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South Africa's food inflation ticked up modestly in August after months of decline, but intensifying fuel price pressures and potential El Niño drought risks threaten to squeeze household budgets further.
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As spoke at the UN, Israeli Prime Minister Benjamin Netanyahu downplayed settler violence in the occupied West Bank.
The dollar hit a fresh two-month high against key currencies on Thursday as Treasury yields rose and expectations of further Federal Reserve interest rate hikes strengthened after hawkish remarks from several central bank officials and solid economic data.
The announcement was made during the Ecobank@40 Media Conference in Lomé, as the pan-African banking group marked the conclusion of its 40th anniversary year.
