By Promit Mukherjee JOHANNESBURG (Reuters) – Africa’s biggest casino operator Tsogo Sun Gaming has become one of the top five investors in leading South African hotel chain City Lodge, with a 5% stake, share ownership data showed. The stake, acquired by HSS Investments and Entertainment Holdings, two subsidiaries of Tsogo Sun Gaming, could herald the …
Africa’s biggest casino operator Tsogo Sun bets on hotel chain Read More »
By Emma Farge GENEVA (Reuters) – Sudanese refugees are streaming into Chad so quickly that it will be impossible to relocate them all to safer places before the start of the rainy season in late June, a senior Red Cross official said on Tuesday, flagging the risk of a disaster. Some 60,000-90,000 people have fled …
Red Cross warns of possible humanitarian disaster on Sudan-Chad border Read More »
HARARE (Reuters) – Zimbabwe’s government will closely regulate voluntary carbon offset trading in a bid to curb greenwashing and ensure benefits for local communities, its environment minister has said. The global $2 billion voluntary carbon offset market involves companies buying credits from emission reducing projects such as renewable energy or planting trees to offset their …
Zimbabwe to regulate carbon credit market to curb greenwashing Read More »
By Karen Lema MANILA (Reuters) – The World Bank will press for more grants and new capital from member countries, even as it leverages its balance sheet to scale up lending for responses to climate change and other global crises, its managing director of operations said on Tuesday. The lender will rally donor support for …
World Bank seeks grants, new capital to fight global crises Read More »
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) -Asset managers Ashmore and GMO have joined the steering committee of a creditor group of Ghana’s international bondholders as the West African country’s debt restructuring efforts gather pace, three sources close to the matter said. Ghana, which is facing its worst economic crisis in a generation, …
Ashmore, GMO join Ghana bondholder group steering committee -sources Read More »
(Reuters) – Tullow Oil Plc said on Tuesday two minority partners of its licences in Kenya will withdraw from some blocks in the South Lokichar Basin, leaving the London-listed oil and gas explorer as the sole owner of the oilfield. The West Africa-focused company said the withdrawal from blocks 10BB, 13T and 10BA was due …
Tullow Oil’s partners in Kenya licences withdraw from Lokichar oilfield Read More »
By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Wall Street shares were mixed and European stocks finished little-changed as talks in Washington resumed to avert a U.S. default, while gold prices retreated under pressure from hawkish remarks by Federal Reserve officials. Oil prices finished higher on demand optimism. U.S. treasury yields rose. House Republican …
Wall Street mixed, European stocks flat as US debt ceiling talks progress Read More »
By Khalid Abdelaziz and Mohamed Nureldin KHARTOUM (Reuters) -A week-long ceasefire in Sudan got off to a shaky start on Monday as witnesses in the capital Khartoum reported fighter jets flights over the city and continued fighting in some areas. Heavy bombardments could be heard in east Khartoum, witnesses said, and one resident shared a …
Sudan ceasefire starts precariously as continued fighting reported Read More »
KINSHASA (Reuters) – Congo’s electoral commission has registered around 43.9 million voters for general elections in December compared to 40.4 million in the previous poll, it said on Monday, with some among the opposition alleging irregularities. Political tension is on the rise in Congo ahead of Dec. 20 polls in which President Felix Tshisekedi is …
Congo registers around 43.9 million voters for December general election Read More »
DAKAR (Reuters) – Between 60,000 and 90,000 people have fled from Sudan to neighbouring Chad since violence erupted last month, the U.N. refugee agency said on Monday. More than 250,000 people have crossed the borders to neighbouring countries since the conflict broke out, with more expected to flee as fighting continues. “Almost 90% of new …
Over 60,000 have fled to Chad from Sudan since conflict started -UNHCR Read More »
