Fuel prices set to rise in South Africa after India’s export move
South Africa could be heading for another spike in fuel prices after India introduced fresh export duties on refined petroleum
Economy
Bilateral relations between China and Seychelles enter a new phase
Bilateral relations between China and Seychelles are entering a new phase, with rising trade and growing private-sector collaboration, alongside new
Zimbabwe’s gold exports disrupted by rising global tensions and high shipping costs.
Earlier in March, it emerged that Ghana was considering new export pathways for its gold shipments due to ongoing tensions
Treasury rates climb as Trump pushes back deadline on Iran negotiations.
Yields on U.S. Treasury securities rose slightly on Friday morning as investors kept a close eye on developments in the
India is absorbing a major loss in tax revenue to prevent fuel prices from rising sharply amid the Iran conflict.
India’s tax revenues have suffered a “significant hit” following the government’s decision to reduce central excise duties on domestic fuel,
Nigeria removes FX limits, granting oil companies full access to export earnings.
Nigeria’s central bank has eliminated a regulation that forced international oil companies to retain a portion of their export earnings
Senegal uses swap arrangements to secure cheaper cash as debt fears return.
Senegal has justified its reliance on sophisticated financial arrangements to access cheaper funding, following scrutiny over transactions that enabled it
Middle East conflict boosts demand for Nigeria’s LNG exports.
Nigeria is seeing increased interest in its liquefied natural gas (LNG) shipments as supply disruptions linked to the Middle East
Glencore faces shutdown risk, plans 1,000+ layoffs as South Africa power woes deepen.
Glencore’s ferrochrome business in South Africa is under pressure, with the firm warning it could pull out of ongoing discussions
Finance Minister hosts first investor town hall since 2021, indicating a strong economic rebound.
Ghana’s Ministry of Finance has organised its first investor town hall meeting since 2021, bringing together investors, bankers, and bond