Features

JOHANNESBURG (Capital Markets in Africa) — South Africa’s indebted power utility Eskom Holdings SOC Ltd.plans to issue a 1 billion rand ($58 million) Sukuk bond as it tries to diversify funding sources to reduce borrowing costs. Eskom has appointed a lead arranger “to work towards establishing timelines for the issue,” spokesman Sikonathi Mantshantsha said in an emailed response to questions on Monday. The utility has about 450 billion rand in debt and no current plans…

LONDON (Capital Markets in Africa) – During the 20th century, many advancements occurred that you may not already know about. This has ranged from what the slots machines looked like in their initial appearance to the fact that they were not always games that could help you to win cash prizes.  Finding out how these fun and much-loved casino games at www.666casino.com started is a great way for us to learn just how far they…

LONDON (Capital Markets in Africa) – Playing at an online casino is a thrilling experience, and it’s an experience which has been made all the more accessible due to the rise of multi-platform optimisation. In addition, cryptocurrency has made way for more of us to play casino games safely, and nobody can argue cryptocurrency payments at an online casino at www.slotzo.com isn’t the most secure payment method. Throughout the history of slots and other casino…

LAGOS (Capital Markets in Africa) — Nigeria will not request a delay in debt-service payments this year from bilateral and commercial creditors, the largest economy yet to turn down a debt holiday offered to the world’s poorest nations. “Nigeria is not planning to ask for debt repayment deferment for our commercial loans or for our bilateral loans from our bilateral creditors,” Finance Minister Zainab Ahmed said in a call with investors organized by Citigroup. The…

NEW YORK (Capital Markets in Africa) — President Donald Trump said the U.S. could pursue a “complete decoupling from China” in response to unspecified conditions, his most forceful statement yet on the souring ties with Beijing. In a tweet Thursday, Trump refuted comments a day earlier by U.S. Trade Representative Robert Lighthizer, who said a full decoupling of the world’s two biggest economies was not “a reasonable policy option.” It was not Ambassador Lighthizer’s fault (yesterday…

NEW YORK (Capital Markets in Africa) — Former National Security Advisor John Bolton’s pending memoir is living up to its publisher’s hype as “the book President Donald Trump doesn’t want you to read.” Trump’s Justice Department is heading to court Friday in a last-ditch attempt to block the publication of “The Room Where It Happened: A White House Memoir,” due to be released June 23, even as excerpts that have already appeared in the media…