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Rate cut to save Telecom Egypt 20% on financing costs -official 08:26 GMT

CAIRO (Reuters) - Telecom Egypt will save 20% on financing costs after the Central Bank of Egypt cut interest rates, a company official has said.  Full Article

 
Tanzania central bank threatens hefty fines for lenders over data compliance 09:36 GMT 

DAR ES SALAAM (Reuters) - Tanzania's central bank has given banks and financial institutions three months to establish data centres in the East African nation, saying it will impose hefty fines on lenders that fail to comply.  Full Article  

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China Molybendum's Congo mine blames mining tax, low metal prices for loss Friday, 23 Aug 2019 

GOMA (Reuters) - One of the biggest copper and cobalt mines in Democratic Republic of Congo (DRC), China Molybdenum-owned Tenke Fungurume, has told employees it had missed production targets and is operating at a loss.  Full Article  

 
Symbol Last Net Change
GOLD CON1 JPY  5,174.00 JPY  56.00
SILVER CON1 JPY  59.00 JPY  0.00
PLATINUM CON1 JPY  2,908.00 JPY  -33.00
PALLADIUM CON1 JPY  4,950.00 JPY  0.00
Symbol Last Net Change
ICE Brent Crude c1 USD  59.34 USD  0.00
GAS OIL APR8 USD  556.00 USD  0.00
LIGHT CRUDE CON1 USD  53.97 USD  -1.38
NATURAL GAS CON1 USD  2.16 USD  -0.00
Symbol Last Net Change
COFFEE C CON1 USC  92.00 USC  -1.50
COCOA CON1 USD  2,217.00 USD  17.00
SUGAR 11 CON1 USC  11.47 USC  -0.11
UK £ USD =1.2277
Euro USD =1.1144
Rand USD =0.0655
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