Tag: South Africa

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Offshore investors net sellers of South African stocks

Offshore investors sold a net 8.85 billion rand ($516.87 million) of South African stocks last week, data from the Johannesburg Stock Exchange showed on Monday. Settlement data...

JPMorgan: Investors should buy Eskom bonds before South Africa budget

JPMorgan has encouraged investors to buy the bonds of South Africa's Eskom ahead of the country's Feb. 22 budget, which is expected to set...

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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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