The South African National Treasury’s succession planning is sufficient to ensure the exit of key personnel doesn’t disrupt plans to return public finances to a sustainable path, its top civil servant said.
Nickel declined along with most metals as China’s power crisis spread from factories to residents, adding risks to supply chains, demand and the economic recovery.
The Nairobi Securities Exchange All-Share Index is set to halt a five-month winning streak in September after investors’ sentiments soured due to China Evergrande Group’s crisis, and a local rally driven by growth in corporate earnings motivated investors to take out gains.
Renaissance Insurance Group JSC, Russia’s largest online policy provider, published an intention to float shares in Moscow on Monday, seeking to raise as much as 21 billion rubles ($289 million) to expand its business.
A member of Turkey’s monetary policy decision-making body could not attend last week’s rate-setting meeting which unexpectedly cut rates because he tested positive for Covid-19, according to people with direct knowledge of the matter.
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