Treasury |

South African Treasury Boss Says He Has Requested Early Exit

JOHANNESBURG (Capital Markets in Africa) – The head of South Africa’s Treasury, Lungisa Fuzile, said on Wednesday he has asked to leave government in May, one year before his contract expires, but that his departure was unlikely to trigger an exodus of other top officials. He has discussed his departure with Finance Minister Malusi Gigaba and may delay his exit if necessary to ensure a smooth transition and preserve the institutional integrity of the Treasury, Fuzile, who is the…

Kenya Treasury Secretary to Meet Prospective Eurobond Buyers

Posted on by The Editorial Team

NAIROBI, Capital Market in Africa: Kenyan Treasury Secretary Henry Rotich said he’s likely to meet potential investors in the East African nation’s next Eurobond while visiting the U.S. next month. The government has also factored a possible U.S. Federal Reserve interest-rate hike later this year into its plans for selling more debt offshore, he said in an interview Tuesday in the capital, Nairobi. Rotich will be attending the International Monetary Fund annual meetings in Washington scheduled to take place…