🎙The telecoms in Uganda planned to raise UGX800 billion in an initial public offering, which would value the telecom at $1 billion (UGX4 trillion).
🎙Malawi's central bank has issued a notice to authorized dealer banks, informing them of a 30% reduction in the local kwacha currency's exchange rate against the dollar.
🎙Mining production in South Africa shrank by 1.9% from a year ago in September 2023, after a downwardly revised 2% drop in the prior month and compared with market forecasts of a 2% fall.
🎙Global air cargo demand in September grew by 1.9%, with the Asia-Pacific leading at 7.7%, while North America declined by 2.2%.
