By Chris Mfula LUSAKA (Reuters) – The International Monetary Fund (IMF) does not anticipate any relief for Zambia after the […]
Worst not over for EM currencies as U.S. dollar thunders on: Reuters poll
By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – Emerging market currencies will find it difficult to reclaim ground lost […]
South Africa’s Shoprite promises to hold down prices, shares slide
By Nqobile Dludla JOHANNESBURG (Reuters) -Shares in Shoprite Holdings slid 7% on Tuesday after South Africa’s No. 1 grocer reported […]
South Africa’s economy dips back to pre-pandemic size in Q2
By Promit Mukherjee PRETORIA (Reuters) -South Africa’s economy contracted back to pre-pandemic size in the second quarter, weakened by floods […]
MTN cuts debt with early settlement of $300 million in euro bonds
JOHANNESBURG (Reuters) – South African mobile operator MTN Group has reduced its debt further through early settlement of $300 million […]
Kenya private sector activity drops for fifth straight month in August -PMI
NAIROBI (Reuters) – Kenyan private sector activity contracted for the fifth consecutive month in August amid a broader slowdown as […]
Factbox-Government measures to ease inflation pain
(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine have combined to […]
UK clears NortonLifeLock’s acquisition of rival Avast
LONDON (Reuters) – Britain’s competition regulator finally cleared NortonLifeLock’s acquisition of British rival Avast on Friday, saying the security software […]