By Rachel Savage and Marc Jones JOHANNESBURG/LONDON (Reuters) – Some of Ghana’s international creditors voiced dismay on Friday after 24…
Malawi cuts 2022 growth forecast on power shortages and inflation
By Frank Phiri BLANTYRE (Reuters) -Malawi has lowered its 2022 growth forecast to 1.7% from 4.1% due to problems with…
Airbus says reached settlement with French prosecutor on Libya, Kazakhstan bribery probe
PARIS (Reuters) – Airbus has reached a settlement with the French financial prosecutor (PNF) concerning judicial investigations related to Libya…
Ghana at high risk of debt distress, finance minister says
By Christian Akorlie and Cooper Inveen ACCRA (Reuters) – Ghana will freeze the hiring of public and civil servants and…
Bankers pour cold water on red hot coal
By Sarah McFarlane and Clara Denina LONDON (Reuters) – It’s the best of times, it’s the worst of times. At…
Analysis-In emerging markets, the bulls are back again
By Marc Jones LONDON (Reuters) – After some of the biggest losses in emerging markets on record this year the…
Prosus goes on cost-cutting drive, targets profit in 2 years
By Promit Mukherjee and Toby Sterling AMSTERDAM (Reuters) -Technology investor Prosus NV said on Wednesday it would launch a cost…
Putin promises further efforts to unblock more Russian fertiliser exports
MOSCOW (Reuters) – President Vladimir Putin said on Wednesday Russian officials would work to unblock Russian fertilisers stuck in European…
Emerging market debt ratio climbs back to record highs -IIF
By Rodrigo Campos NEW YORK (Reuters) – Emerging markets’ debt-to-GDP ratio returned to record highs despite a $6.4 trillion decline…
South African retailer Shoprite to close Congo operations
KINSHASA (Reuters) -South African retailer Shoprite has decided to shut its shops in Democratic Republic of Congo, a company statement…