Tunisian Annual Inflation Rose to 3 Years High in December 2017

Tunisia’s annual inflation rate rose to 6.4 percent in December, it’s the highest rate since July 2014, from 6.3 percent in November, official data showed on Monday. Source Reuters Read MoreAngola will hold a foreign exchange auction on Tuesday, the first since the central bank announced it would shift from a currency peg to a trading band, two banking sources said on Monday. Source Reuters South Africa’s net foreign reserves rose to $42.927 billion in December from $42.689 billion in November, the Reserve Bank said on Monday. Source Reuters Libya earned $14 billion in oil revenues in 2017, nearly three times more than in the previous year, allowing it to halve its budget deficit, the central bank said, amid a partial recovery in oil output despite continued political and economic turmoil. Source Reuters China’s Richest Woman Made $2 Billion in Just Four Days - A share surge at Country Garden Holdings Co., China’s largest developer by sales, has sent Vice Chairman Yang Huiyan’s wealth up by $2.1 billion -- and that’s just in the first four trading days of the year. Source Bloomberg--- Support this podcast: https://anchor.fm/africanperspective/support