JOHANNESBURG (Reuters) – South African manufacturing activity expanded in December but business activity deteriorated further in the month due to…
Kenya will not default on its debt payments -President Ruto
NAIROBI (Reuters) – Kenya will not default on its debt and plans to ramp up tax collection in the next…
Kenya private sector activity rises in December -PMI
NAIROBI (Reuters) – Kenya’s private sector activity picked up for a second month in a row in December, helped by…
South African businesses expand at slower pace in December -PMI
JOHANNESBURG (Reuters) – Activity in South Africa’s private sector expanded in December but at a slower pace than in November…
U.S. forces glass, security companies to drop noncompete clauses for workers
WASHINGTON (Reuters) -Under pressure from the Biden administration, two glass container makers and a security company have agreed to drop…
Egypt private sector activity continues to shrink in December -PMI
CAIRO (Reuters) – Activity in Egypt’s non-oil private sector contracted in December for the 25th straight month as inflation, a…
What investors watch out for in emerging markets in 2023
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – It has been a rough 12 months for emerging markets…
German companies plan to invest more in Africa in 2023
By Rene Wagner BERLIN (Reuters) – German companies want to boost their activities in Africa next year, especially in areas…
Tunisia union threatens to ‘occupy the streets,’ rejects 2023 budget
By Tarek Amara TUNIS (Reuters) – Tunisia’s powerful UGTT union will hold mass protests and “occupy the streets” soon to…
Battery swapping spurs Kenya’s electric motorbike drive
By Ayenat Mersie NAIROBI (Reuters) – Over recent months, sets of sturdy, brightly-branded battery swapping stations have cropped up around…