By Jennifer Rigby The World Health Organisation (WHO) logo is seen near its headquarters in Geneva, Switzerland, February 2, 2023. REUTERS/Denis Balibouse Purchase Licensing Rights LONDON, Dec 8 (Reuters) – The World Health Organization is “very worried” about the spread of a severe form of mpox that has killed nearly 600 people, mainly children, in the Democratic Republic…
Reuters News The World Health Organisation (WHO) logo is seen near its headquarters in Geneva, Switzerland, February 2, 2023. REUTERS/Denis Balibouse Purchase Licensing Rights South Africa’s current account deficit narrowed sharply in the third quarter of 2023, to 0.3% of gross domestic product (GDP) from a revised 2.7% in the second quarter, central bank data showed on…
Reuters News FILE PHOTO: A street money changer counts South African rand in Harare, May 5, 2016. REUTERS/Philimon Bulawayo/File Photo South Africa’s net foreign reserves rose to $56.319 billion at the end of November from $55.510 billion in October, central bank data showed on Thursday. Gross reserves increased to $61.721 billion in November from $60.962…
Nigerian Tribune Landscape of broad street in Lagos. Getty Images image used for illustrative purpose. Federal Government has said that the current economic contractions and realities pose a lot of challenges for government to achieve developmental agenda and called on support of volunteers across the country to address the challenges of unemployment, poverty, food insecurity…
Reuters News An electric car charging sign is seen in a car park at a petrol station in Sao Paulo, Brazil, March 3, 2018. REUTERS/Nacho Doce/File Photo Purchase Licensing Rights JOHANNESBURG – South Africa’s automotive industry will likely produce its first electric vehicle (EV) in 2026, the trade minister said on Monday, as he outlined plans for the…
Reuters News South Africa’s economy contracted 0.2% in the third quarter of 2023 in quarter-on-quarter seasonally adjusted terms, compared to revised growth of 0.5% in the previous quarter, statistics agency data showed on Tuesday.
Bizcommunity.com The latest trade data update from Trade Map shows another impressive performance from the agriculture sector with the value of export earnings jumping by 4% year-on-year to $3.9bn. The increased seasonal availability from bumper harvests in the horticulture and field crops underpinned this stellar performance. Although slightly firmer in Q2, the rand exchange rate…
Nigerian Tribune The Central Bank of Nigeria’s (CBN) most recent monthly economic report shows that deposit money banks (DMB’s) total credit extension to the economy increased to N38.3billion in Jul 2023 from N37.5billion in the previous month. Specifically, the report shows that credit extension to the leading services sector was up by 3percent month on…
Reuters News CAPE TOWN – The African Development Bank (AfDB) is drawing up plans for $1 billion of upgrades to a dozen hydropower plants in Africa, bank officials said on Monday, boosting capacity that is often unable to meet the continent’s surging power needs. Ranging from Nigeria’s largest 760 megawatt (MW) Kainji plant, to South Africa’s…
Nigerian Tribune “Climate change is the greatest threat to our existence in our short history on this planet. Nobody’s going to buy their way out of its effects.” – Mark Ruffalo From north to south, Nigeria is blessed with rich biodiversity and an enviable climate. It possesses one of the largest land masses in Western…
