The South African rand showed modest gains in early trading on Thursday, edging higher as investors awaited key mining production figures. At 06:45 GMT, the rand traded at 17.7150 against …
GOLD
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EconomyMarketsNewsSouth Africa
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Eastern AfricaEconomyTrade and Commerce
Tanzania Narrows Current Account Deficit as Export Earnings Surge
DAR ES SALAAM — Tanzania’s current account deficit has dropped significantly to $2.16 billion in the year ending February 2025, down from $2.91 billion in the same period last year, …
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BusinessEconomyFinance & ServicesMarketsPolitics
South African rand strengthens as gold hits fresh peak
South Africa’s rand made gains on Monday, strengthened by a surge in gold prices and growing optimism about a potential agreement between the country’s two largest political parties on the …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness and EconomyINVESTMENTSouth Africa
South African Rand Rises as Gold Prices Hit Record High
The South African rand edged higher today, March 18, 2025, gaining 0.4% to trade at 18.0175 per U.S. dollar, following a strong rally in gold prices. Gold soared to an …
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AfricaAFRICA NEWSBusinessGhanaNewsWestern Africa
Fitch Solutions projects 4% growth in Ghana gold production this year
Fitch Solutions, the research arm of Fitch Ratings, has projected a four percentage point growth in gold production for this year. The projected growth according to Fitch Solutions, is on …
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AfricaAFRICA NEWSAgricultureBusinessFood ProductionGhanaNewsOil & GasWestern Africa
Bank Of Ghana forecasts supply deficit for cocoa market in 2021/22 crop season
The Bank of Ghana is forecasting a supply deficit for the cocoa market in the ongoing 2021/22 season with cocoa prices forecast to average about $2,450 in 2022, before increasing …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyGhanaNewsWestern Africa
Bank of Ghana buys gold in cedis
A roadmap has been developed for the implementation of the Bank of Ghana Gold Purchase Programme. Consequently, the Economic Management Team, the Bank of Ghana, Ministry of Lands and Natural …
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Gold Coast Refinery Limited, the second largest refinery in Africa and first gold refinery in Ghana has been named a certified member of the Responsible Jewellery Council (JRC), an affiliate …