Kenya central bank raises benchmark lending rate to 11.50 pct 14:56 GMT

NAIROBI (Reuters) - Kenya's central bank raised its benchmark lending rate to 11.50 percent on Tuesday from 10.0 percent saying there were heightened risks to the inflation outlook after the shilling weakened.  Full Article

Kenya's Safaricom says new telecoms rules may deter investment 15:05 GMT 

NAIROBI (Reuters) - Regulations proposed for the Kenyan communications industry threaten to deter investment by targeting large firms, said a senior executive of Safaricom, the biggest telecoms operator in the east African nation.  Full Article  

South Africa's rand weakens to 3-week low against dollar 14:57 GMT 

JOHANNESBURG (Reuters) - South Africa's rand slipped over one percent to 12.5130 versus the greenback on Tuesday, its weakest in over three weeks as the dollar rose sharply, buoyed by a euro laid low by the worsening Greek crisis.  Full Article  

Symbol Last Net Change
GOLD CON1 JPY  4,540.00 JPY  -59.00
SILVER CON1 JPY  59.30 JPY  -2.20
PLATINUM CON1 JPY  4,064.00 JPY  -136.00
PALLADIUM CON1 JPY  2,635.00 JPY  -68.00
Symbol Last Net Change
BRENT CRUDE USD  55.44 USD  -1.10
GAS OIL APR1 USD  516.25 USD  -20.00
LIGHT CRUDE CON1 USD  50.96 USD  -1.57
Symbol Last Net Change
COFFEE C CON1 USC  122.20 USC  -1.10
COCOA CON1 USD  3,286.00 USD  -8.00
SUGAR 11 CON1 USC  12.22 USC  -0.26
UK £ USD =1.5417
Euro USD =1.0934
Rand USD =0.0800

Market Update

  • Africa
  • US
  • Europe
  • Asia