Markets
Suez Canal Transit Revenues Plummet Amid Regional Turbulence
The Central Bank of Egypt (CBE) has reported a stark 57.2 percent drop in Suez Canal...
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South African Rand Strengthens Amid Improved Risk Sentiment
The South African rand strengthened on Monday, buoyed by improved risk sentiment as investors bet on...
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Nigeria Suspends Taxes on Food Imports to Tackle Inflation
Nigeria has announced a suspension of taxes on certain food imports, including wheat and maize, for...
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Mixed Economic Forecast for Southern Africa: Investments Up, Exports Down
In its latest report, BMI offers a nuanced perspective on the Southern African economy, revealing both...
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Tanzania Central Bank Holds Interest Rate at 6%
The Bank of Tanzania has announced its decision to maintain its key interest rate at 6%,...
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Rand Strengthens as South Africa Awaits New Cabinet Announcement
The South African rand continued to firm on Friday, reaching its strongest level in nearly a...
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Nigeria Poised to Retain Top Spot as Africa’s Leading Economy
Nigeria, a prominent country in West Africa, stands out as the most powerful economy on the...
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Kenya plans second Eurobond buyback in 2024, World Bank says
Kenya plans to carry out another Eurobond buyback this year, which would bring the total amount...
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Bravura Holdings Commits to Zimbabwe Lithium Project Amid Market Downturn
Bravura Holdings Ltd., owned by prominent Nigerian tycoon Benedict Peters, is set to commence production at...
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Ethiopia’s Coffee Exports Surpass $1 Billion Mark
In a significant achievement for its agricultural sector, Ethiopia has reported earnings of over $1 billion...
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