Glencore Said to Prepare Sweetened Teck Bid as Deadlock Drags On
Glencore Plc is getting closer to increasing its offer for Teck Resources Ltd., in a move aimed at
2023-05-31 06:49
Kenya Dollar Bonds Jump as World Bank Loan Eases Debt Concerns
Kenyan dollar bonds rose on Monday after the World Bank approved a $1 billion loan to support the
2023-05-30 22:48
Mercuria Enters Suez Canal Refueling as Egypt Opens Market
Mercuria Energy Group’s ship-fueling business Minerva Bunkering started deliveries in Egypt, becoming the first international service to enter
2023-05-30 20:29
Poor Fashion Choice Hits Top African Clothing Retailer’s Profit
Pepkor Holdings Ltd. posted a drop in first-half earnings because Africa’s largest clothing retailer failed to get the
2023-05-30 15:30
South Africa Paves Way for Immunity for BRICS Summit Attendees
South Africa’s government will provide diplomatic immunity to attendees of two meetings of officials from the BRICS group
2023-05-30 13:46
Climate Costs Mount for Poorer Nations Already Burdened by Debt
Pakistani Prime Minister Shehbaz Sharif warned world leaders at the COP27 climate talks last November that developing nations
2023-05-30 12:17
Europe’s Unwanted Coal Heads to China and India as Heat Builds
Coal cargoes unwanted in Europe are heading to Asia, where utilities are stockpiling the fuel amid sweltering temperatures
2023-05-30 11:59
Namibia Considers Taking Stakes in Mining and Petroleum Companies
Namibia is considering taking minority stakes in mining and petroleum production companies amid increasing concerns over local ownership
2023-05-30 10:26
Saudi Investment Enclaves Take Shape With Top Steelmaker’s Entry
Saudi Arabia has unveiled a flurry of new investment projects led by the world’s biggest steelmaker as the
2023-05-30 01:29
Kenya Leaves Key Rate Unchanged at Governor’s Last Meeting
Kenya’s central bank left the benchmark interest rate unchanged at its final meeting presided over by Governor Patrick
2023-05-29 23:49
African economies debt outlook remains "cloudy" - World Bank economist
By Kopano Gumbi and Rachel Savage JOHANNESBURG The outlook for Africa's debt sustainability remains "cloudy" as low growth
2023-05-29 23:26
South Africa's central bank flags risks of capital outflows and sanctions
JOHANNESBURG South Africa's central bank has warned of risks to the country's financial stability, due to capital outflows
2023-05-29 23:18