Economy
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Economy
Nigeria farmers abandon farms after attacks, sending food prices higher
Date:Jun 25, 2024
Hassan Ya'u, a 42-year-old maize and sesame seed farmer in Nigeria's northern Katsina state, was tending to his crops early this month when dozens of armed men on motorcycles rode towards his plot and started shooting at close range.
Exxaro weighing options for Australian coal JV amid Anglo's planned exit
Date:Jun 25, 2024
South Africa's (SA) Exxaro Resource is weighing its options for its Australian coal joint venture project with Anglo American Plc following the mining giant's planned exit from the business, an executive said on Tuesday.
Dollar's dominance secure, BRICS see no progress on de-dollarisation: Report
Date:Jun 25, 2024
The United States (US) Dollar remains the world's primary reserve currency.
SA NCC conducting inspections after discovery of expired products
Date:Jun 25, 2024
The South Africa’s National Consumer Commission (NCC) is carrying out nationwide inspections to ensure businesses comply with consumer protection regulations.
Over 1 800 fuel outlets shut in Nigeria's northeast over smuggling dispute
Date:Jun 25, 2024
Nearly 2 000 petrol outlets were shut in Nigeria to protest against an anti-smuggling operation that targeted some operators, the local head of the petroleum marketers association said yesterday, forcing motorists to buy from the black market.
Employment decline in SA formal sector
Date:Jun 25, 2024
The first quarter of 2024 has seen a significant decrease in employment within South Africa's (SA) formal non-agricultural sector, according to the latest Quarterly Employment Statistics released by Statistics SA.
Nvidia short sellers make $5 billion from three-day selloff, data shows
Date:Jun 25, 2024
Nvidia short sellers have raked in nearly $5 billion in paper profits from the AI chip designer's sharp selloff over the past three sessions, according to data analytics firm Ortex Technologies.
Police, protesters gather ahead of anti-finance bill protest in Kenya
Date:Jun 25, 2024
Protesters in Kenya were set to stage nationwide demonstrations this Tuesday against new tax hikes, seeking to build on momentum that has, in the span of a week, turned an online, youth-led initiative into a major headache for the government.
Rand claws back some losses on reports cabinet talks progress
Date:Jun 25, 2024
The South African Rand clawed back some losses in early trade on Tuesday, as local media reported progress in negotiations over cabinet positions between the two biggest parties in the unity government.
Global coffee prices surge amid adverse weather conditions
Date:Jun 24, 2024
Coffee lovers around the world are bracing for a jolt as prices of their beloved beverage continue to climb.
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