FTSE 100 retreats from two-week high on slowdown worries - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

FILE PHOTO: A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London, BritainFILE PHOTO: A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London, Britain

The UK economy struggles from the risks of recession and soaring inflation, which is nearing a double-digit territory, while the Bank of England is expected to raise interest rates again in August. The index has dropped 1.3% so far this year, but outperformed its global peers due to a large presence of resource-focused companies, which have benefited from a surge in energy and commodity prices.

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Kenya is Africa's top exporter of avocados, surpassing South Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.In Central Kenya, where the majority of the country's small-scale avocado farmers are found, coffee bushes are fast being replaced by avocado trees amid global demand and higher earnings. Ngoba siholwa amadidi... From Kenya to the world Kenya has no natural resources like oil and minerals, but we are heading to the top
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