BUSA Concerned About Economic Impact of COSATU Strike
Business Unity South Africa (Busa) has raised concerns over the economic impact of the Congress of South African Trade Unions (Cosatu) nationwide strike scheduled for...
Category : BUSINESS
Heirs Insurance Group’s Revenue Surges 80% in 2023
Heirs Insurance Group (HIG), comprising Heirs Life Assurance (HLA) Heirs General Insurance (HGI) and Heirs Insurance Brokers (HIB), has announced its financial results for the...
Prime Energy’s Green Bond to Boost Rwanda’s Renewable Energy Sources
Prime Energy, a renewable energy power producer in Rwanda, has called on investors to invest in the country’s first ever green bond that will be...
Rwanda Emerges as Top Global Performer in Inaugural World Bank B-READY Report
Rwanda has once again demonstrated its commitment to business excellence, achieving impressive results in the newly launched World Bank Business Ready (B-READY) Report unveiled today,...
Bank of Kigali Unveils Comprehensive Financial Product to Empower Women in Business
Kigali, Rwanda In a groundbreaking move aimed at promoting gender equality and boosting women entrepreneurship, the Bank of Kigali has launched a specialized financial product...
Angola Oil & Gas 2024: Opening Remarks Highlight Future Energy Opportunities Amid Global Shifts
Luanda, Angola The Angola Oil & Gas 2024 conference kicked off with high expectations, with opening remarks emphasizing the country’s strategic role in the future...
South African Rand Seesaws Against Buoyant Dollar Amid Global Market Volatility
Johannesburg, South Africa The South African rand continues to experience fluctuations against the strengthening US dollar, reflecting the ongoing volatility in global financial markets. The...
Oil Prices Steady Amid Middle East Tensions
Oil prices remained stable on October 1, as market forces balanced between concerns over escalating tensions in the Middle East and global supply prospects. While...
Zimbabwe: Market Rejects ZWG As Central Bank Governor Defends Devaluation of New Currency
In a dramatic turn of events, Zimbabwe’s financial markets have rejected the Zimbabwean Gold-backed Dollar (ZWG) just months after its introduction. The ZWG, which was...
Meet Daniel Kiptoo: Key Insights into Kenya’s Energy Regulator and His Impact on the Sector
Little-known Energy and power regulations Authority Director General, Daniel kiptoo bargoria, is the man on the hot seat in the wake of unprecedent fuel prices. ...
German Economy Stuck in Stagnation as Key Indicators Show No Signs of Recovery, ING Warns
The German economy remains mired in stagnation, with little sign of an imminent recovery. According to ING’s latest analysis, Germany’s Ifo Business Climate Index, a...
Mounting Challenges: South Sudan Faces New Hurdles in Oil Transport through Sudan Amid Political Instability and Conflict
South Sudan, one of the world’s youngest nations, has been grappling with mounting obstacles in transporting its oil through neighboring Sudan, a crucial lifeline for...
Global stocks are mixed as Wall Street’s rate cut-fueled rally fades
HONG KONG (AP) European markets traded lower on Friday after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest...
Painful Budget Warning Spooks Public Confidence Amid Economic Uncertainty
As governments across the world navigate economic turbulence, a sharp budget warning has triggered concerns, causing a wave of anxiety among the public. Officials have...
America Through the Looking Glass: The Crypto Bros Crowdfunding a New Country
In an ambitious and often controversial movement, a group of cryptocurrency enthusiasts commonly referred to as crypto bros is seeking to establish a new, decentralized...
Bank of England Expected to Maintain Interest Rates at 5% Amid Economic Uncertainty
In a crucial decision for the UK economy, the Bank of England is widely anticipated to keep interest rates steady at 5% in its upcoming...
Hong Kong’s Property Market Poised for Gradual Recovery as Rate Cuts Boost Confidence and Demand
Hong Kong’s downtrodden property market is expected to enjoy a revival in sentiment after the first cut in borrowing costs in nearly five years. It may...
Facebook’s Parent Company Meta Bans Russian State Media Networks
In a significant move aimed at curbing the influence of disinformation, Facebook’s parent company, Meta, has announced the removal of Russian state media networks from...
Google Scores Rare Legal Victory as €1.49bn Antitrust Fine is Overturned
In a rare legal victory for Google, the tech giant has successfully overturned a €1.49 billion fine imposed by the European Union over antitrust charges....
Kenyan Shilling Holds Firm Against US Dollar Amid Stable Foreign Reserves
The Kenyan shilling has remained stable against the US dollar, providing much-needed confidence to businesses and consumers amid global currency fluctuations. As of mid-September 2024,...