Oil Settles Higher After Trump Rejects Iran Hormuz Offer
Oil settled higher Monday after Trump rejected an Iran Hormuz offer: Brent rose 0.9% to US$105.28, WTI 0.2% to US$92.60....
September 29, 2026Section
Markets
Financial markets, economic analysis, and cryptocurrency coverage
Iron Ore Slips to Five-Week Low as China Steel Cuts Weigh on Vale
Iron ore hit a five-week low in Dalian on Monday as China's steel output fell 3.7% in August. Vale slipped...
September 29, 2026
Nigeria Oil Firm Eyes 100,000 Barrels a Day With Qatari Islamic Financing
A Nigerian oil producer says US$500 million in Islamic financing from Qatar will help lift an onshore block above 100,000...
September 29, 2026
Zambia Tells Copper Miners to Buy Local While Courting UAE Investors
Zambia's president told the Abu Dhabi owner of Mopani copper mine that miners must buy local. The law reserves all...
September 29, 2026
Nigeria Court Orders Regulator to Keep Licensing Fuel Importers
A Nigerian court says the fuel regulator broke the law by stalling import licences, as Dangote's giant refinery pushes to...
September 29, 2026
South Africa’s Gold Fields Rebuffed in US$27 Billion Australian Gold Bid
The Gold Fields bid for Australia's Northern Star, worth US$27 billion, was rejected as opportunistic on 28 September; Gold Fields...
September 29, 2026
South Africa Faces US$51 Million Bill to Repair Its Embassies Abroad
South Africa's embassies need about US$51 million in repairs, a foreign ministry reply shows, with London's Trafalgar Square landmark among...
September 29, 2026
Ghana’s Accra Airport Picks Up Two More Passenger Service Honours
Accra's main airport, renamed from Kotoka in February, won two honours from Africa's airport body in Abuja, weeks after two...
September 29, 2026
Tanzania Closes Two Kilimanjaro Climbing Routes as Wildfire Spreads
Tanzania has shut two of the six climbing routes on Mount Kilimanjaro as a wildfire spreads, the second blaze on...
September 29, 2026