Botswana has set sights on the exploitation of both untapped copper and coal deposits to improve its income from the mining sector which has in the past be steered by diamond production. Read more.
Tags : commodities
The price of food in Seychelles has risen 19 %, while non-food commodities are up 10.5% in the mid-year review figures recently released by National Bureau of Statistics compared the same period a year ago. Read more.
Angola experienced unfavourable weather conditions in 2020/21 rainfall season, due to what is said to be the worst drought in 30 years, despite the beneficial rainfall that poured at the beginning of the season in October and November 2020 last year. Read more.
Friday’s trading capped off a roller-coaster week for the rand, after having dropped below the R14.0/$ threshold earlier in the week before teetering on R14.2/$, following the US inflation print. Read more.
The World Bank has revised up 0,2% real GDP growth for sub Saharan Africa with expectations for an estimated 2,3% in 2021 and 3,1% in 2022 as higher commodity prices expected to rise due to an uptick in global demand for commodities. Read more.
Yesterday saw an easing of stocks after reaching an all time high with the JSE All Share Index (ALSI) breaking through the 69 000 point mark for the first time. Read more.