Search results for 'Africa'
Zimbabwe
South Africa Beats the Odds: Inflation Surges Higher Than Expected In February
South Africa's headline consumer inflation has risen slightly higher than expected in February, according to data released by Statistics South Africa. Year on year, inflation grew by 7.0% from 6.9% in
Mar 23, 2023
Zimbabwe
South Africa's Insurance Market in Turmoil: Reinsurance Rates Soar, Power Grid Collapse Looms
South Africa's insurance market, once considered the most developed in Africa, is facing serious challenges due to rising reinsurance rates, which are outstripping the global trend. Claims pay-outs fr
Mar 30, 2023
World
Zambia's Copper Exports to China: Navigating the Impact of China’s Reduced Imports
Zambia is Africa's second-largest copper producer, with the metal accounting for around 70% of its export earnings according to Reuters. China has been one of the primary markets for Zambian copper, a
Apr 14, 2023
World
Erosion of Value in Zimbabwe: Hyperinflation and Exclusion from Old Mutual Limited's Key Performance Metrics - Old Mutual Limited Releases 2022 Integrated Report
The value of the business in Zimbabwe is reduced to zero in Group equity value due to the continued impact of hyperinflation on the Zimbabwean economy. However, the Zimbabwe business remained profitab
Apr 18, 2023
World
EasyEquities Partnership With GCash to Bring US Stock Trading to 70 Million Filipinos
EasyEquities will launch a fantasy investment game on GCash in June 2023 to educate and familiarize customers with US stock trading before offering real trading. This strategy proved successful when E
Apr 20, 2023
World
Commodities Perspective Corner: Ukraine Grain Deal with Poland Provides Lifeline but Concerns Remain for African Importers
Ukraine recently struck a deal with Poland to resume grain exports overland after a temporary ban. While this provides a lifeline for Ukraine to export its grain, the fate of its seaborne exports from
Apr 20, 2023
Technology
African Blockchain Ventures Experience 429% Surge in Funding, Surpassing Global Growth Rate of 4%
Amidst global economic challenges, African venture funding experienced remarkable growth in 2022, increasing by 34% to reach $3.14 billion, while global funding dropped by 35% to $415 billion. Notably
Apr 25, 2023
World
African Markets Update: Malawi Stock Exchange Surpasses Zimbabwe Stock Exchange for the Leading African Exchange Market
The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po
Apr 25, 2023
Markets
Egypt's Armed Forces-Owned Companies Forge Ahead with 10 New Offerings on Stock Exchange Despite Falling Market
The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po
May 02, 2023
Zimbabwe
Powerless Profits: Pick n Pay's Margins Plunge Amid South Africa's Electricity Crisis
The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po
May 04, 2023
World
Strategic Growth and Diversification: Sibanye's Q1 2023 Performance and Key Projects in Zimbabwe and Europe
One of the key projects that Sibanye is advancing is the Keliber lithium refinery project in Europe. The construction of the refinery commenced in March 2023, and the project is set to supply regional
May 10, 2023