Oakbay, a South African investment company owned by Gupta brothers, business friends of President Jacob Zuma on Monday announced its intention to sell off its media stakes in order to.
Ghana’s three-day international investment forum is confirmed to have top global business icons in participation. The Investment forum commences on Sunday according to a statement by the Ghana Investments Promotions.
Egypt has experienced an increase in its annual urban consumer price inflation in July. The annual urban consumer price inflation catapulted from 29.8 percent in June to 33.0 percent in.
The African Development Bank has recently pledged its support to young agriculturist across the region. Principal Agricultural Economist Mr. Edson Mpyisi disclosed the AFDB’s plans to set up a fund.
The International Monetary Fund on Monday told Mauritius that the country needs to tighten monetary policy and modernize its framework to respond to shocks and tackle inflationary pressures. In a statement.
Egypt’s investment bank Beltone Financial will acquire brokerages in Egypt and will launch a $1 billion investment fund in fixed income instruments in September, its Chief Executive Officer Bassem Azzab.
Egypt has experienced an increase in its annual urban consumer price inflation in July. The annual urban consumer price inflation catapulted from 29.8 percent in June to 33.0 percent in July. .
A survey carried out on Tuesday revealed that the South Africa’s business confidence climbed to its highest level in five months in July helped by a firmer currency, higher sales of vehicles and falling inflation..
The South African rand has weakened due to investors bet on a no-confidence vote by secret ballot against President Jacob Zuma could unseat him. At 0650 GMT the rand was.
Lonmin Plc, the British producer of platinum group metals operating in the Bushveld Complex of South Africa, has said it would cut cost and monetize select assets, including the sale.
