JOHANNESBURG (Reuters) – The International Monetary Fund’s executive board has approved a loan of about $178 million for Malawi, with an immediate disbursement of about $35 million, the IMF said in a statement on Wednesday. (Writing by Anait Miridzhanian; Editing by Chris Reese)
By Michael Holden and Sam Tobin LONDON (Reuters) – Prime Minister Rishi Sunak said he would pass an emergency law and warned Britain could quit the European human rights’ convention after the UK’s top judges dealt him a major blow by ruling his scheme to send asylum seekers to Rwanda was unlawful. After the UK …
UK’s Sunak vows emergency law after top court rules Rwanda migrant scheme unlawful Read More »
By Rachel Savage and Karin Strohecker JOHANNESBURG/LONDON (Reuters) – Zambia’s official creditors including China rejected a deal the country struck with its international bondholders because they believed its “base case” scenario did not deliver debt relief comparable to what they offered in a separate deal, two sources familiar with the talks said. Official creditors said …
By Elias Biryabarema KAMPALA (Reuters) – Uganda’s President Yoweri Museveni on Wednesday denounced the United States and UK for issuing adverse security advisories to their citizens in Uganda, and accused both countries of creating and conserving insecurity in Africa. Last week the U.S. and UK both issued travel warnings urging their citizens not to travel …
Uganda’s President Museveni criticises US, UK for security advisories Read More »
MONROVIA (Reuters) -Liberian opposition leader Joseph Boakai has a slight lead over President George Weah in a run-off election after results from about 22% of polling stations, the West African country’s elections commission said on Wednesday. Boakai and Weah emerged neck-and-neck from the first round of the presidential election but below the 50% needed to …
Liberia opposition leader takes slight lead in run-off vote – early results Read More »
By Christian Akorlie and Maxwell Akalaare Adombila ACCRA (Reuters) -Ghana is making progress in talks to restructure its external debt and hopes to achieve a resolution by the end of the year, its finance minister said on Wednesday. In a budget speech, Ken Ofori-Atta said the economy was getting back on track with a smaller …
Ghana’s finance minister hopes for debt-restructuring resolution by year-end Read More »
MILAN (Reuters) – Global dividends fell 0.9% to $421.9 billion in the third quarter due to lower special dividends and a small number of corporations making large cuts to investor remuneration, a report showed on Wednesday. The figures by fund manager Janus Henderson reflect steep cuts across the mining sector, as well as large reductions …
JOHANNESBURG (Reuters) -The South African rand weakened against a stronger U.S. dollar on Wednesday despite better-than-expected local retail sales data. At 1512 GMT, the rand traded at 18.2400 against the dollar, 0.14% weaker than its previous close. The dollar was up around 0.3% against a basket of major currencies. It gained after U.S. retail sales …
South African rand weakens against stronger dollar; shares rise Read More »
(Reuters) – South Africa’s worst bird flu outbreak is now under control and egg supplies are improving, the department of agriculture said on Wednesday. The country has been battling an outbreak of a high-pathogenic avian influenza (HPAI), a bird flu which spreads rapidly in an infected flock causing a high death rate, since April. About …
S.Africa says bird flu under control, egg supply improving Read More »
By Lovasoa Rabary ANTANANARIVO (Reuters) – Madagascar announced a night-time curfew on Wednesday on the eve of a tense first round of presidential elections which follows more than six weeks of protests that authorities quelled with tear gas and violence. The move comes days after ten of 12 opposition candidates pulled out of the race, …
Madagascar announces night curfew ahead of elections boycotted by opposition Read More »
