RABAT (Reuters) – Morocco’s consumer price index rose by 8.1% year-on-year in October, driven mainly by a surge in foodstuff…
IMF approves $88.3 million for Malawi under ‘food shock’ loan window
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said its executive board on Monday approved an $88.3 million…
Platinum deficit expected in 2023 after bumper surpluses, WPIC says
LONDON (Reuters) – The World Platinum Investment Council (WPIC) said on Tuesday it expected a deficit of the metal used…
Nigerian subsidies constrain development, says World Bank
LAGOS (Reuters) – Nigeria’s subsidies on petrol, electricity and foreign exchange are mostly benefiting wealthy households, the World Bank said…
Energy windfall improved Algeria’s economic position, says IMF
TUNIS (Reuters) – Higher energy prices have “materially improved” the Algerian economy’s near-term outlook, the International Monetary Fund (IMF) said…
IMF to disburse $200 million to Democratic Rep. of Congo under credit line
DAKAR (Reuters) – The International Monetary Fund (IMF) said on Monday it would disburse $200 million to Democratic Republic of…
Global equity bear market not over yet – Goldman Sachs
(Reuters) – Goldman Sachs on Monday warned that the global equity bear market is not over as the markets are…
Warren Buffett’s Berkshire warns about crypto website using its name
(Reuters) – Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a…
S&P affirms positive outlook on South Africa
(Reuters) – S&P Global Ratings on Friday maintained its positive outlook on South Africa, as the agency expects that a…
S.Africa’s Reserve Bank to hike repo rate 75 bps on Nov. 24: Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) – South Africa’s Reserve Bank will hike its repo rate another 75 basis points to…