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LATEST Fast News  

South Africa’s energy fund may be mulling buying Sapref oil refinery

27 Oct 2021 /  Paul Burkhardt and Loni Prinsloo, Bloomberg   1
According to sources.

Emerging markets: Lira extends gains, regulatory worries hit Chinese internet stocks

27 Oct 2021 /  Susan Mathew, Reuters  
Rand drops to two-week low.

Mozambique president served with London litigation claims

27 Oct 2021 /  Matthew Hill, Bloomberg  
Privinvest alleges Filipe Nyusi was at the centre of Mozambique’s 'hidden debt scandal'.

China tech stocks slump

27 Oct 2021 /  Bloomberg News   1
As tensions with the US spook investors.

Sub-Saharan Africa to see mixed economic recovery into 2022 – poll

27 Oct 2021 /  Vuyani Ndaba, Reuters  
SA experienced one of the biggest contractions on the continent last year.

Namibia plans to establish a sovereign wealth fund this year

27 Oct 2021 /  Kaula Nhongo, Bloomberg  
To buffer against future economic shocks.

US futures steady, Asia stocks drop; yields rise: markets wrap

27 Oct 2021 /  Andreea Papuc, Bloomberg  
The dollar was steady.

Nigeria’s annual spending on subsidy could exceed Eurobond raise

27 Oct 2021 /  Anthony Osae-Brown and William Clowes, Bloomberg  
If prices aren’t permitted to rise, fuel subsidies could cost the NNPC almost 3 trillion naira over the next 12 months.

Ninety One launches index to track EM climate performance

27 Oct 2021 /  Reuters   
Index would cover 115 countries, including 85 in emerging markets, a much fuller coverage than existing indexes, the asset manager says.

Global inflation battleground heads to Australia as yields surge

27 Oct 2021 /  Swati Pandey, Bloomberg  
Inflation has gathered pace across the world, driven by soaring energy prices and supply chain disruptions on everything from semiconductors to cars and food.

China’s booming exports mean yuan’s yearlong rally far from over

27 Oct 2021 /  Bloomberg News  
There are few signs it’ll be dethroned anytime soon.

Cigarette sales climbed for first time in 20 years, US says

27 Oct 2021 /  Laura Curtis, Bloomberg  
Marking the first annual increase in two decades.

Crue Invest in the spotlight as Professional Practice of the Year winners named

26 Oct 2021 /  Boitumelo Ntsoko  
Takes runner-up position, with top honours going to Gradidge Mahura Investments.

Energy crisis divides European nations at emergency meeting

26 Oct 2021 /  Ewa Krukowska and John Ainger, Bloomberg   5
Households face double-digit increases in electricity bills.

Ether outperforms rival cryptos before Ethereum network upgrade

26 Oct 2021 /  Joanna Ossinger, Bloomberg  
Bulls using the options market to position for a potential Ether futures ETF announcement.

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