News
Angola extends $1 bln debt facility with JPMorgan for three years
2+ hour, 49+ min ago (170+ words) LUANDA, Jan 13 (Reuters)Angola has secured access to an additional $500 million in financing, extending an existing $1 billion debt facility with JPMorgan, its finance ministry said on Tuesday. The new three-year contract carries an interest rate "within 8%, the ministry told Reuters....
South African government sells 3 billion rand of bonds at auction
8+ hour, 33+ min ago (52+ words) South African government sells 3 billion rand of bonds at auction'CNBC Africa South African government sells 3 billion rand of bonds at auction JOHANNESBURG, Jan 13 (Reuters) " South Africa's government sold 3 billion rand ($182.81 million) of its 2033, 2039 and 2048 bonds at auction on Tuesday. ($1 = 16.4104 rand)...
US House approves Africa trade program extension, sends bill to Senate
17+ hour, 49+ min ago (59+ words) US House approves Africa trade program extension, sends bill to Senate'CNBC Africa US House approves Africa trade program extension, sends bill to Senate Jan 12 (Reuters) " The U.S. House of Representatives passed a bill on Monday that would renew Washington's preferential trade…...
Offshore investors sell South African stocks and bonds
1+ day, 10+ hour ago (55+ words) Offshore investors sell South African stocks and bonds'CNBC Africa Offshore investors sell South African stocks and bonds JOHANNESBURG, Jan 12 (Reuters) " Offshore investors sold a net 2.05 billion rand ($125.03 million) of South African stocks last week, Johannesburg Stock Exchange data showed on…...
South African rand gains as gold scales new peak
1+ day, 16+ hour ago (153+ words) JOHANNESBURG, Jan 12 (Reuters)The South African rand gained in early trade on Monday, helped by gold prices reaching another record high. At 0736 GMT the rand traded at 16.4225 against the dollar, roughly up 0.4% from its previous closing level. Soaring prices of…...
South Africa sells 980 million rand of inflation-linked bonds at auction
4+ day, 1+ hour ago (54+ words) South Africa sells 980 million rand of inflation-linked bonds at auction'CNBC Africa South Africa sells 980 million rand of inflation-linked bonds at auction JOHANNESBURG, Jan 9 (Reuters) " South Africa's government sold 980 million rand of its 2031, 2038 and 2050 inflation-linked bonds at auction, central bank data…...
South African rand steady as investors eye key US data
4+ day, 9+ hour ago (246+ words) JOHANNESBURG, Jan 9 (Reuters)The South African rand was steady in early trade on Friday, as traders look ahead to U.S. labour market data later in the day for indications on the Federal Reserve's policy trajectory. At 0719 GMT, the rand traded at…...
Goldman Sachs expects South Africa’s rand to extend gains as conditions improve
5+ day, 2+ hour ago (286+ words) JOHANNESBURG, Jan 8 (Reuters)The rand may clock another year of gains supported by easing interest rates, with firmer public finances also boosting South Africa's domestic economy, Goldman Sachs said in a research note. The currency ended 2025nearly 13% strongeragainst the U.S. dollar, marking…...
Africa Collective Davos 2026: The Global Home for Africa’s Economic Conversation in Davos
5+ day, 3+ hour ago (219+ words) Throughout the week, Africa Collective Davos will convene business and political leaders, investors, policymakers around focused dialogue and practical engagement, reinforcing its role as the key destination in Davos for those shaping and following Africa's economic trajectory. A Week-Long Agenda…...
South Africa will not interfere with US refugee program for white minority, email says
5+ day, 9+ hour ago (896+ words) WASHINGTON (Reuters)U.S. and South African officials reached an agreement during a closed-door meeting in late December to allow the U.S. to continue its controversial effort to bring white South Africans to the U.S. as refugees, an internal meeting summary reviewed by Reuters…...