Analysis: Indices

South Africa's Q2 farm exports to the US surge, but tariffs dampen prospects

South Africa's produce exports to the United States rose 26% in the second quarter following strong harvests, Agriculture Minister John Steenhuisen said on Monday, but a 30% tariff imposed by...

Ivory Coast cocoa grind down 31.2% year-on-year in July, exporters association says

ABIDJAN -Ivory Coast's cocoa grind dropped 31.2% year-on-year in July to 39,301 metric tons, data from exporters' association GEPEX showed on Monday, with grinders citing poor bean quality and low...

China's July refined oil yearly exports up 7.1%, hit 13-month high

China's exports of refined oil products in July rose 7.1% from last year, according to customs data, maintaining the strong momentum from last month and recording the highest monthly total since June...

Absa CEO targets retail growth in South Africa and scale on the continent

JOHANNESBURG -The CEO of South Africa's Absa Group says he will focus on modernising and building its retail banking business, promising stability after becoming the lender's sixth new head since...

MTN South Africa CEO Molapisi to switch roles to technology officer

JOHANNESBURG -Africa's biggest mobile operator MTN Group said on Monday that Ferdi Moolman, the current Group Chief Risk Officer, will succeed Charles Molapisi as CEO and Executive Director of MTN...

South Africa's MTN faces new US investigation into Afghanistan conduct

JOHANNESBURG -South African mobile network operator MTN Group is facing an investigation by a U.S. Department of Justice grand jury into its conduct and that of its former subsidiary in Afghanistan...

China July aluminium imports surge 38% from prior year

BEIJING -China's imports of unwrought aluminium and products in July surged 38.2% from the prior year, customs data showed on Monday. The world's top consumer of the light metal...

Rupee ends higher alongside local equities; premiums, volatility flat

The Indian rupee rose on Monday, boosted by the rally in local equities on Prime Minister Narendra Modi's planned tax cuts, while forward premiums and volatility expectations barely budged following...

Global markets face shaky week ahead as US pressure mounts on Ukraine

LONDON -Defence stocks and energy markets are likely to be in focus this week, as European leaders rushed to back Ukraine in talks with U.S. President Donald Trump that may pressure Kyiv to accept a...

Transit-tech firm Via reveals revenue gains in US IPO filing

Via Transportation's revenue rose 27% in the first half of 2025, the transit-tech firm disclosed on Friday in its U.S. initial public offering paperwork, as it advances plans for a long-sought New...

Exclusive-US mulled use of Russia icebreakers for gas development ahead of summit-sources

LONDON -The United States has had internal discussions on using Russian nuclear-powered icebreaker vessels to support the development of gas and LNG projects in Alaska as one of the possible deals to...

Isuzu plans South Africa as hub for African truck production

GQEBERHA South Africa -The South African arm of Japanese automaker Isuzu Motors aims to be the manufacturing hub of commercial trucks for the African market, helping it increase volumes and locally...

Brazil in talks with Canada to revive Mercosur trade deal

BRASILIA/MONTEVIDEO -Brazil is engaged in a constructive dialogue with Canada to resume negotiations for a free trade agreement between South America's Mercosur bloc and Ottawa, the Brazilian Foreign...

British Gas owner Centrica enters natural gas deal with US-based Devon Energy

British Gas owner Centrica said on Friday it has entered into a natural gas agreement with Devon Energy, in which the U.S.-based firm will supply an equivalent to five LNG cargoes per year over a...

Ukraine's Kyivstar lists in New York as peace talks unfold in Alaska

Kyivstar shares dropped over 9% on Friday after the mobile operator became the first Ukrainian company to list in the United States, just hours before a summit between U.S. and Russian leaders to...

South Africa nears decision on steel tariffs amid import influx

GQEBERHA, South Africa -South Africa's government will release the preliminary findings of its review of steel tariffs next week, moving a step closer to protecting the local industry from increased...

China's fossil-fuelled power rises to 11-month high in July

BEIJING -China's fossil-fuelled power generation, mostly from coal, rose in July to the highest level since August 2024, official data showed on Friday, as record-breaking heat pushed power demand to...

Oil settled nearly $1 lower as Trump-Putin talks loom

HOUSTON -Oil prices closed down nearly $1 on Friday as traders awaited talks between U.S. President Donald Trump and Russian leader Vladimir Putin, which could lead to an easing of the sanctions...

Russian aluminium giant Rusal swings to first-half loss as expenses surge

Rusal reported a first-half net loss on Friday, as rising costs, higher interest expenses and foreign exchange fluctuations weighed on the Russian aluminium producer's earnings. The...