Reuters: Ghana News

WAfrica Crude-Angolan July programme slimmer

Wed, 16 May 2012 17:30:59 +0000

LONDON, May 16 (Reuters) - The July loading programme of Angolan crude showed a fall in exports from June, likely to support differentials once dealing kicks off, traders said on Wednesday. The loading schedule showed Angola would export about 1.56 million barrels of crude oil per day (bpd) in July, excluding Palanca and Gimboa. It listed 51 cargoes. "It is a small programme. I am not sure if Gimboa or Palanca are available," a trader of physical West African crude said. "Also loo

Ghana's cedi flat as market starved of liquidity

Wed, 16 May 2012 16:40:47 +0000

ACCRA, May 16 (Reuters) - Ghana's cedi remained flat against the dollar on Wednesday as a lack of dollar- s ellers brought activity in the interbank market to a near standstill, traders said.

Soccer-Danish league to test goal line technology

Wed, 16 May 2012 11:52:55 +0000

BERNE, May 16 (Reuters) - Two Danish league matches will be used this month to test GoalRef, one of two goal line technology systems being evaluated by FIFA, soccer's governing body said on Wednesday.

African Markets - Factors to watch on May 16

Wed, 16 May 2012 05:52:04 +0000

NAIROBI, May 16 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. - - - - - EVENTS: KENYA-The central bank offers 2 billion shillings of 182-day Treasury bills at auction. UGANDA-The central bank offers 120 billion shillings of Treasury bills at auction. TANZANIA-The central bank offers 30 billion shillings of 9.18 percent 5-year Treasury bonds at auction. GL

Soccer-African Champions League fixtures

Tue, 15 May 2012 18:45:10 +0000

CAIRO, May 15 (Reuters) - African Champions League fixtures after the draw for the group stages was made in Cairo on Tuesday: Group A: July 6-8 In Chlef: ASO Chlef (Algeria) v Etoile Sahel (Tunisia) In Ijebu Ode: Shooting Stars (Nigeria) v Esperance (Tunisia) July 20-22 In Sousse: Etoile Sahel v Shooting Stars In Tunis: Esperance v ASO Chlef August 3-5 In Ijebu Ode: Shooting Stars v ASO Chlef In Tunis: Esperance v Etoile Sahel August 17-19

WAfrica Crude-June Nigerian cargoes clear

Tue, 15 May 2012 17:04:45 +0000

LONDON, May 15 (Reuters) - June loading cargoes of Nigerian crude started clearing promptly in last minute demand ahead of the release of the July loading programme, traders said on Tuesday. "June programmes are clearing better than was the case for May," a trader said. Traders said about 10-15 of about 70 June loading Nigerian cargoes were left unsold. NIGERIA * Traders said CNOOC has closed a mini-tender to sell Akpo June 26-27 loading. * ChinaOil bought two carg

Soccer-African Champions League draw

Tue, 15 May 2012 15:18:27 +0000

CAIRO, May 15 (Reuters) - Draw for the African Champions League group phase made on Tuesday: Group A: ASO Chlef (Algeria), Sunshine Stars (Nigeria), Esperance (Tunisia, holders), Etoile Sahel (Tunisia) Group B: TP Mazembe Englebert (Democratic Republic of Congo), Al Ahli (Egypt), Zamalek, (Egypt), Berekum Chelsea (Ghana) The group phase begins on the weekend of July 6-8. The top two finishers in each group advance to October's semi-finals. (Compiled by Mark Gleeson in C

African Markets - Factors to watch on May 15

Tue, 15 May 2012 05:09:35 +0000

NAIROBI, May 15 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. - - - - - EVENTS: TANZANIA-Expecting April inflation data, year-on-year rate fell for third straight month in March to 19 percent. RWANDA-Expecting April inflation data, urban year-on-year rate rose to 8.18 percent in March. ZIMBABWE-Expecting April inflation data, rate slow

Ghana cedi depreciates vs dollar after brief gain

Mon, 14 May 2012 18:23:20 +0000

ACCRA, May 14 (Reuters) - The Ghana cedi currency fell against the dollar on Monday on strong demand for the greenback by importers, a trader said on Monday.

WAfrica Crude-Qua/Bonny price spread widens

Mon, 14 May 2012 18:13:48 +0000

LONDON, May 14 (Reuters) - The price premium for Nigerian Qua Iboe crude oil widened on Monday over Bonny Light, which remained under a force majeure declared earlier in May. Traders said the Qua Iboe price has risen partly because of demand for it as an alternative to Bonny Light since the force majeure, while actual dealing remained very thin. Historically, gasoline-rich Qua Iboe and Bonny Light have traded at the same or very similar spot differentials to the dated Brent benchmark.