Gulf Oil and Gas accountACCOUNT

Africa Oil Economy - September 2016

Source: OPEC 10/4/2016, Location: Africa

Inflation in Egypt posted 14.8% y-o-y in July while the central bank policy rate remained at 11.75% from June to August. Deceleration in the country’s non-oil private sector deepened further the previous month, as suggested by the PMI, which fell to 47.0 from July’s 48.9 due to shortages of material, cost increases and a sharp decline in employment.

In South Africa, the rand appreciated by 4.7% m-o-m in August, following a 4.3% appreciation one month earlier. It has appreciated by more than 17% since the beginning of the year. Inflation posted a 6.5% y-o-y increase in July, while the unemployment rate in 2Q16 was at 26.6%, little changed from the previous quarter’s 26.7%.

Economics/Financial Analysis News in Egypt >>

Egypt >>  2/12/2019 - The Egyptian Natural Gas Holding Company (EGAS) has awarded one new licence to DEA in its 2018 Bid Round. The East Damanhour exploration block (origin...
Egypt >>  2/11/2019 - BP announced first gas production from the second stage of its West Nile Delta development offshore Egypt. ...

Nigeria >>  1/7/2019 - Penspen, a leading global provider of engineering and project management services to the energy industry, is pleased to announce that it has been awar...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.