DUBAI (Reuters) – Sudan’s gold exports exceeded $1.7 billion for the first time in 2021, Sky News Arabia reported on Tuesday citing the country’s mineral resources minister. Gold exports accounted for 40% of all exports last year, the minister said, adding the country expects a record jump in gold production this year with new investors …
Sudan’s 2021 gold exports exceeded $1.7 billion – Sky News Arabia Read More »
RABAT, (Reuters) – Morocco’s consumer price index rose by 3.1% year-on-year in January, the high commission for planning said on Tuesday. Food prices were up 4.3%, while non-food inflation increased by 2.3%. On a month-on-month basis the index was almost flat, rising by 0.1%. Core CPI, which excludes prices of volatile goods, rose 0.3% on …
Morocco’s annual CPI rises 3.1% in January -planning agency Read More »
NAIROBI (Reuters) – Kenya’s earnings from exports of cut flowers, fruits and vegetables rose 5% in 2021 from the previous year, data from the statistics office showed. Horticulture is a major source of foreign exchange for Kenya alongside tea, tourism and remittances. The Kenya National Bureau of Statistics said in its latest economic indicators released …
Kenya horticulture export earnings up 5% yr/yr in 2021 – stats office Read More »
JOHANNESBURG (Reuters) -The South African rand was relatively steady on Monday despite global markets being shaken by increased worries that Russia will invade Ukraine. At 1508 GMT, the rand traded at 15.1200 against the dollar, within touching distance of its 15.1225 closing level on Friday. The rand has been resilient in the past few weeks …
South African rand steady despite concern Russia may invade Ukraine Read More »
LONDON (Reuters) – Shell has made good progress with the Tanzanian government in recent months to advance a liquefied natural gas (LNG) project to tap the East African country’s huge gas resources, a Shell executive said on Monday. “We have seen some real quick progress over the last year compared to what had been a …
Shell says Tanzania LNG project is making good progress Read More »
(Reuters) – Morocco’s Royal Air Maroc plans to launch a new Casablanca-Tel Aviv route on March 13, Moroccan state news agency MAP reported on Monday. The announcement came as Israeli Economy Minister Orna Barbivai paid an official visit to Morocco as the two countries look to broaden cooperation since they normalised ties in 2020. (Reporting …
Royal Air Maroc to launch new Casablanca-Tel Aviv route – news agency Read More »
By Promit Mukherjee JOHANNESBURG (Reuters) -South Africa’s Sasol Ltd will be able to mitigate the impact of a production shortfall on profit and cash generation for the full year through high crude oil and chemical prices, its CEO said on Monday. The world’s biggest producer of fuel products and chemicals from coal reported earlier that …
S.Africa’s Sasol to offset output shortfall through prices – CEO Read More »
JOHANNESBURG (Reuters) – South Africa’s telecoms regulator ICASA said on Monday all six applications it had received from telecom firms have qualified to participate in a radio frequency spectrum auction, a process slowed by years of legislative delay. ICASA said the qualifying bidders are MTN, Vodacom, Telkom, Cell C, Rain Networks and Liquid Telecoms. “We …
South Africa names six qualified bidders for spectrum auction Read More »
NAIROBI (Reuters) – The Kenyan central bank’s Monetary Policy Committee will hold its next rate-setting meeting on March 29, the bank said on Monday. At its last meeting in January, the committee held the benchmark lending rate at 7.0% and said that there were elevated global risks with the potential to impact the domestic economy. …
Kenya’s central bank to hold next rate-setting meeting on March 29 Read More »
LONDON (Reuters) – Spot activity was muted on Friday but Angola’s April loading programme emerged with 35 cargoes, unchanged from the previous month. * Traders will be awaiting April contract allocations early next week before a fresh cycle of spot trade begins. * Offers for Nigerian Qua Iboe were last heard at around dated Brent …
