Tag: Rand

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South African mining sector lifts local stocks, rand firms

South African mining stocks rose on Tuesday on the back of a weaker dollar and bigger risk appetite from investors, while local currency rand...

South African rand steady ahead of retail sales data

The South African rand was stable in early trade on Wednesday, ahead of the release of retail sales figures later in the day that...

South African rand weakens after cabinet reshuffle; GDP in focus

South Africa's rand weakened early on Tuesday after President Cyril Ramaphosa appointed a new electricity minister to try to solve the country's worst power cuts on...

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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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