By Mark John (Reuters) – Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust i[...]
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Africa
Foreign investors pour $925 million into Egypt since Wednesday
CAIRO (Reuters) – Foreign investors transferred more than $925 million dollars into the Egyptian foreign exchange market in the three days since its currency sharply depreciated last week, Egypt[...]
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Egypt to sell discounted bread to fight inflation
By Sarah El Safty CAIRO (Reuters) -Egypt’s government will start selling discounted bread to people not enrolled in its bread subsidy programme as it battles accelerating inflation, the supply m[...]
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Investors snap up record $39 billion emerging market sovereign bond splurge
By Jorgelina do Rosario LONDON (Reuters) – Developing countries have sold a huge $39 billion of international bonds since the start of the year, with investors happy to pile into riskier debt as[...]
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Yellen leads new U.S.-Africa policy with trip to Senegal, Zambia, South Africa
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Senegal, Zambia and South Africa during the next two weeks, as the United States aims to strengthen ti[...]
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IMF chief heading to Zambia, says new debt ’roundtable’ to meet in February
By Andrea Shalal WASHINGTON (Reuters) – A new global sovereign debt “roundtable” that will include China, other creditors and some borrowing countries will meet for the first time ne[...]
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Crisis-hit Ghana increases public servant salaries by 30%
ACCRA (Reuters) – Ghana’s government and trade unions on Thursday agreed to increase all public servants’ salaries by 30% for 2023, they said in a joint statement, as the country str[...]
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Egypt’s December inflation accelerates to annual 21.3%
CAIRO (Reuters) – Egyptian annual urban consumer inflation in December rose to 21.3% from 18.7% in November, exceeding analyst expectations, data from the statistics agency CAPMAS showed on Tues[...]
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Kenya will not default on its debt payments -President Ruto
NAIROBI (Reuters) – Kenya will not default on its debt and plans to ramp up tax collection in the next two years, President William Ruto said on Wednesday. Ruto’s government, which took ov[...]
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