Banks Zambia central bank hikes rates to 12.5% Nada Ali Feb 14, 2024 0 Zambia's central bank has raised its benchmark lending rate by 150 basis points to 12.5 per cent, for the fifth…
News UK inflation holds steady at 4.0% in Jan. Nada Ali Feb 14, 2024 0 British inflation remained at 4.0 per cent in January, defying expectations of an increase, lower than economists’…
Africa News S. Africa’s rand strong ahead of upcoming retail data Aya Anwar Feb 14, 2024 0 S. Africa's rand strengthened early on Wednesday preceding December retail sales data, after falling more than 1…
Africa News S. African rand steady in early trading Nada Ali Feb 13, 2024 0 The South African rand remained stable in early trading on Tuesday at 18.90 against the U.S. dollar, compared to…
Stocks Chinese stocks hold gains, Japan’s Nikkei up Nada Ali Feb 8, 2024 0 Chinese stocks managed to maintain their weekly gains on Thursday as Beijing implemented a series of measures to…
Featured China’s foreign reserves fall to $3.219 tln in Jan. Nada Ali Feb 7, 2024 0 China's foreign exchange reserves decreased by $18.66 billion to $3.219 trillion in January, slightly less than the…
Featured Jeweller Pandora eyes organic revenue growth of 6-9% in ’24 Nada Ali Feb 7, 2024 0 Pandora, the world's largest jewellery maker, is targeting organic revenue growth of 6-9 per cent in 2024, citing…
Africa News Nigeria devalues currency for 2nd time Aya Anwar Feb 1, 2024 0 Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
Banks Nigeria’s naira falls to record low vs U.S. dollar Aya Anwar Jan 29, 2024 0 Nigeria's naira fell to as low as 1,421 against the dollar on the official market on Friday, according to FMDQ…
Featured China’s public offering fund value reaches $3.88 tln Nada Ali Jan 28, 2024 0 China's public offering funds totalled 27.6 trillion yuan (about $3.88 trillion) by the end of 2023, said the state…