Tag: output

South Africa’s manufacturing output shrinks 4.1 percent y/y in April

South Africa's manufacturing output contracted by 4.1 percent year-on-year in April.

Drop in India, Kenya tea output brews price rises

The price of tea is likely to climb further this year after dry weather slashed production of the commodity.

Nigerian oil labour union suspends Exxon Mobil strike in Rivers state

Tife Owolabi, Alexis Akwagyiram & Anamesere Igboeroteonwu | YENAGOA A Nigerian labour union that had called for the shutdown of all Exxon Mobil Corp facilities in the Niger Delta has suspended its strike...

Libya’s oil production hits highest output since 2014 – NOC

Libya's oil production has risen above 760,000 barrels per day (bpd), its highest level since December 2014, the National Oil Corporation (NOC) said on Monday.

Zimbabwe mining threatened by foreign payment delays

Zimbabwe's mining output is under threat because banks are delaying processing foreign payments by up to three months due to a shortage of dollars, the southern African country's mining chamber warned on...

Kenya private sector activity slows down due to drought

The Markit Stanbic Bank Kenya Purchasing Managers' Index (PMI) dropped to 50.1, a record low since the survey began in January 2014.

Oil prices soar on global producers deal

Brent crude, the international benchmark for oil prices, soared to $57.89 per barrel in overnight trading between Sunday and Monday.

Oil minister says Congo Republic oil output to reach 300,000 bpd in 2018 – oil minister

Moho Nord, the second project issued on the Moho Bilondo offshore licence, is due to begin producing oil in March or April next year