ACCRA (Reuters) – Ghana’s finance ministry said on Monday that the deadline for domestic bondholders to apply for a debt exchange is Dec. 19 at 1600 GMT, and that new domestic bonds will be issued on Dec. 23. (Reporting by Cooper Inveen and Rachel Savage; Writing by Nellie Peyton)
TUNIS (Reuters) – Tunisia’s annual inflation rate jumped to 9.8% in November from 9.2% in October, the state statistics institute said on Monday. The central bank in October raised its key interest rate by 25 basis points to 7.25% to combat inflation, its second hike in five months. (Reporting by Tarek Amara; Editing by Gareth …
Tunisia’s annual inflation rate jumps to 9.8% in november from 9.2% in October Read More »
JOHANNESBURG (Reuters) -South Africa’s rand and government bonds strengthened on Monday, as a meeting of the executive committee of the country’s governing party took place to decide the fate of President Cyril Ramaphosa. South Africa’s governing African National Congress (ANC) party convened its National Executive Committee to discuss a panel report that found evidence Ramaphosa …
South African rand, bonds gain as President Ramaphosa’s future is discussed Read More »
(Corrects number of deliveries from 5,000 per week to 5,000 per month in paragraph 3) By Cooper Inveen and Francis Kokoroko ACCRA (Reuters) -As a pair of motor-cyclists from Ghanaian startup Swoove zipped along Accra’s back streets with deliveries last week, a team of software engineers tracked their progress on screens. Swoove’s founders say because …
Ghana’s Swoove says set to deliver growth after startup contest Read More »
ACCRA (Reuters) – Ghana’s interest payments currently cost between 70% and 100% of government revenues, Finance Minister Ken Ofori-Atta said on Monday. (Reporting by Cooper Inveen; Writing by Sofia Christensen; Editing by Bate Felix)
ABIDJAN (Reuters) – Cocoa arrivals at ports in top grower Ivory Coast since the start of the season on Oct. 1 had reached 838,000 tonnes by Dec. 4, up 6.1% from the same period last season, exporters estimated on Monday. About 59,000 tonnes of beans were delivered to Abidjan port and 64,000 tonnes to San …
Ivory Coast 2022/23 cocoa arrivals seen at 838,000 T by Dec. 4 -exporters Read More »
By Sonia Rolley and Helen Reid JOHANNESBURG(Reuters) – China’s CMOC Group could take legal action against Congo’s state mining company Gecamines, a spokesman for the Chinese mining firm said, after having exports blocked from Tenke Fungurume, the world’s second-biggest cobalt mine, for a fifth month. Tenke Fungurume Mining (TFM) suspended copper and cobalt exports in …
China’s CMOC threatens legal action over Congo cobalt mine export block Read More »
JOHANNESBURG (Reuters) – South Africa’s dollar-denominated sovereign bonds rose up to 2 cents in the dollar on Monday morning, before a meeting of the executive committee of the country’s ruling party to decide the fate of President Cyril Ramaphosa. Longer-dated bonds rose the most, with the 2052 maturity up 1.737 cents to 88.281 cents in …
NAIROBI (Reuters) – Kenya’s private sector activity rose in November after falling a month earlier, helped by improved output in the agriculture and construction sectors, a survey showed on Monday The S&P Global Kenya Purchasing Managers’ Index (PMI) rose to 50.9 in November from 50.2 a month earlier. It stood at 51.7 in September. Readings …
Kenya private sector activity rises in November – PMI Read More »
JOHANNESBURG (Reuters) – South African private sector activity recovered slightly in November, but output fell for the third straight month, weighed down by rotational power cuts and port strikes, a survey showed on Monday. S&P Global’s South Africa purchasing managers’ index (PMI) rose to 50.6 in November from 49.5 in October, above the 50.0 line …
South African business activity recovers in November, but power cuts weigh – PMI Read More »
