Gold prices in Libya have recorded new increases, with a slight rise in scrap and cast gold, but a significant and unprecedented jump in the prices of new and used …
Business Insights
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Business and EconomyBusiness InsightsCommoditiesGlobal MarketsINVESTMENTLibyaNews
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BankingBusiness GrowthBusiness InsightsCorporate AffairsDevelopmentFinance
Stanbic Uganda Reports 18% Profit Rise, Shs 278bn in Half-Year 2025
Stanbic Uganda Holdings Limited (SUHL) has announced strong financial results for the first half of 2025, reflecting steady growth and its contribution to national development. For the six months ending …
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Business InsightsDigital TransformationTechnologyTelecommunications
NetOne Spends $13m on Data, Internet Expansion
State-owned mobile network operator NetOne has revealed that it invested a total of US$13 million in 2024 to finance major capital projects aimed at expanding and modernising its network coverage, …
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BankingBusiness InsightsCurrencyEconomyMarketsPolicies
Naira Ends Week Mixed Across Official and Parallel Markets Amid Forex Demand Surge
The Nigerian naira ended last week with a mixed performance in the foreign exchange market, as it recorded marginal gains at the official window but slipped in the parallel market. …
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AfricaBusiness InsightsEnergyEnvironmentMiningPolitics
Russia’s Rosatom Begins $1.2bn Uranium Deal With Tanzania
Russia’s state nuclear energy company, Rosatom, has officially launched a $1.2 billion uranium extraction partnership with the government of Tanzania. The project, described as one of the country’s most ambitious …
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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 …
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AgricultureBusiness InsightsTrade & Investment,
Family Bank Gets $20m from UK Investor to Boost SME Trade Loans
Family Bank of Kenya has received a major financial boost of $20 million (approximately Sh2.6 billion) from British International Investment (BII), a UK-based development finance institution. The funding is aimed …
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AFRICA NEWSBusiness InsightsEconomyFinance & ServicesFintechInnovationTechnology
Africa’s Fintech Revolution Changing How People Access Money
Africa is witnessing a major financial revolution that is changing how millions of people save, borrow, and spend money. This change is driven by financial technology, popularly called fintech, which …
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AfricaBusinessBusiness InsightsFinance & ServicesGhanaGOVERNMENT
Ghana’s Cedi Holds Steady as Forex Market Remains Calm
Ghana’s currency, the cedi, has continued to maintain relative stability against the US dollar and other major international currencies, as noted in the latest figures released by the Bank of …
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AfricaBusiness InsightsEconomyEnergyInternational RelationsNAMIBIA
Galp to Start Talks with Potential Partners for Namibia Oil Project
Portuguese energy company Galp is now set to begin direct talks with potential partners who have shown interest in joining its oil exploration project in Namibia. The company’s Co-Chief Executive …