Indices

US signs pact with Kenya under 'America First' global health plan

STORY: :: US and Kenya sign a $1.6 billion health pact, the first since USAID was dismantled :: Washington, D.C. :: December 4, 2025 :: Marco Rubio, Secretary...

Senegal loan progressing, review underway into how it missed debts

The International Monetary Fund said on Thursday it had made significant progress with Senegal toward a new loan programme while the Fund continued an internal investigation into how it failed to...

TSX opens higher on strong bank earnings

Canada's main stock index opened higher on Thursday as major lenders reported better-than-expected results, pointing to a healthy banking sector as well as a resilient economy. At 9:30...

Putin questions US punishing India for buying Russian oil

Russian President Vladimir Putin challenged heavy U.S. pressure on India not to buy Russian fuel if the U.S. could do so as he began a two-day state visit, where he was embraced on arrival by Indian...

Boosted by 'Dubai chocolate' craze, Argentina bets on pistachios

STORY: Argentina is striving to capitalize on its favorable climate to cash in on a growing worldwide demand for pistachios, fueled in part by a TikTok trend around pistachio-filled treats known as...

Debt-strained Kenya to sell Safaricom stake to Vodacom in $1.6 billion deal

Kenya is selling a 15% stake in telecom operator Safaricom to South Africa's Vodacom in a deal worth about $1.6 billion, the companies and the finance minister said, as the government seeks to raise...

African Development Bank says it plans $1.78 billion financing for Namibia

The African Development Bank plans $1.78 billion of financing for Namibia over the next few years, backing projects in sectors such as transport, energy and water, a bank spokesperson said. ...

Aurubis reports lower annual profit as copper output slows

Europe's largest copper producer Aurubis reported annual operating core profit just below market expectations on Thursday, weighed down by lower concentrate throughput at reduced treatment and...

Bessent says Fed rate cuts needed, China making good on soybean purchases

U.S. Treasury Secretary Scott Bessent on Wednesday expressed optimism about the economic outlook next year, but said interest rate cuts were still needed given a weakening in sectors including...

Bessent: China is reaching 'correct cadence' to complete promised US soybean purchases

U.S. Treasury Secretary Bessent said he was very optimistic about the U.S. economy next year, given increased capital investments, but said interest rate cuts were needed given a weakening in certain...

World Bank warns developing world 'not out of danger' as debt costs hit record

The gap between developing nations' debt servicing costs and new financing hit a more than 50-year high of $741 billion between 2022 and 2024, the World Bank said on Wednesday, urging countries to use...

Namibia holds key rate, citing South Africa's new inflation target

Namibia's central bank left its main lending rate unchanged at 6.50% on Wednesday, saying neighbouring South Africa's decision to lower its inflation target meant it had to be extra careful about...

Kenya private sector activity surges to five-year high, PMI survey shows

Kenya's private sector activity expanded for the third consecutive month in November to stand at a five-year high, boosted by better performance across all sectors, a survey showed on Wednesday. ...

South Africa's private sector activity contracts for second month in November, PMI shows

South Africa's private sector activity contracted for the second consecutive month in November driven by sustained falls in output and new business volumes, an S&P Global survey showed on Wednesday. ...

South African rand steady after slight PMI contraction

South Africa's rand was stable on Wednesday after the release of a purchasing managers' index dealing with business conditions, while global investors keep tabs on key U.S. data before the Federal...

Egypt's non-oil private sector sees strongest growth in five years in November, PMI shows

Egypt's non-oil private sector recorded its fastest growth in five years in November, driven by sharp increases in output and new orders, a business survey showed on Wednesday. The S&P...

Gold steady as markets focus on US data; silver eases from record high

Gold prices held steady on Wednesday as traders awaited key U.S. economic indicators to gauge the Federal Reserve's policy direction, while silver pulled back from a new record high. ...

More US soybean shipments to China due to load through mid-December

Shipments of U.S. crops to China are accelerating after a tense tariff war had stalled trade for months, with at least six bulk cargo vessels scheduled to load with soybeans at Gulf Coast terminals...

Qatar cuts Sainsbury's stake to end near two-decade reign as top shareholder

Qatar's sovereign wealth fund plans to reduce its stake in Britain's second-largest supermarket group Sainsbury's by nearly 4%, a term sheet showed on Tuesday, ending its near-two-decade reign as top...