JOHANNESBURG (Reuters) – South African pharmacy chain Clicks Group said on Tuesday retail sales for its 20-week period rose by 11.8% driven by strong festive season trading and growth in personal care, beauty and essentials such as cleaning products. Sales in comparable stores increased by 8.4% in the first 20 weeks of its 2024 financial …
South Africa’s Clicks 20-week sales boosted by strong festive season Read More »
JOHANNESBURG (Reuters) – South Africa’s rand firmed against a weaker dollar early on Tuesday, recovering from the lows it touched in the previous session. At 0624 GMT, the rand traded at 19.1025 against the dollar, 0.5% stronger than its previous close. On Monday, the currency sank to its lowest in more than three months. The …
South African rand recovers from three-month lows Read More »
Johannesburg (Reuters) – South African retailer Woolworths expects its half-year profit to fall by as much as 10% due to consumers pulling back on spending on clothes and as the country’s energy and logistics crisis persisted. The food, fashion and beauty retailer, which targets the mid- to upper-income segment of the country, said its headline …
South Africa’s Woolworths flags lower half-year profit as shoppers spend less Read More »
NAIROBI (Reuters) – Burundi’s economy is projected to expand 4.3% this year from 2.7% in 2023, helped by improved performance in the agriculture sector, the International Monetary Fund said. With a population of 12 million, Burundi’s economy relies heavily on agriculture revenues, especially from tea and coffee. “Growth is projected to accelerate … supported by …
Burundi economy to expand 4.3% in 2024 vs 2.7% last year – IMF Read More »
DOUALA (Reuters) – The global fight against malaria took a stride forward on Monday as Cameroon started the world’s first routine vaccine programme against the mosquito-borne disease, although Reuters journalists witnessed few people in clinics receiving the shot. Around 40 years in the making, the World Health Organization (WHO)-approved RTS,S vaccine developed by British drugmaker …
Cameroon begins routine malaria shots in global milestone Read More »
(Reuters) – Cameroon launched the world’s first routine vaccine programme against malaria on Monday. It is one of 20 African countries planning to introduce the drug this year, according to global vaccine alliance Gavi. Here are some key facts. THE VACCINE The RTS,S malaria vaccine, developed by British pharmaceutical GSK and sold under the brand …
Factbox-Cameroon rolls out the world’s first malaria vaccine Read More »
By Sinéad Carew NEW YORK (Reuters) – MSCI’s global equities index rose on Monday as Wall Street fed on momentum that took it to a new record high last week, while the U.S. dollar index edged up slightly. U.S. Treasury yields fell as investors took advantage of a recent decline in bond prices to enter …
Global stock index gains while US Treasury yields fall Read More »
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar was little changed to modestly higher against a basket of currencies on Monday ahead of central bank policy decisions in Japan and the euro zone that may determine the currency’s direction this year. Japan’s yen moved away from Friday’s 148.80 per U.S. dollar, its weakest in …
US dollar flat as Japan, European policy meetings loom Read More »
By Erwin Seba HOUSTON (Reuters) -Oil prices rose about 2% on Monday on concerns over global energy supplies following a Ukrainian drone strike on Russia’s Novatek fuel terminal and as extreme cold weather continued to hamper U.S. crude production. Brent March crude futures settled at $80.06 a barrel, up $1.50, or 1.9%. Front-month U.S. West …
Oil rises 2% on supply disruptions in Russia, U.S Read More »
MONROVIA (Reuters) -Liberia’s new president, Joseph Boakai, has recovered from an episode of heat exhaustion that caused him to cut short his inauguration speech on Monday and has resumed his normal activities, the presidency said. The 79-year-old, who defeated George Weah in a runoff election in November, was sworn in during an outdoor ceremony in …
Liberia President Boakai resumes duties after heat exhaustion -presidency Read More »
