(Reuters) – Zambia’s finance minister criticised the prolonged nature of the country’s debt restructuring talks, the Financial Times reported on…
Kenya’s president picks banker for deputy cenbank governor – senate document
NAIROBI (Reuters) – Kenya’s President William Ruto has nominated Susan Koech, a career banker who has also served in top…
Boeing 737 MAX plea deal withstands challenge from crash victims’ families
By David Shepardson (Reuters) -A U.S. judge in Texas on Thursday denied a legal bid by families of the victims…
Ackman’s Pershing Square reaps $2.7 billion from rate trade but down 9% in 2022 -letter
By Nell Mackenzie LONDON (Reuters) – Billionaire investor William Ackman’s Pershing Square fund reaped $2.7 billion on interest rate trades…
Egypt’s headline inflation surges to 25.8% in January
CAIRO (Reuters) – Egypt’s annual urban consumer price inflation jumped to a higher-than-expected 25.8% in January, its fastest in more…
Analysis-StanChart’s sluggish stock makes for FAB attraction
By Lawrence White and Sinead Cruise LONDON (Reuters) – Reports of renewed interest from First Abu Dhabi Bank (FAB) in…
South Africa’s consumer goods firms warn of much higher prices as power cuts bite
By Nqobile Dludla JOHANNESBURG (Reuters) – South African manufacturers and retailers of food and other essential products warned on Wednesday…
Factbox-Nigeria’s plan to ditch old banknotes
By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria’s Supreme Court on Wednesday restrained the government, through the central bank, from ending…
Nigerian court suspends Friday deadline to swap banknotes
By Camillus Eboh and Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s Supreme Court on Wednesday prevented the government from enforcing a…
Pick n Pay sales grow but warns on extra costs from power cuts
JOHANNESBURG (Reuters) – Supermarket group Pick n Pay said on Wednesday its four-month sales grew by 6.4%, but its like-for-like…