Kenya Abandons Eurobond Plan in Change of Funding Strategy
Kenya has dropped plans to tap international capital markets this fiscal year due to the high cost of
2023-11-28 16:52
ArcelorMittal to Cut 3,500 Jobs in South Africa as Growth Slows
ArcelorMittal South Africa Ltd. will shut its long steel products business and cut as many as 3,500 jobs,
2023-11-28 16:27
Norway’s $1.5 Trillion Wealth Fund Recommends Adding Private Equity
Norway’s $1.5 trillion wealth fund recommended that private equity be added to its investment portfolio, reflecting a broader
2023-11-28 16:23
Sweden’s Property Owners Need to Cut Debt Further, Watchdog Says
Sweden’s heavily indebted commercial real estate owners remain vulnerable to rising borrowing costs, and may need to reduce
2023-11-28 16:17
South African Plan Paves Way for $80 Billion Energy Transition
An $80 billion South African investment plan to begin transitioning the economy away from fossil fuels over five
2023-11-28 15:59
One Corner of China’s Weak Market Is Seeing a $25 Billion Rally
Investors desperate for returns in China’s lackluster equities are scooping up some of the smallest and most volatile
2023-11-28 15:56
Saudi PIF Raises Up to $5 Billion Loan With Korea Export Agency
Saudi Arabia’s sovereign wealth fund raised a loan of up to $5 billion from a group of nine
2023-11-28 15:53
Lessons From the Country With World’s Largest HIV Epidemic
South Africa, with the world’s biggest number of HIV cases, has in the past five years reduced the
2023-11-28 15:23
Kyiv’s Harsh Winter Deepens Gloom Over Battlefield Failures
A sense of gloom is settling over Ukraine as the failure of a months-long counteroffensive gives way to
2023-11-28 13:29
‘Paramilitary’ Tax Agents Deployed in Kenya Budget Revenue Drive
As the scores of young tax agents went door-to-door in Nairobi’s Eastleigh district, shopkeepers shifted nervously. President William
2023-11-28 13:22
Foreign Investment in Europe’s Big Startups ‘Grinding to a Halt’
Overseas investment into Europe’s latter-stage technology startups dropped to a four-year low, according to a report from venture
2023-11-28 13:22
OPEC Defends ‘Vilified’ Oil Industry on Eve of Climate Meeting
OPEC issued a strongly worded defense of the oil-and-gas industry days before the start of the biggest ever
2023-11-28 12:19