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Inside Africa
Fitch Ratings has affirmed Namibia’s Long-Term Issuer Default Ratings (IDRs)at ‘BB-’ with a Stable Outlook. Namibia’s ratings are supported by strong governance indicators and an institutional framework relative to rating peers.
The South African Rand traded steady against Western currencies, the US dollar, the euro, and the British pound on Monday as gold rebounded amid uncertainty in the global commodity market.
King Letsie III of Lesotho said that nearly 60 per cent of the world’s chronically undernourished population by 2030 could be living in Africa.
Moody’s Ratings has changed the outlook on the Government of Angola to positive from stable
South African rand fell against the crosses and other Western currencies after the Reserve Bank hiked the repo rate by 25 basis points to anchor inflation and align with the US Fed’s rate hike.
European banks’ withdrawal from Africa over the past decade is accelerating the rise of pan-African
MarketForces Africa| The average yield on South African government bonds increased due to
S&P Global Ratings affirmed its ‘B-/B’ long- and short-term local and foreign currency sovereign c
South African Rand came under pressure on Tuesday as a worsening global energy crisis