Financial Kenyan shilling steady, remittances match importer dollar demand NAIROBI: The Kenyan shilling was stable against the dollar on Friday and was expected to trade in a narrow range due to Published 19 Oct, 2018 11:12am
Financial Uganda shilling unchanged; dollar demand slow KAMPALA: The Uganda shilling was stable on Friday in quiet trade, with traders looking to square positions as they prepa Published 19 Oct, 2018 10:49am
Financial AFRICA-FX-Kenyan and Tanzanian shillings to hold steady, Ghana's cedi to strengthen NAIROBI: The Kenyan and Tanzanian shillings are expected to hold steady in the next week to Thursday, while Ghana's cedi Published 18 Oct, 2018 02:48pm
Financial South Africa's rand retreats due to hawkish Fed, mining data ahead JOHANNESBURG: South Africa's rand retreated early on Thursday after minutes from the US Federal Reserve's September meet Published 18 Oct, 2018 12:07pm
Financial Kenyan shilling slightly firmer on remmittances, thin dollar demand NAIROBI: The Kenyan shilling was slightly firmer against the dollar on Thursday, helped by inflows from remittances and Published 18 Oct, 2018 11:14am
Financial South Africa's rand firmer on risk sentiment rally, stocks falter JOHANNESBURG: South Africa's rand firmed on Wednesday as a jump in domestic retail sales and a global return of risk Published 17 Oct, 2018 10:45pm
Financial Ugandan shilling unchanged, commodity flows offer support KAMPALA: The Ugandan shilling was stable on Wednesday, helped by some inflows from commodity exporters and weak demand f Published 17 Oct, 2018 11:32am
Middle East Africa Forex Kenyan shilling stable against dollar amid thin demand NAIROBI: The Kenyan shilling was stable on Wednesday due to thin importer demand and some banks cutting long dollar posi Published 17 Oct, 2018 11:28am
Financial South Africa's rand firms as investors chase riskier assets, stocks up JOHANNESBURG: South Africa's rand firmed against a softer dollar on Tuesday, its strongest since the start of the mo Published 16 Oct, 2018 09:21pm
Financial South African rand rallies on Moody's, stocks track Asia lower JOHANNESBURG: A decision by Moody's to delay its review on South Africa's sovereign debt buoyed the rand to its stro Published 15 Oct, 2018 07:59pm
Financial Uganda shilling a notch firmer ahead of mid-month payments KAMPALA: The Ugandan shilling was a notch stronger on Monday due to subdued demand for dollars, as firms reserved some o Published 15 Oct, 2018 11:12am
Financial South African rand firms, stocks dip 2 percent tracking Asia JOHANNESBURG: South Africa's rand firmed against the dollar on Monday while stocks fell, tracking weaker Asian stocks am Published 15 Oct, 2018 11:11am
Financial Saudi riyal at weakest since June 2017 in spot market DUBAI: Saudi Arabia's riyal was quoted at 3.7514 to the U.S. dollar in the spot market early on Monday, its weakest rate Published 15 Oct, 2018 06:42am
Financial Ugandan shilling stable amid inflows, sag in demand KAMPALA: The Ugandan shilling traded stable on Friday, helped by inflows from exporters of commodities like coffee, and Published 12 Oct, 2018 12:57pm
Middle East Africa Forex Tunisia gets 76mn euro from African Development Bank TUNIS: The board of the African Development Bank (AfDB) has approved a loan worth 75 million euros and a donation of one Published 12 Oct, 2018 12:37pm
Financial S. Africa rand buoyed by US inflation miss, stocks fall to 15-month low JOHANNESBURG: South Africa's currency firmed on Thursday, trading back at a one-week best as weak inflation numbers Published 11 Oct, 2018 08:26pm
Financial WEEKAHEAD-AFRICA-FX-Zambia, Uganda currencies seen falling, Ghana's firm LUSAKA: The Zambian and Ugandan currencies are expected to come under pressure in the coming week while that of Ghana is Published 11 Oct, 2018 01:56pm
Financial South African rand gains ground against softer dollar JOHANNESBURG: The South African rand firmed against the dollar on Thursday after the greenback was jolted by the worst f Published 11 Oct, 2018 12:25pm
Financial Kenyan shilling stable amid excess liquidity in money markets NAIROBI: The Kenyan shilling was stable against the dollar on Thursday supported by diaspora remittances but was seen un Published 11 Oct, 2018 10:44am
Financial South Africa's rand weakens, stocks hit three-month low JOHANNESBURG: South Africa's rand weakened on Wednesday, giving back gains it made following Tito Mboweni's appointm Published 10 Oct, 2018 08:04pm
Financial South African rand steady in early trade JOHANNESBURG: The South African rand was steady early on Wednesday, after strengthening the previous day on news that Pr Published 10 Oct, 2018 11:32am
Financial South Africa's rand, banking stocks rally as Mboweni named finance minister JOHANNESBURG: South Africa's rand climbed to a session best on Tuesday after President Cyril Ramaphosa appointed for Published 09 Oct, 2018 07:46pm
Middle East Africa Forex Kenyan shilling trading in narrow range against dollar NAIROBI: The Kenyan shilling was stable and expected to trade in a narrow range against the dollar on Tuesday due to inf Published 09 Oct, 2018 09:17am
Financial South Africa's rand slides over fin min crisis, stocks hit 6-month lows JOHANNESBURG: South Africa's rand weakened more than one percent on Monday over a newspaper report that Finance Mini Published 08 Oct, 2018 08:37pm
Financial Kenyan shilling stable against the dollar NAIROBI: The Kenyan shilling was stable against the dollar on Monday with inflows from horticulture exports matching lig Published 08 Oct, 2018 09:14am
Financial South Africa's rand firms as dollar rally pauses, stocks down JOHANNESBURG: South Africa's rand firmed against the dollar early on Friday as the dollar's rally paused, with investors Published 05 Oct, 2018 01:28pm
Financial Uganda shilling little-changed, seen stable as banks trim positions KAMPALA: The Ugandan shilling was little-changed on Friday but was expected to remain broadly stable as some banks trim Published 05 Oct, 2018 12:09pm
Financial South Africa's rand on the ropes, stocks weaker JOHANNESBURG: South African assets weakened on Thursday as a rally in U.S. bond yields overshadowed President Cyril Published 04 Oct, 2018 08:33pm
Financial AFRICA-FX-Ghana's cedi to hold ground while Zambia's Kwacha could strengthen ACCRA: Ghana's cedi and Zambia's kwacha are seen holding their ground or moving toward the stronger side over the next w Published 04 Oct, 2018 03:14pm
Middle East Africa Forex Ugandan shilling stronger, draws support from central bank rate decision KAMPALA: The Ugandan shilling strengthened on Thursday, underpinned by higher confidence in the local currency after the Published 04 Oct, 2018 01:21pm