Africa
Ghana central bank raises prime rate to 16 pct
ACCRA, May 22 - The Bank of Ghana's rate-setting committee raised its prime interest rate to 16 percent on Wednesday, from 15 percent, Central Bank Governor Henry Kofi Wampah said.
Recent Africa News
Impoverished Malawi sells presidential jet for $15 million
LILONGWE - Malawi's luxury presidential jet, bought by late leader Bingu wa Mutharika, has been sold for $15 million to raise cash for the impoverished African country, a government official said on Wednesday.
Impoverished Malawi sells presidential jet for $15 mln
LILONGWE, May 22 - Malawi's luxury presidential jet, bought by late leader Bingu wa Mutharika, has been sold for $15 million to raise cash for the impoverished African country, a government official said on Wednesday.
Wal-Mart's S.Africa unit Massmart cautions on soft sales growth
JOHANNESBURG, May 22 - South Africa's Massmart Holdings said on Wednesday it expects lacklustre sales growth this year, as the unit of Wal-Mart Stores Inc battles with weak consumer demand in Africa's top economy.
EU mission seeks to rebuild Mali army after U.S. faltered
KOULIKORO, Mali - Under a blazing sun and the critical gaze of British and Irish instructors, a line of 11 Malian soldiers lie prone in the dust firing AK-47 rounds at targets, one-by-one.
High-profile CEO of S.Africa's FirstRand retail bank to step down
JOHANNESBURG, May 22 - South African lender FirstRand said on Wednesday the high-profile head of its retail arm would step down at the end of this year to be replaced by one of his deputies.
What's next for South Sudan?
Reuters is chronicling the first year in the life of South Sudan - and assessing the odds of whether it will flourish or fail. Live Coverage | Slideshow


