Markets: Latest News
Staff, 2:23 pm
Unlike gold, platinum and its sister metal palladium, have far greater industrial uses, and their prices have benefited from strong demand from the auto sector.
Dana Sanchez, 9:56 am
Global foreign direct investment fell by 18 percent in 2012 but investment into Africa increased by 5 percent according to a United Nations report.
Makula Dunbar, 9:03 am
Mauritius cut its 2013 economic growth forecast to 3.3 percent from 3.5 percent, anticipating a contraction in the construction sector and slower growth in financial services and technology.
Dana Sanchez, 1:17 pm
Not all South Africans are celebrating Obama’s visit. The Muslim Lawyers’ Association has called for Obama’s arrest on war crime and genocide charges.
Dana Sanchez, 12:34 pm
Ethiopia’s economy is expected to grow by 10 percent this year, higher than the 6.5 percent growth forecast given by the International Monetary Fund, a report says.
Dana Sanchez, 11:05 am
The O3b satellites could take a country like the Democratic Republic of Congo from being one of the most poorly-connected on Earth to one of the best, a report said.
Makula Dunbar, 2:53 pm
The Gulf Cooperation Council’s development fund received a $1.2 billion boost today when Moroccan finance minister Nizar Baraka and The Abu Dhabi Fund for Development (ADFD) — on behalf of the UAE — signed a memorandum of understanding (MOU) . The United Arab Emirates is a region that has long been committed to aiding the development of Morocco
Dana Sanchez, 2:37 pm
Close to 5,000 Liberian tree crop farmers will benefit from a World bank project, with total direct beneficiaries of 26,000 household members, a report says.
Dana Sanchez, 12:39 pm
Because commercial blueberry growing is still a small industry in South Africa, many natural pests and diseases of the blueberry plant and fruit are not yet present, making crop protection easier and less costly than traditional blueberry growing areas.
Makula Dunbar, 9:58 am
South African stocks posted the biggest four-day decline in almost two years as the gauge fell from a record high after foreigners sold emerging-market assets.
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