By Ana Mano SAO PAULO (Reuters) – Plant genetics company GDM has applied for registration in South Africa of 13 soy plant varieties after the country approved the use of a new GMO seed technology, according to company executives on Monday. GDM is based in Argentina but derives most of its sales in neighboring Brazil, …
Argentina’s GDM prepares launch of new GMO soy seeds in South Africa Read More »
ACCRA (Reuters) – Ghana’s finance ministry said on Monday it was taking steps to ensure payments of coupons and principals of old bonds resume on March 13 following the conclusion of a domestic debt exchange programme. It also said in a statement that the newly issued bonds had been settled and listed, and would become …
Ghana to ensure payments of coupons, principals of old bonds resume on March 13 Read More »
JOHANNESBURG (Reuters) -The South African rand regained some ground on Monday against a weaker U.S. dollar, after a stretch of losses that saw it end last week at its lowest level so far this year. At 1506 GMT, the rand traded at 18.3925 against the dollar, about 0.2% stronger than its previous close. On Friday, …
South African rand regains some ground as dollar slips Read More »
JOHANNESBURG (Reuters) – Nokia said on Monday it has been selected by MTN South Africa for the first time ever as one of its 5G radio access network equipment providers, as the mobile carrier expands next-generation wireless services across the country. “Under the deal, Nokia will modernise the existing 2G, 3G, 4G radio network and …
Nokia signs deal with MTN to expand 5G in South Africa Read More »
JOHANNESBURG (Reuters) – The International Finance Corporation (IFC), the World Bank’s investment arm, said on Monday it would invest €242 million ($256 million) in Senegal’s largest integrated cement manufacturer, Sococim Industries, to boost low-carbon production. Sococim, a subsidiary of French cement maker Vicat, will receive a €120 million loan from IFC’s own account and €122 …
World Bank’s IFC to invest $256 million in Senegal’s top cement manufacturer Read More »
By Duncan Miriri NAIROBI (Reuters) -Kenya is asking up to a year to pay for imported oil rather than as soon as it is delivered to relieve pressure on the foreign exchange rate, Energy Minister Davis Chirchir said on Monday. The East African nation’s useable foreign exchange reserves shrank to less than enough to cover …
Kenya seeks to defer fuel payments to ease FX pressure Read More »
(Reuters) -A raft of U.S. data and European inflation numbers will give guidance on how the world’s top central banks will navigate the way ahead – including whether we’re heading for that hotly debated “no landing” scenario. China’s post Lunar New Year business activity data will give a reading of the health of the world’s …
RABAT (Reuters) – The Financial Action Task Force’s decision on Friday to remove Morocco from its “grey list” of countries under special scrutiny will help Rabat’s position in talks with international financial institutions, the Moroccan government said. The task force is an inter-governmental financial crime watchdog that underpins the fight against money laundering and terrorism …
Morocco says removal from financial watchlist will help ratings Read More »
JOHANNESBURG (Reuters) – South Africa’s plan to partially privatize its national airline South African Airways is in trouble because the country’s competition regulator may not approve the deal, news website Semafor reported on Thursday. The South African government in 2021 signed a deal with the Takatso Consortium to sell a majority stake in the state-owned …
South Africa’s airline privatization plan at risk, Semafor reports Read More »
JOHANNESBURG (Reuters) – South Africa’s rand weakened against a stronger U.S. dollar on Friday, as an international financial crime watchdog added South Africa to its list of countries needing special scrutiny. At 1526 GMT, the rand traded at 18.4225 against the dollar, about 1% weaker than its previous close. The dollar index, which measures the …
South African rand slips as financial watchdog flags risks Read More »
