South Africa’s unemployment rate rises amid power crisis
By Kopano Gumbi PRETORIA (Reuters) – South Africa’s unemployment rate rose in the first quarter after declining for four consecutive…
Africa
Investors lift equity allocations to 5-month high – BofA survey
LONDON (Reuters) – Investors lifted equity allocations to a 5-month high but cash levels also increased to 5.6%, even as…
Fair access to proper housing can boost economic growth – report
By Marine Strauss BRUSSELS (Reuters) – Providing equitable access to appropriate housing in slums and other informal settlements could massively…
African Devt Bank proposes ‘fast track’ compensation for Zimbabwe white ex-farmers
By Nyasha Chingono HARARE (Reuters) – The African Development Bank (AFDB) has developed financial instruments to “fast track and front…
Nigeria inflation quickens in April as food prices surge
By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s annual inflation rose to 22.22% in April from 22.04% the previous month, as…
China’s rising clout spotlighted at finance chief meetings before G7 summit
By Tetsushi Kajimoto TOKYO (Reuters) – The weekend gathering of finance chiefs from the Group of Seven (G7) advanced economies…
Khartoum under bombardment as Sudan’s rivals talk
KHARTOUM (Reuters) -Shelling and air strikes pounded parts of Sudan’s capital on Sunday with little sign that warring military factions…
Russia acknowledges retreat north of Bakhmut, Wagner boss calls it a ‘rout’
By Olena Harmash and Ivan Lyubysh-Kirdey KYIV/KOSTIANTYNIVKA, Ukraine (Reuters) -Moscow acknowledged on Friday that its forces had fallen back north…
A week after Congo floods, volunteers dig through debris for bodies
By Crispin Kyala BUSHUSHU, Democratic Republic of Congo (Reuters) – With shovels, sticks and bare hands, Red Cross volunteers struggled…
Kenya unearths more bodies in search for death cult followers
SHAKAHOLA FOREST, Kenya (Reuters) -Kenyan investigators unearthed 29 more bodies on Friday in a continuing search for victims of a…