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...The first tranche gave Cairo the buffer it needed to float its currency, a much-delayed move that met a key IMF condition....
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...The South African deal underlines how Gazprombank has become a key channel for the Russian state to make energy investments abroad in the face of western sanctions over the country’s invasion of Ukraine....
...The company produces fuels and chemicals from coal, including using a plant in Secunda in South Africa’s north-eastern Mpumalanga coal heartland that ranks as the world’s biggest single-site source of key...
...Floating the currency and allowing market forces to set the value of the pound was a key condition for the heavily indebted country to access more IMF funds as a condition of a $3bn bailout in 2022....
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...Gillian Tett (Opinion, March 8) refers to the assertion — quoting Joseph Stiglitz and others — that there’s no mechanism to restructure sovereign debt comparable to corporate bankruptcy laws and judicial...
...Exports via one key coal rail line last year dropped to their lowest since 1993, and analysts estimate the route could deliver only 50mn tonnes this year, far below its 90mn tonne capacity....
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...Hichilema will embark on a six-day state visit to China from Sunday to discuss “Chinese investments in key sectors of the Zambian economy”, Zambia’s foreign ministry said on Friday....
...These forces have pushed back the insurgents from the LNG development zone and key towns....
...“This is a really key milestone towards driving the acceleration of our [fintech] services,” he added....
...The credibility of the second election held in Zimbabwe since the fall of Robert Mugabe, the late dictator, was a key test of whether Mnangagwa’s Zanu-PF would be able to access international financing to...
...The other issue - and this was a legacy of state capture - is that the police, the prosecutors, and other key institutions were also severely weakened....
...These span her key periods between c1955 and 1989 and have a combined estimate of $36mn-$51.5mn (guaranteed)....
...The allegation unleashed a diplomatic storm for Ramaphosa’s government, which has said it is non-aligned over the war in Ukraine, and shook South Africa’s financial markets as trade ties connecting key South...
...Return on equity — a key industry metric for profitability — was 13.6 per cent, down from 14.8 per cent the year before....
...Ethiopia, Africa’s second most populous nation, will bring up the rear as the Brics’ smallest member by GDP but it is a key debtor to Beijing....
...AXA Millésimes, the insurance company’s wine division, is far lower-key than Bernard Arnault’s vast LVMH empire, but has its own investment in Outpost on Howell Mountain, east of the valley....
...That is one reason global investors steer clear of Europe’s banks, thinks Joseph Dickerson at Jefferies....
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