Category: World Business
The World Bank says South Africa’s economic growth will accelerate to 1.3 per cent in 2019 from an estimated 0.9 per cent in 2018. The World Bank, in its latest report on Tuesday cited the ...
Speakers at APPO Cape VII Congress and Exhibition include ministers of all African oil producers and global oil and gas explorers, producers and service companies; The conference highlights regional cooperation in African energy with the ...
After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the continent’s position as the world’s hottest oil and gas frontier in 2019. However, the new ...
Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge. U.S. West Texas Intermediate (WTI) crude futures CLc1 were ...
China’s central bank injected a record $83 billion into the country’s financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy. China’s policymakers are pledging ...
Sterling fell from a two-month high versus the dollar on Tuesday and volatility levels spiked as markets braced for parliament to give the thumbs-down to British Prime Minister Theresa May’s Brexit deal later in the ...
U.S. President Donald Trump threatened Turkey with economic devastation if it attacks a U.S.-allied Kurdish militia in Syria. “Will attack again from existing nearby base if it reforms. Will devastate Turkey economically if they ...
Brazil government wants to save $270bn with pension reform- media Sao Paulo, Jan. 14, 2019 (Reuters/NAN) Far-right Brazilian President Jair Bolsonaro’s new government wants to save one trillion reais (269.48 billion dollars) over 10 years ...
Egypt’s annual urban consumer price inflation fell sharply to 12.0 per cent in December from 15.7 pct in November, the official statistics agency CAPMAS said on Thursday, amid mixed expectations among analysts. Inflation had started ...
The Zambian government says it is finalising the process of finding an equity strategy partner for its sole oil refinery. Minister of Energy, Mathew Nkhuwa, said that negotiations to find a strategic partner for Indeni ...
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