The United States dollar fell on Wednesday, August 13, 2025, as new economic data pushed more investors to believe that the U.S. Federal Reserve will cut interest rates in September. …
Business and Economy
-
Business and EconomyCurrencyGlobal NewsInflationMarketsPoliciesTrade
-
Business and EconomyChina-Africa RelationsCorporate StrategyEconomyEgyptForeign AffairsIndustrial DevelopmentInfrastructureINVESTMENTManufacturing
Egypt, China’s Sailun Group Sign $1 Billion Deal for Tire Factory in Suez Canal Economic Zone
Egypt has entered into a major $1 billion agreement with China’s Sailun Group to build a large automotive tire manufacturing plant in the Suez Canal Economic Zone. The deal, announced …
-
Business and EconomyClimateDisaster PreparednessInfrastructureInsurance & Risk ManagementPublic PolicySecuritySouth Africa
SA Insurers Tackle Crime, Climate Risks
South Africa’s property insurance sector is facing fresh challenges as crime rates rise and climate-related disasters become more frequent, forcing companies to change how they assess and price coverage. Industry …
-
Eris Properties Malawi, a property development and services company, has advised Malawians — both at home and abroad — to see real estate as a long-term investment that can create …
-
Business and EconomyCommoditiesFinanceGhanaINVESTMENTStock MarketTelecommunications
Ghana Stock Exchange Soars Past GH¢150bn Mark
The Ghana Stock Exchange (GSE) has recorded a historic breakthrough, surpassing GH¢150 billion in total market capitalization for the first time in 2025. The milestone came after a strong five-day …
-
Business and EconomyEnergyEnvironmentInternational TradeMining
Zambia Taps Strategic Minerals to Ride 2040 Global Demand Boom
Zambia is positioning itself as a major player in the global race for energy transition minerals, as international demand for graphite, lithium, rare earth elements, and columbite-tantalite is expected to …
-
Business and EconomyBusiness InsightsEconomyFinance & ServicesGovernanceTax Policy
Malaysia Drops HVGT, Shifts to Luxury Sales Tax in Revised Fiscal Plan
Malaysia has shelved plans to implement the High-Value Goods Tax (HVGT), but elements of the policy have been integrated into a revised sales tax framework, according to Prime Minister Anwar …
-
Business and EconomyFinance & ServicesInternationalMarkets
Turkish Stock Market Closes Lower Amid High Trading Volume
The Turkish stock market ended Tuesday’s trading session in the red, as the country’s main index, the BIST 100, fell by 0.52% to close at 10,487.25 points. This drop came …
-
Business and EconomyDevelopmentDiasporaHousingReal Estate
FMBN Offers Mortgage Loan to Nigerians in Diaspora
The Federal Mortgage Bank of Nigeria (FMBN) has introduced a special mortgage loan for Nigerians living abroad. The new product, called the Diaspora Mortgage Loan, was officially launched by the …
-
Business and EconomyDevelopmentGovernanceMaritimeTrade and Commerce
Maritime Trade Tops Agenda at ICC Nigeria’s 26th AGM
The International Chamber of Commerce (ICC) Nigeria has announced that it will hold its 26th Annual General Meeting (AGM) on Thursday, 31st July 2025, in Lagos. This year’s event will …