Mukisa Peter Benjamin

Two of Zambia’s largest copper smelters and sulphuric acid producers will shut for extended maintenance later this year. Two industry sources confirmed the planned outages, which will further squeeze copper output and

Algeria, a gas-rich OPEC member, launched a 2026 oil and gas licensing round on Sunday. The government offered seven exploration blocks in an effort to boost output and attract foreign investment. The

Developing country policymakers left this week’s IMF-World Bank meetings more frustrated than ever. Successive external shocks are derailing their efforts to tackle high debt, reform their economies, and deliver better lives for

JOHANNESBURG: The South African rand strengthened against the dollar on Monday. A softer US currency helped offset fading hopes for a near-term interest rate cut by the Federal Reserve. At 1448 GMT,

LONDON: Commodity trader Glencore has pulled significant cobalt stocks from China’s Wuxi exchange to meet commitments to electric-vehicle battery makers. Two sources familiar with the matter said the move comes due to

ABUJA: Nigeria’s headline consumer inflation slowed marginally in February, reaching 15.06 percent year-on-year from 15.10 percent in January. The National Bureau of Statistics released the data on Monday, confirming the 11th consecutive

South African Finance Minister Enoch Godongwana will present the 2026 budget bill to lawmakers on Wednesday. Investors are watching closely to see how Treasury manages improved revenues. The South Africa 2026 budget

Uganda plans to connect its new standard gauge railway to a line under construction in neighboring Tanzania. A government document seen by Reuters reveals this strategic shift in transport policy. The Uganda

AngloGold Ashanti reported a sharp rise in profit for 2025. Headline earnings reached $2.725 billion. This is almost three times higher than the $954 million earned in 2024. The strong result came