Markets: Latest News
Dana Sanchez, 8:34 pm
In the platinum industry, 34 people died when strikes turned violent Aug. 16 in what has become known as the Marikana Massacre.
Dana Sanchez, 7:58 pm
Adele Natogo left her nine children and village an eight-hour walk away to sift through piles of terracotta rubble for gold in Eastern South Sudan. But the pickings are slim, said Trader Samuel Kivuva.
Dana Sanchez, 5:56 pm
Among the star performers attracting growing numbers of investment projects are Ghana, Nigeria, Kenya, Tanzania, Zambia Mozambique, Mauritius and South Africa.
Makula Dunbar, 4:51 pm
When it comes to commercial property, 40% of the purchase price must be raised by the borrower, with the remaining 60% being loaned by a financial institution.
Cody Copeland, 10:47 pm
This year marks the denouement of the World Food Program’s five-year food buying pilot initiative, Purchase for Progress (P4P). The program aims to empower smallholder farmers in 20 countries, 15 of which are in Africa. The program was made possible by a $66 million donation from the Bill and Melinda Gates Foundation.
Dana Sanchez, 6:05 pm
The dispute at the mines near Steelpoort adds to long-running friction in the mining industry that caused a slowdown in production, raised concerns about Africa’s largest economy and sent the rand to fresh four-year lows.
Makula Dunbar, 4:46 pm
Research that benchmarks African private equity against the global market for the first time shows the industry is far maturer than analysts had previously thought.
Dana Sanchez, 7:21 pm
The fast-growing Sub-Saharan Africa will likely receive the majority of foreign direct investment to Africa, set to rise by more than 10 percent in 2013, approaching its 2008 record high.
Makula Dunbar, 3:00 pm
Morocco’s possible demotion to frontier market status next month may deter international investors and put the country’s stock market, already suffering from tumbling share prices and trading volumes, further at risk.
Dana Sanchez, 1:25 pm
Except for Libya and Somalia, gross domestic product in Africa is expected to rise 4.5 percent in 2013, up from 4.2 percent in 2012.
- Real Estate