Finance

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US Dollar take knock as government shutdown begins

The United States (US) Dollar sank to a one-week low versus major peers as the US government entered a shutdown that is likely to delay the release of crucial jobs data

SA’s Capitec Bank reports 26% rise in half-year profit

South African (SA) lender Capitec Bank reported on Wednesday a 26% rise in half-year profit

African exports face immediate damage from lapse of US trade initiative

The lapse of a flagship United States (US) trade initiative with Africa that expired overnight is putting scores of businesses on the continent and hundreds of thousands of jobs at risk, raising fears that even a promised extension may come too late.

Kenya’s inflation rises slightly to 4,6% year-on-year

Kenya’s inflation rose slightly to 4,-6% year-on-year in September, up from 4,5 % the previous month

French nuclear group, Orano announces 1 500 metric ton stockpile of uranium in Niger mine

French nuclear group, Orano says 1 500 metric tons of uranium are stockpiled at its expropriated SOMAIR mine in northern Niger

BMW to recall over 145 000 US vehicles, citing starter motor defect

BMW is recalling over 145 000 vehicles in the United States (US) as an overheated starter could increase the risk of a fire, the US National Highway Traffic Safety Administration (NHTSA) said on Wednesday.

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FINANCE

FINANCE

US Dollar take knock as government shutdown begins

SA’s Capitec Bank reports 26% rise in half-year profit

African exports face immediate damage from lapse of US trade initiative

Kenya’s inflation rises slightly to 4,6% year-on-year

French nuclear group, Orano announces 1 500 metric ton stockpile of uranium in Niger mine

BMW to recall over 145 000 US vehicles, citing starter motor defect

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