Congo’s New Rules Could Force Banks to Sell Stakes of Up to 45%
A directive from the Democratic Republic of Congo’s central bank has lenders in the country concerned they may
2023-11-24 15:48
South Africa’s Climate Pact to Channel Money to Coal Belt
South Africa’s investment plan for the $8.8 billion pledged in climate finance by some of the world’s richest
2023-11-24 14:55
Short Truce Between Israel and Hamas Goes Into Effect in Gaza
The first truce since the war between Israel and Hamas erupted last month went into effect on Friday
2023-11-24 13:27
Transnet Needs More Than a Plan to Fix South Africa’s Logistics
South Africa’s Transnet SOC Ltd. has a turnaround plan to ease port and rail snarl-ups that have hamstrung
2023-11-24 12:45
Oil Holds Decline as OPEC+ Dispute Clouds Outlook for Production
Oil held a decline after the OPEC+ alliance was forced to delay a critical meeting amid a dispute
2023-11-24 08:24
NBA Africa’s First CEO to Step Down Amid Other Senior Departures
The National Basketball Association’s inaugural chief executive officer for its African business is leaving, the latest in a
2023-11-24 07:53
Asia Stocks Set to Open Mixed as Dollar, Oil Slip: Markets Wrap
Shares in Asia were primed for a mixed open with the Thursday holiday in the US offering little
2023-11-24 07:21
Namibia’s Oil Firm Strikes Deal With Gunvor After Record Loss
Namibia’s state oil company signed a supply deal with Gunvor Group Ltd. after reporting an “unprecedented” loss because
2023-11-24 00:47
Failing Rail, Ports Are New South African Growth Risk, SARB Says
South Africa’s central bank is concerned that the country’s failing port and rail network is thwarting efforts to
2023-11-23 23:49
OPEC+ Says Delayed Meeting Will Be Held Online
The OPEC+ meeting that was pushed back by several days to Nov. 30 will now be held online,
2023-11-23 22:51
South Africa Holds Rates Again at Last MPC Meeting of 2023
South Africa’s central bank kept its benchmark interest rate unchanged, while warning that inflationary risks persist and that
2023-11-23 22:45
Panama Copper Mine Is Winding Down Amid Blockade, Union Says
First Quantum Ltd.’s copper mine in Panama is winding down operations as a blockade of small boats at
2023-11-23 22:23