Crude Oil is back above $85 per barrel and the market is pricing in earlier interest rate hiking in the US. It may seem the effects of the once termed “transitory inflation” are lingering longer than anticipated. Read more.
Tags : update
es Rössing Uranium, in operation for the past 45 years are eyeing increased production in the forthcoming year hinged on favourable commodity prices worldwide. Read more.
An international joint venture led by Powergrids has a goal of investing US$100 million into an off grid solar project that aim to power the cities of Gemena, Bumba and Isiro that are located in DRC’s northern region which currently has no connection to the country’s power network. Read more.
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.
On the first business day of August, Nigerian stock markets closed strongly. On a cumulative basis, Nigerian stocks rose by 0.15%, led by MTN Nigeria and Julius Berger. Read more.
The Beer Association of South Africa (Basa) said it would submit an urgent Promotion of Access to Information Act (PAIA) application to the National Coronavirus Command Council (NCCC) to obtain the data and evidence on which it based its decision to extend an alcohol ban by another two weeks.
There are very few South Africans who are not familiar with the wealthy Indian-born family, the Guptas, with business interests in South Africa. Read more.