Hollywood blockbuster keeps Wall Street hooked, oil jumps on Venezuela blockade
Item 1 of 2 Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American…
Equities fall with US Treasury yields after data, oil sinks
MSCI’s global index falls 0.5%, S&P 500 ends down slightly after US jobs data US adds jobs in…
Oil prices stable as Venezuelan supply disruptions balance surplus concerns
Brent, WTI prices steady after 4% losses last week Venezuelan oil exports down sharply since US seizure of…
South Africa eases ownership rules, opening door for Starlink and other foreign operators
JOHANNESBURG, Dec 12 (Reuters) – South Africa will amend rules on local Black ownership requirements after a directive…
Japan’s Nikkei skids in subdued Asia as bets of rate hike grow
Nikkei falls 1.5%, shares elsewhere subdued Japan spending data weak BOJ widely expected to hike rates this month…
Nigeria’s Dangote Refinery says it can deliver 1.5 billion litres of petrol in December
LAGOS, Dec 1 (Reuters) – Nigeria’s Dangote Refinery said on Monday it is able to deliver 1.5 billion…
Africa nears record $1 trillion in state-owned assets under management
LONDON, Dec 1 (Reuters) – African state-owned institutions are now managing a record $1 trillion in assets, according…
South Africa’s Eskom sees annual profit matching last year’s after strong first half
JOHANNESBURG, Nov 28 (Reuters) – South African state power utility Eskom said on Friday that it expected this…
Nigeria’s central bank holds key rate, wants inflation to fall further
Monetary Policy Rate stays at 27% Economists had predicted another rate cut Analysts say lower deposit rate signals…
Nigeria’s NNPC posts 64% rise in annual net profit to $3.6 billion
LAGOS, Nov 24 (Reuters) – Nigeria’s state oil company NNPC Ltd said on Monday it recorded a net…
World Bank lifts Kenya’s growth forecast on construction sector optimism
NAIROBI, Nov 24 (Reuters) – The World Bank lifted Kenya’s economic growth forecast for this year to almost…
Zambian government welcomes ratings upgrade that sees country exit default status
LUSAKA, Nov 23 (Reuters) – Zambia’s finance minister on Sunday welcomed a milestone upgrade from S&P Global ratings…