Tag: Inflation

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Gold off 8-month highs as markets brace for inflation data

Gold prices eased from an eight-month peak on Wednesday as investors positioned themselves ahead of U.S. inflation data that could throw some light on...

Oil prices broadly steady amid rising U.S. stockpiles

Oil prices were broadly steady on Wednesday as market participants were pulled in different directions by an unexpected build in U.S. crude and fuel...

Gloom and boom: Fund managers’ top picks for 2023

King Dollar's reign (definitely) coming to an end, bonds bouncing and emerging markets rising again are just some of the trades international money managers...

Central banks ramp up rates again but the pace slows

Central banks in Britain, Norway, Switzerland, the euro zone and the United States have all raised interest rates this week. Many have slowed the pace...

Ghana inflation hits 21-year high above 50% in November

Ghana's annual consumer inflation accelerated to a new 21-year high of 50.3% in November, up from 40.4% the previous month, driven by utilities, food...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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