Sunday, 23 September 2018

Category: Markets

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  • South African recession is temporary – Ramaphosa

    South African recession is temporary – Ramaphosa

    South Africa’s slide into recession is a “transitional issue” from which the economy will soon recover, President Cyril Ramaphosa said in comments published on Thursday, repeating ...

  • Sea Harvest anticipates lower earnings

    Sea Harvest anticipates lower earnings

    JSE-listed and vertically integrated fishing company Sea Harvest expects its interim basic earnings a share to decline by at least 31 percent as it absorbs the costs related to acq ...

  • Rand drops to its weakest level in 2018

    Rand drops to its weakest level in 2018

    The rand suffered big losses last week and on Friday slid to its worst level this year against the dollar. On Friday afternoon the rand traded on R14.08 to the dollar. This was 80c ...

  • Oil prices up

    Oil prices up

    Oil rose yesterday, recouping some of the previous day’s steep price slide, after the first round of US sanctions against Iran came into effect, although confidence in crude demand ...

Kenya consumer rights group reacts to budget

Kenya consumer rights group reacts to budget

The  Consumer Federation of Kenya expressed reservations about this year’s budget, which it said was silent on key consumer issues. A statement from the federation said that ...

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Ghana union forces foreigners out of markets

Ghana union forces foreigners out of markets

The Ghana Union of Traders Association (GUTA) has warned all foreigners engaged in retail trade to stop operating in the country by the end of this month. President of GUTA, Georg ...

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Ghana inflation worsens, currency loses

Ghana inflation worsens, currency loses

Fitch Ratings, the leading provider of credit ratings, commentary and research firm, warned Bank of Ghana risked worsening the country’s inflation rate if it continued printing mo ...

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Kenya to benefit from Nordic countries partnership

Kenya to benefit from Nordic countries partnership

KENYA and East African counterparts are set to enjoy improved business partnerships with Nordic countries following the conclusion of the investment and trade forum in Gävle, Swed ...

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Ghana, Ivory Coast trade tensions loom

Ghana, Ivory Coast trade tensions loom

"THE Bureau for Internal Affairs (BIA), an anti-corruption organisation and a centre for information gathering on public concerns, has called on President John Mahama as Chairman ...

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Ghana EPA receives Canadian boost

Ghana EPA receives Canadian boost

"THE Canadian International Development Agency (CIDA) has installed new and up-to-date communication equipment to enhance the operations of the Environmental Protection Agency (EP ...

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Joburg issues the first historic JSE bond

Joburg issues the first historic JSE bond

" THE City of Johannesburg announced the successful auction of the first green bond, COJGO1, which matures in 2024. The bond of R1.46 billion is priced at 1.85 percent above the R ...

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CBK projects growth for banking sector

CBK projects growth for banking sector

" THE Central Bank of Kenya (CBK) said that the local banking sector was robust and stable as it registered enhanced performance in the past year.According to the just released Ba ...

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Shoprite further expands to Ibadan

Shoprite further expands to Ibadan

SHOPRITE, the South African-headquartered group, said it would commission a new outlet in Ibadan, Oyo State as part of its ongoing expansion plans.The company said that store, whi ...

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Ghana board urged to promote domestic investment

Ghana board urged to promote domestic investment

GHANA’S Minister of Trade and Industry, Haruna Iddrissu, has discouraged the Ghana Investment Promotion Centre (GIPC) against reducing investment promotion to Foreign Direct Inves ...

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