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LATEST

Brazil’s 2026 Fiscal Deficit Forecast Worsens to US$11.3 Billion as the Central Bank Lines Up a US$1 Billion Dollar Auction●Vibra Energia’s Q2 Profit Soars 705% to US$451 Million●Cosan Quits Wall Street and Spins Off Its US$490 Million Farmland Arm●Argentina Growth Stuck Near 2%, Central Bank Chief Concedes●Lalithaa Jewellery Mart IPO kicks-off on 17 August: GMP hints 11% listing pop; check 10 key things to know●Ibovespa Slides for a 9th Straight Session as Citi Drops Brazil’s Real on a Likely Lula Win●S&P Upgrades Ecuador to ‘B’, Its First Rating Lift in Six Years●Bolivia Country Risk Falls to 407 Points, Below Argentina and Ecuador●Brazil’s 2026 Fiscal Deficit Forecast Worsens to US$11.3 Billion as the Central Bank Lines Up a US$1 Billion Dollar Auction●Vibra Energia’s Q2 Profit Soars 705% to US$451 Million●Cosan Quits Wall Street and Spins Off Its US$490 Million Farmland Arm●Argentina Growth Stuck Near 2%, Central Bank Chief Concedes●Lalithaa Jewellery Mart IPO kicks-off on 17 August: GMP hints 11% listing pop; check 10 key things to know●Ibovespa Slides for a 9th Straight Session as Citi Drops Brazil’s Real on a Likely Lula Win●S&P Upgrades Ecuador to ‘B’, Its First Rating Lift in Six Years●Bolivia Country Risk Falls to 407 Points, Below Argentina and Ecuador●

Emerging Markets

Absa Sells Two Kenyan Insurers to Mudavadi-Linked Investment Firm

The Rio Times · 1h ago · 🇧🇷 Brazil

Absa Sells Two Kenyan Insurers to Mudavadi-Linked Investment Firm

Kenya · FINANCE Key Facts —Seller and stake: Absa Group Limited is selling its entire 63.32% shareholding in First Assurance Company Limited and Absa Life Assurance Kenya Limited. —Buyer: First Assurance Investments Limited, an existing shareholder linked to Prime Cabinet Secretary Musalia Mudavadi, will become 100% owner of both insurers. —Estimated price: Kenyan business outlets […] The post Absa Sells Two Kenyan Insurers to Mudavadi-Linked Investment Firm appeared first on The Rio Times .

Read the full story at The Rio Times →

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Brazil’s 2026 Fiscal Deficit Forecast Worsens to US$11.3 Billion as the Central Bank Lines Up a US$1 Billion Dollar Auction

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