CAIRO (Reuters) – Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), bought 300,000 tonnes of wheat in an international tender for shipment Feb. 15 to Mar. 3, it said on Wednesday. The purchase comprised 60,000 tonnes of French wheat, 180,000 tonnes of Ukrainian wheat and 60,000 tonnes of Romanian wheat, GASC said. …
Egypt’s GASC buys 300,000 tonnes of wheat in tender Read More »
JOHANNESBURG (Reuters) -South Africa’s rand inched lower against the dollar on Wednesday, as the currency struggled to make gains in holiday-thinned trade in the last week of 2021 despite increased appetite for riskier assets globally. By 1505 GMT, the rand was 15.8950 against the dollar, 0.82% weaker than its previous close. “A break above the …
South Africa’s rand inches down in thin holiday trading Read More »
CAIRO (Reuters) – The price of subsidised sugar in Egypt will increase to 10.5 Egyptian pounds ($0.6671) per kilogram from Jan. 1, up from 8.50 pounds currently, Supply Minister Ali Moselhy said on Wednesday. The supply ministry last week said that Egypt has sufficient sugar reserves to cover 3.5 months of consumption. ($1 = 15.7400 …
Egypt to increase price of subsidised sugar, says minister Read More »
KHARTOUM (Reuters) – Rescuers were working to retrieve the dead and injured from a gold mine in a remote area of Sudan on Wednesday, three days after it collapsed killing at least 32 people, a mining official said. As of Wednesday morning, 32 bodies had been recovered from the mine in West Kordofan in addition …
Rescuers work to retrieve bodies at collapsed Sudanese gold mine Read More »
By Nuzulack Dausen DAR ES SALAAM (Reuters) – Tanzania on Tuesday signed a contract with Turkish firm Yapi Merkezi to build a 368 km section of standard gauge railway that is expected to cost $1.9 billion and will be funded by loans. It is part of a 1,219 km line which Tanzania is building to …
Tanzania signs $1.9 billion railway contract with Turkish firm Read More »
JOHANNESBURG (Reuters) – South Africa’s trade surplus widened to 35.83 billion rand ($2.28 billion) in November from a revised surplus of 27.68 billion rand in October, data from the revenue service showed on Tuesday. Exports rose 4.5% on a month-on-month basis to 162.79 billion rand, while imports fell 0.9% to 126.96 billion rand, the South …
South Africa’s trade surplus widens to $2.28 billion in November Read More »
NAIROBI (Reuters) – Kenya’s shilling was steady on Tuesday, in slow trade with slight dollar inflows from non-governmental organisations and remittances, traders said. At 0745 GMT, commercial banks quoted the shilling at 113.00/20 to the dollar, the same as Friday’s close. Markets were closed on Monday for a holiday. ………………………Shilling spot rates …………………Shilling forward rates …
(Refiles Monday story with named item code. No changes to text) ABIDJAN (Reuters) – Cocoa arrivals at ports in top grower Ivory Coast since the start of the season in October are estimated to have reached 1 million tonnes by Dec. 26, exporters said on Monday, down 5.9% from the same period last season. About …
Ivory Coast 2021/22 cocoa arrivals seen at 1 million T by Dec. 26 Read More »
CAIRO (Reuters) – Tunisia’s outstanding public debt reached nearly 102.2 billion dinars, or 81.5% of GDP, at the end of October 2021, increasing 12% compared with the same period in 2020, the Finance Ministry said in a statement on Friday. Outstanding external debt was around 62 billion dinars, or 49% of GDP, while outstanding domestic …
Tunisia’s outstanding public debt climbs to 102 billion dinars – finance ministry Read More »
JOHANNESBURG -The rand was stronger in thin holiday trade on Friday, building on gains made a day earlier when South African markets rode a global rally on easing concerns around the Omicron variant of the coronavirus. At 1508 GMT, the rand traded at 15.5400 against the dollar, 0.77% stronger than its previous close. “Growing optimism …
