Brazil’s Jobless Rate Hits a Record Low While the Selic Falls
Brazil unemployment fell to 5.4% in Q2, the lowest on record for the quarter, with the Selic at 14% and...
August 15, 2026Section
World
Agusto & Co Withdraws Geregu Power Rating After US$29 Million Bond Default
Agusto & Co withdrew its rating after the Geregu Power bond default, Nigeria's first major corporate bond default in seven...
August 15, 2026
Somdia Sells SOSUCAM Stake to Cameroonian Consortium With US$243 Million Plan
Somdia is selling its 82% SOSUCAM stake to a Cameroonian consortium backing a US$243 million plan to modernise Cameroon's main...
August 15, 2026
Constitutional Court Blocks Shell’s Wild Coast Offshore Exploration Plan
South Africa’s Constitutional Court blocked Shell Wild Coast exploration on 14 August 2026, overturning an appeal-court lifeline for the offshore...
August 15, 2026
Global Economy Briefing — August 15, 2026
Global economy: Global stocks steady as cooler US inflation trims Fed hike odds, dollar softens and Brazil’s high-yield story stays...
August 15, 2026
China Pledges US$28 Million Grant to Nigeria as Ties Deepen
China has pledged a US$28 million grant to Nigeria for development projects, deepening diplomatic and financial ties between Beijing and...
August 15, 2026
Zambia Suspends Vote Count After Violence Hits Presidential Election
Zambia suspends vote count after violence against poll staff and ballot theft; the ECZ later resumed the count under heightened...
August 15, 2026
Absa Sells Two Kenyan Insurers to Mudavadi-Linked Investment Firm
Absa Group is selling its 63.32% stakes in two Kenyan insurers to First Assurance Investments, a Mudavadi-linked firm, for at...
August 15, 2026
Kenya Treasury Projects Wider US$8.9 Billion Budget Deficit
Kenya's budget deficit is set to widen to about US$8.9 billion (KSh1.15 trillion) in 2026/27, as weak revenue and heavy...
August 15, 2026