Africa
Sanlam Full-Year Profit Doubles After South African Stock Market Rebounds Sanlam Ltd., the largest South
African-based insurer, said full-year profit more than doubled
as equities on Johannesburg’s stock exchange rebounded.
Mozambique, South Africa and Zambia: Sub-Saharan Bond, Currency Preview The following events and economic
reports may influence trading in sub-Saharan African bonds and
currencies today. Bond yields and exchange rates are from the
previous session.
National Bank of Kenya Says Full-Year Profit Climbs 18% on Lending Gains National Bank of Kenya Ltd. posted
full-year profit of 1.46 billion shillings ($19.1 million), up
18 percent from a year earlier, as income from loans grew,
Managing Director Reuben Marambii told reporters today in
Nairobi, the capital.
Guinean Labor Union Says Strike Over Wages at CBG Was Partially Followed Workers at Compagnie des Bauxites
de Guinee, the world’s biggest bauxite exporter, only partially
followed a call to strike over pay, a Guinean labor union
official said.
Ivory Coast Ports Got 9,058 Tons of Cocoa From Interior Farms Last Week Cocoa deliveries to Ivory Coast’s
ports of Abidjan and San Pedro from farms in the interior
totaled 9,058 metric tons in the week to March 7, down 16
percent from a year earlier, according to an industry official
with access to the data.
Zambia Granted a $1 Billion Concessional Loan From China For Development Zambia’s government was granted a
$1 billion concessional loan by China for various development
projects, Commerce, Trade and Industry Minister Felix Mutati
said.
Kenya Pension Fund, Government to Sell Shares in National Bank This Year Kenya’s state pension fund and the
government will complete the sale of shares in National Bank of
Kenya Ltd. by December, Managing Director Reuben Marambii told
reporters today in Nairobi, the capital.
Arab League's Moussa Says Abbas Pulling Out of Indirect Talks, Ynet Says Arab League Secretary General Amre
Moussa said that Palestinian Authority President Mahmoud Abbas
would not take part in indirect peace talks with Israel at this
time in reaction to its approval of new building in East
Jerusalem, Ynet said, quoting statements Moussa made last night
in Cairo.
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