NAIROBI (Reuters) – Kenya’s shilling was broadly unchanged against the U.S. dollar on Tuesday, data from the London Stock Exchange Group showed. At 0923 GMT, the shilling traded at 129.20/129.70 per dollar, compared to 129.25/129.75 at the close of trading on Monday. (Reporting by Hereward Holland; Editing by Alexander Winning)
By Portia Crowe, Divya Rajagopal, David Lewis, Giulia Paravicini DAKAR (Reuters) -Canadian miner Barrick Gold said it will have to suspend mining operations in Mali after the government seized gold stocks from the company’s Loulo-Gounkoto complex and flew them out by helicopter over the weekend. Around three metric tons had been taken from the mining …
Exclusive-Barrick to suspend operations in Mali after gold seized Read More »
By Laura Matthews NEW YORK (Reuters) -The dollar rose on Monday, driving its peers to multi-year lows, after Friday’s blowout U.S. jobs report underscored economic strength and fueled growing doubts about the Federal Reserve cutting interest rates this year. The dollar index, which measures the greenback against a basket of currencies, rose 0.26% to 109.94. …
Dollar stays strong as doubts about Fed rate cuts grow Read More »
By Scott DiSavino NEW YORK (Reuters) – Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S. sanctions on Russian oil would force buyers in India and China to seek other suppliers. Brent futures rose $1.25, or 1.6%, to settle at $81.01 a barrel, while U.S. West Texas Intermediate …
Oil prices climb 2% to 4-month high with sanctions expected to disrupt Russian supplies Read More »
JOHANNESBURG (Reuters) -South Africa’s rand was unchanged after slumping to a nine-month low early on Monday against a buoyant dollar, amid an uncertain outlook for further interest rate cuts by the Federal Reserve. At 1505 GMT, the rand traded at its Friday closing level of 19.10 against the dollar. It hit 19.23 per dollar earlier …
South African rand flat after hitting 9-month low against buoyant dollar Read More »
By Fadimata Kontao and Portia Crowe BAMAKO/DAKAR (Reuters) -Mali’s government has begun enforcing a provisional order to seize gold stock at Barrick Gold’s Loulo-Gounkoto site, the Canadian miner said in a note to Malian staff, warning again that it may have to suspend operations at the complex. The move suggests that Mali’s military-led authorities are …
Mali starts seizing gold stocks at Barrick site, company memo says Read More »
JOHANNESBURG (Reuters) – South African private hospital operator Life Healthcare on Monday announced the sale of its radiopharmaceuticals business LMI to U.S.-listed Lantheus Holdings, sending its Johannesburg-listed shares higher. Life Healthcare said it had entered into binding agreements with an entity owned by Lantheus to sell its entire stake in Life Molecular Imaging (LMI) for …
Life Healthcare to sell radiopharmaceuticals business LMI, shares rise Read More »
NAIROBI (Reuters) – Kenya’s shilling was stable against the U.S. dollar on Monday, data from the London Stock Exchange Group showed. At 0937 GMT, the shilling traded at 129.25/129.75 per dollar, the same as Friday’s closing level. (Reporting by Hereward Holland; Editing by Alexander Winning)
KAMPALA (Reuters) – The Ugandan shilling was little-changed against the dollar on Monday, although the local unit was under a little pressure as the manufacturing sector sought foreign currency, traders said. At 0922 GMT commercial banks quoted the shilling at 3,694/3,704, compared to Friday’s close of 3,692/3,702. (Reporting by Elias Biryabarema; Editing by Hereward Holland)
By Marc Jones and Chris Mfula LONDON (Reuters) -Zambia’s Securities and Exchange Commission (SEC) has sanctioned Standard Chartered for mis-selling a Chinese property company’s bonds to one of the bank’s local wealth clients at the height of the Asian country’s real-estate crisis, according to a source. The source familiar with the matter told Reuters that …
