2, 2024
A Nigerian court on Thursday adjourned a money laundering trial against cryptocurrency exchange Binance and two of its executives to May 17 after a lawyer for the exchange said he had not been served with documents needed to prepare for the case.
Apple shares jump as record buyback, sales growth forecast lure investors
Date:May 3, 2024
Apple shares jumped nearly 6% before the bell on Friday as the iPhone maker's record stock buyback plan and promise of sales growth drew back investors who have shunned the stock on concerns over weak demand and increased competition in China.
“Zimbabwe has skilled people but lack capital”
Date:May 3, 2024
Zimbabwean Mining Deputy Minister, Polite Kambamura says they have skilled people in their country but lack capital.
World food prices up in April for second month: UN
Date:May 3, 2024
The United Nations food agency’s world price index rose for a second consecutive month in April as higher meat prices and small increases in vegetable oils and cereals outweighed declines in sugar and dairy products.
Nigeria could sign off on Exxon oil asset sale to Seplat within weeks
Date:May 2, 2024
ExxonMobil's Nigerian petroleum assets sale to Nigeria's Seplat could be approved in less than two weeks, the country's oil regulator told Reuters on Thursday.
Baker Hughes builds first Namibian mud plant as exploration surges
Date:May 2, 2024
Energy technology company Baker Hughes will construct a new liquid mud plant, and a separate assembly, maintenance and repair base at Namibia's Walvis Bay to cater to booming offshore exploration activities, a senior executive said.
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