By Anait Miridzhanian and Rachel Savage JOHANNESBURG (Reuters) -The Johannesburg Stock Exchange hit an all-time high on Monday as South African technology and mining stocks gained on enthusiasm about China reopening its borders and hopes the U.S. Federal Reserve may slow the pace of interest rate hikes. The all-share index rose to as high as …
Johannesburg Stock Exchange hits all-time high, rand firms Read More »
ABIDJAN (Reuters) – No rain fell last week in most of Ivory Coast’s cocoa regions for the second consecutive week, raising fears of a prolonged dry spell which could weigh on the outlook of the April-to-September mid-crop, farmers said on Monday. Ivory Coast, the world’s top cocoa producer, is in its dry season which runs …
No rains in Ivory Coast cocoa regions, tight supply fears -farmers Read More »
ABIDJAN (Reuters) – Ghana’s graded and sealed (G&S) cocoa arrivals stood at 350,000 tonnes by Dec. 15 since the start of this year’s harvest on Oct. 1, up 76% from 199,000 tonnes in the same period the previous season, figures from regulator COCOBOD showed on Monday. G&S is cocoa that has been quality checked and …
Ghana 2022/23 cocoa arrivals up 76% by Dec. 15- COCOBOD regulator Read More »
ABIDJAN (Reuters) – Cocoa arrivals at ports in top grower Ivory Coast had reached 1.346 million tonnes by Jan. 8 since the start of the season on Oct. 1, up 11.6% from the same period last season, exporters estimated on Tuesday. Around 44,000 tonnes of beans were delivered to Abidjan port and 43,000 tonnes to San …
Ivory Coast 2022/23 cocoa arrivals seen at 1.346 million tonnes by Jan. 8 Read More »
JOHANNESBURG (Reuters) – The Johannesburg Stock Exchange Top 40 companies index hit an historic high of 72,161 points in early trading on Monday, up around 2%. The all-share index touched a 10-month high of 78,238 points, a rise of about 1.8%. (Reporting by Rachel Savage, editing by Karin Strohecker)
CAIRO (Reuters) -Shipping traffic in the Suez Canal was proceeding normally on Monday after tugs towed a cargo vessel that broke down during its passage through the waterway, the Canal Authority said. The breakdown was expected to cause only minor delays, with convoys of ships resuming regular transit by 11:00 local time (09:00 GMT), shipping …
Traffic in Suez Canal normal after ship breakdown dealt with- SCA Read More »
JOHANNESBURG (Reuters) – Offshore investors bought a net 0.37 billion rand ($21.70 million) of South African stocks last week, data from the Johannesburg Stock Exchange showed on Monday. Settlement data on bonds showed net purchases of 2.87 billion rand, while trading data showed net purchases of 2.26 billion rand. ($1 = 17.0501 rand) (Reporting by …
Offshore investors net buyers of South African stocks, bonds Read More »
JOHANNESBURG (Reuters) – South Africa’s net foreign reserves rose to $53.827 billion in December from $53.391 billion in November, the Reserve Bank said on Monday. Gross reserves also increased to $60.570 billion in December from $59.877 billion in November. The forward position, which represents the central bank’s unsettled or swap transactions, fell to $0.554 billion …
South Africa’s net foreign reserves rise to $53.827 billion in December Read More »
By Tife Owolabi YENAGOA, NIGERIA (Reuters) – Gunmen armed with AK-47 rifles have abducted more than 30 people from a train station in Nigeria’s southern Edo state, the governor’s office said on Sunday. The attack is the latest example of the growing insecurity that has spread to nearly every corner of Africa’s most populous country, …
Gunmen kidnap 32 people from southern Nigeria train station Read More »
By Wendell Roelf CAPE TOWN (Reuters) – South African power utility Eskom on Sunday said police were investigating whether an attempt was made to poison its outgoing Chief Executive Officer Andre de Ruyter. Public Enterprises Minister Pravin Gordhan also told Reuters on Sunday the alleged incident “will be thoroughly investigated” and anyone responsible charged. Without …
South Africa’s Eskom says police investigating alleged poisoning of CEO Read More »
