By Greg Ritchie, Bloomberg Yields on the US Treasury’s longest-dated bond rose to the highest level in almost two …
By Yihui Xie, Bloomberg Gold extended a decline after the US launched strikes against Iran in retaliation for the downing of a military helicopter, jeopardising efforts to end the war that’s roiled global markets and …
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International News
South Africa’s Pick n Pay raises $282 million from Boxer stake sale to fuel turnaround
by Staff Writerby Staff WriterSouth African retail giant Pick n Pay has raised about 4.7 billion rand ($282 million) after selling part …
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International News
Botswana, Angola join World Federation of Diamond Bourses
by Staff Writerby Staff WriterTHE governments of Botswana and Angola have become affiliated members of the World Federation of Diamond Bourses (WFDB) …
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International News
Gulf shipping standoff hits Africa’s most vulnerable farmers
by Staff Writerby Staff WriterBy Antony Sguazzin, Emele Onu and Katarina Hoije, Bloomberg Landlocked and surrounded by richer, more powerful neighbours, Malawi has …
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International News
Winners and losers from Trump and Xi’s two-day Beijing summit
by Staff Writerby Staff WriterBy Jeff Mason and Skylar Woodhouse, Bloomberg Donald Trump got the pageantry he craved during his trip to China. …
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By Mbongeni Mguni, Bloomberg Botswana became the first African central bank to raise interest rates after the Iran war …
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International News
Zambia cuts rates as inflation eases, bucks global pause
by Staff Writerby Staff WriterBy Taonga Mitimingi, Bloomberg Zambia’s central bank extended its easing cycle as inflation is projected to cool further, even …
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International News
South Africa jobless rate rises before Iran war fallout hits
by Staff Writerby Staff WriterBy Bonolo Mokonoto and Ntando Thukwanam, Bloomberg South Africa’s unemployment rate rose more than expected in the first quarter …
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International News
Trump to meet Xi Thursday for high-stakes US-China summit
by Staff Writerby Staff WriterUS President Donald Trump and Chinese counterpart Xi Jinping will meet Thursday morning in Beijing, according to the …
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International News
Africa’s CEOs warn online gambling is draining customer wallets
by Staff Writerby Staff WriterAfrica’s growing gambling use is sapping income that would ordinarily be flowing into groceries, entertainment and mobile phone …
