Markets
Standard Bank Stresses Importance of Strategic Partnerships at AGOA Forum
At the recent AGOA Private Sector Forum, Anne Aliker, Head of Client Coverage, Corporate and Investment...
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Skilled South Africans Sought After in Global Job Market
As the global north faces growing shortages in critical skill sectors, countries such as Canada, Germany,...
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Zambia’s Central Bank Deliberates on Potential U.S. Dollar Ban in Local Transactions
The Bank of Zambia (BoZ) has announced it will adopt a cautious approach regarding the potential...
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South African Reserve Bank Holds Repo Rate Steady Amid Economic Challenges
The South African Reserve Bank (SARB) opted to maintain its main repo rate at 8.25%, marking...
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African Bank Stress Test Uncovers Systemic Risks from Biodiversity Loss
A recent stress test involving five African banking systems has unveiled that certain lenders in the...
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Senegal President to Renegotiate Oil Contracts
Senegalese President Bassirou Diomaye Faye announced on Saturday that his administration plans to renegotiate the country's...
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Nigeria’s Energy Sector Developments in the Second Quarter of 2024
The second quarter of 2024 witnessed both resilience and ongoing challenges for Nigeria's energy sector. Despite...
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Kenya’s Foreign Exchange Reserves Reach Record High Following Eurobond Settlement
Kenya's foreign exchange reserves reached a new pinnacle of 7.896 billion U.S. dollars on Friday, following...
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South African Rand Strengthens Amidst Expectations of Fed Rate Cut
The South African rand showed resilience in early trading on Friday, bolstered by weaker-than-expected U.S. inflation...
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Pick n Pay Launches Rights Offer to Raise 4 Billion Rand
South Africa’s third-largest grocery chain, Pick n Pay, has announced a rights offer to issue 252.2...
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