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Cautious Optimism as Moody Upgrades Italy’s Credit Outlook to Stable

Italian authorities received Moody's recent evaluation positively, maintaining the country's credit ratings at Baa3 while upgrading the outlook from negative to stable. Economy Minister Giancarlo...

Brazilian Market Raises Inflation Forecast to 5.82%

Brazilian financial analysts raised their inflation forecast for the end of this year from 5.63 to 5.82 percent, the third straight weekly uptick, keeping...

Emergency Plan to Rescue PetroSA After R383,2 Million Loss

JOHANNESBURG - Turning around South Africa’s State run oil firm, PetroSA has emerged as the first priority of Central Energy Fund (CEF), the company that runs...

South Africa’s Economy Bounce Back

South Africa's economy bounced back to the size it was before the coronavirus pandemic struck following some moderations in the previous month, the latest...

Zimbabwe Appoints Technical Committee for POSB Privatisation

HARARE - The Government of Zimbabwe has accelerated a plan to relinquish part of its shareholding in the wholly owned mass market banking giant, POSB...