Yvette Babb News Today

South Africans vote in a national election on May 29 and, for the first time since the end of apartheid 30 years ago, polls suggest the ruling African National Congress party is at risk of losing... -May 16, 2024 at 02:00 am EDT - MarketScreener

For the first time since the end of apartheid 30 years ago, polls suggest the ruling ANC is at risk of losing its parliamentary majority on May 29. Investors are paying close attention.

South Africans vote on May 29, with the ruling ANC at risk of losing its parliamentary majority for the first time since apartheid ended.

Investors cautiously welcomed Nigerias long-awaited interest rate hike, but warned that the central bank must tighten monetary policy more in order to attract investment and tame soaring...

By Rachel Savage and Libby George JOHANNESBURG/LONDON (Reuters) - Investors cautiously welcomed Nigeria's long-awaited interest rate hike, but warned that the central bank must tighten monetary policy more in order to attract investment and tame so...

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(Bloomberg) -- Kenya’s eurobonds maturing in June surged after the East African nation offered to buy back its $2 billion of debt and announced plans to sell new securities. Most Read from BloombergHaley Loses Nevada Primary to ‘None of These Candidates’ OptionChina Replaces Top Markets Regulator as Xi Tries to End RoutTesla Asks Which Jobs Are Critical, Stoking Layoff FearsUS Commercial Real Estate Contagion Is Now Moving to EuropeTrump Denied Immunity in DC Election Case b...

Record govt debt, high unemployment and power shortages are a challenge to Africa’s largest economy

Citi points to potential currency market volatility