Congo seeks investors for $12bn to fix power shortages
Congo is the world’s second-biggest producer of copper and largest source of battery mineral cobalt. It also has huge deposits of lithium, zinc, tin, tantalum and gold.
South Africa debt ratios fall on revised data, treasury says
After a regular exercise to update the data showed the economy was 5.3% larger last year than previously estimated.
Q3 2026: Steady overall gold demand amid record high prices
‘Overall, this speaks to … the fact that central banks want to diversify and manage their risk, that they continue to buy in most circumstances’ – Krishan Gopaul, World Gold Council.
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Gold extends rebound above $4 100 as dollar and yields decline
Spot gold rose 1.9% to $4 139.29 an ounce at 12:18 p.m. in Singapore.
Safaricom grows profit 36% as Ethiopia business losses narrow
Group net income rose to 58.2bn in the six months through September from a year earlier.
Oil extends slide after plunging 8% on hopes to end US-Iran war
Brent for January settlement dropped 0.6% to $94.04 a barrel at 12:06 p.m. in Singapore after sinking 8.7% in the previous session.
Dollar falls most in two months as traders weigh gridlock risks
While US stocks and Treasuries gained, the dollar emerged as the clearest knee-jerk casualty from the vote.
Oil collapse is good news for inflation
Analysis of oil and gold prices following the US midterms and rising gold ETF investments as central banks increase their buying.
Back from the brink: Sean Summers on saving Pick n Pay
Reflects on resolving the union dispute without retrenchments, the Boxer deal, the return of customers, and the appointment of a successor.