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News |
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Friday, March 11, 2016 |
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Congo, Ghana, Nigeria, Zimbabwe:
Africa Bond, Currency Preview
By Ana Monteiro
Dec. 11 (Bloomberg) -- The following events
and economy reports may influence trading in
sub-Saharan African bonds and currencies
today. Bond yields and exchange rates are
from the previous session.
Democratic Republic of Congo: The
International Monetary Fund is meeting in
Washington D.C. on a three-year program for
the country, a necessary step ahead of debt
relief.
The Congolese franc was unchanged versus the
dollar at 8:15 a.m. in Kinshasa, from a
close of 906.4297 yesterday.
Ghana: The West African nation’s Statistical
Service releases inflation figures for
November. The rate fell to 18 percent in
October, its fourth consecutive decline,
after the local currency, the cedi, pared
its decline against the dollar, easing
import costs.
The cedi was unchanged at 1.43175 per dollar
at 7:16 a.m. in Accra, from a close of
1.43175 yesterday. ......
......More
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Who builds houses for the South
Koreans?
News Analysis, Dec 10, Ghanadot - This is a
question that has to be asked because building houses
for South Koreans and building same for yourself means
you get to make a lot of money......More |
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According to George Soros, global
leaders are mining the wrong places for climate cash
London, Dec 10, Telegraph, UK -
The world needs new money and this can be found in
current rainy day reserves... Poor countries pay
interest and eventually the whole loan, but in the event
of a default, the loans are backed by the IMF’s gold
....More
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P.C Appiah-Ofori: Mills has
shown he is not corrupt
Accra, Dec 10, Ghanadot - The New Patriotic
Party Member of Parliament for Asikuma
Odoben Brakwa, Paul Collins Appiah-Ofori,
has thrown his weight behind President
Mills’ amiable character, saying the
president has amply demonstrated that he is
at variance with corruption....More
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Congo, Ghana, Nigeria, Zimbabwe:
Africa Bond, Currency Preview
Dec. 11 (Bloomberg) -
Ghana: The West African nation’s Statistical
Service releases inflation figures for
November. The rate fell to 18 percent in
October, its fourth consecutive decline,
after the local currency, the cedi, pared
its decline against the dollar, easing
import costs.
More |
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