Sunday, August 25, 2019
The African Development Bank is leading talks with Zimbabwe and its creditors to make plans for the nation to pay off some of its arrears so it can restore relations with lenders, said Akinwumi Adesina, the bank’s president. During almost...
President Mokgweetsi Masisi wants to increase foreign investment and create more jobs for almost one in five people. Botswana’s new leader wants to shrink the civil service, sell state companies and cut red tape as he targets increased foreign investment. President...
Botswana continues to rank amongst Africa's most preferred investment destinations, with a new authoritative survey placing the country fourth out of 54 states on the continent in terms of investment attractiveness. However, the ranking is a drop from the position...
Fitch Ratings has announced its decision to maintain Eskom Long-Term Local Currency Issuer Default Rating (IDR) and unguaranteed local currency senior unsecured ratings of ‘BB-‘. According to the South African parastatal, the ratings agency has simultaneously maintained the National Long-Term...
The lender sees risks to its 2.4 percent estimate for 2018 “as being tilted to the upside,” Goldman economist Andrew Matheny said in an emailed note. Goldman increased its prediction from 1.5 percent after Cyril Ramaphosa was elected as...
Demand for Ghana’s $2 billion of Eurobonds exceeded supply four times as the West African country convinced investors about its economic turnaround story, the Ministry of Finance said. Ghana got more than $8 billion of bids after marketing the debt...
South Africa has expressed disappointment at not being granted exemption from the US Section 232 steel and aluminium tariff duties. Monday, 30 April, US President Donald Trump signed proclamations granting permanent country-exemptions to a select number of countries and extended...
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