Half-year EBIT grew 31.9% but expected to ease Net income fell 17.7% y/y due to birr depreciation Ethiopia operation will take another year to break even CEO says remains confident on Ethiopia success ...

Ambev shares have been an incredibly weak performer in recent years. Currency depreciation has hurt dollar returns and the company's margins, with the latter exacerbated by recent cost inflation and ...

Beyond the psychological hurdle of 90, the real cost of a weakening rupee is the silent erosion of global purchasing power.

On Tuesday, Nigeria’s central bank announced a supersized 400-basis-point rate hike in the fight against inflation and its depreciating currency. Hard to say if this move will stop the naira’s ...