Transnet CEO Fears Major Job Losses in Trucking Industry After Road Demand Fades
South Africa’s surge in trucking that’s emerged largely due to higher coal prices and train bottlenecks may lead
2023-08-18 18:59
RRJ Invests $300 Million in Yinson in Its First Malaysia Deal
Malaysia’s Yinson Holdings Bhd. secured $300 million from RRJ Capital for its floating production storage and offloading vessel
2023-08-18 17:45
Xi’s Visit to South Africa for BRICS Marks Rare Trip Abroad
Chinese President Xi Jinping will attend the BRICS summit in South Africa next week, a rare journey abroad
2023-08-18 11:15
Asia Stocks Set to Decline as Selloff Intensifies: Markets Wrap
Shares in Asia are poised to drop as investor concern that monetary policy makers may not be done
2023-08-18 06:46
Nigeria Bonds Jump as Big Corporate Loan Boosts Dollar Liquidity
The price of Nigerian government dollar bonds jumped after the country’s state-owned energy company obtained a $3 billion
2023-08-17 23:58
South African Reserve Bank Leaves Door Open to More Hikes
South Africa’s central bank remains concerned by the risks to the inflation outlook and may resume hiking interest
2023-08-17 18:51
South Africa Sees Deal With China to Secure Solar Panel Supply
South Africa’s electricity minister said he expects to seal a deal with the Chinese government next week that
2023-08-17 17:52
Takealot Starts Cape Town Rapid Delivery Before Amazon Comes
Takealot, South Africa’s leading online retailer, is introducing delivery within an hour for items ranging from phone chargers
2023-08-17 16:53
Asia Shares Face Pressure as US Stocks, Bonds Drop: Markets Wrap
Shares in Asia are primed for declines Thursday after a selloff in US stocks and bonds following hawkish
2023-08-17 06:55
Wall Street’s Most Hated 3 Letters Prove Too Risky to Ignore
As the label “ESG” ends up among the most hated on Wall Street, the financial cost of ignoring
2023-08-17 02:59
Naira Jumps in Parallel Market After Central Bank Warns Traders
The naira jumped in Nigeria’s parallel market on Wednesday as local traders responded to a warning from the
2023-08-17 01:24
Rand Seen Getting a Boost From Better South African Power Supply
South Africa’s rolling blackouts have been blamed by strategists as the single biggest factor weighing on the rand.
2023-08-16 21:51