Stakeholders in the precious minerals sector are set to gather in Lagos for the Gold and Gemstone Conference and Exhibition (GGCE) 2025, scheduled to take place from November 24 to …
Economy
- BusinessEconomyEventsINVESTMENTMiningNigeria
- AgricultureEastern AfricaEconomyFinanceInflationMonetary Policy
Rwanda Central Bank Raises Key Interest Rate to Tackle Rising Inflation
The National Bank of Rwanda has raised its key repo rate by 25 basis points to 6.75 percent as the country battles rising inflation that is putting pressure on the …
- AfricaConflictEconomyGovernanceOil & GasPolitics
President Kiir Sacks South Sudan Finance Minister as Economy Faces Deepening Crisis
South Sudan’s President Salva Kiir Mayardit has dismissed the country’s finance minister, continuing a pattern of frequent changes in the top economic post as the nation struggles with rising inflation, …
- AfricaBusinessCommoditiesEconomyINVESTMENTMining
Gold Fields Triples Profit, Raises Interim Dividend on Strong Gold Prices
South African gold mining giant, Gold Fields Limited, has announced a major boost in its earnings for the first half of 2025, with profits more than tripling compared to the …
GCB Bank PLC, one of Ghana’s largest indigenous financial institutions, has announced the appointment of Aurelia Baaba Ofori Odame as its new Head of Afro-Asia Trade and State-Owned Enterprises (SOEs). …
- BusinessCommunity DevelopmentEastern AfricaEconomyHospitality
Java House Opens 100th Outlet in Rubaga Kampala
Java House, one of East Africa’s biggest coffee-led restaurant brands, has reached a historic milestone with the launch of its 100th store, located in Rubaga, Kampala. The new branch marks …
Illovo Sugar Malawi Plc, one of the country’s largest companies, has secured shareholder approval to borrow $45 million from its majority shareholder, Sucoma Holdings Limited, in a move designed to …
- AfricaBankingBusinessEconomyForex TradingTrade
African Currencies Show Mixed Outlook as Ghana’s Cedi Faces More Pressure
African currencies are set for a mixed performance in the coming week, with Ghana’s cedi expected to weaken further against the dollar, while the shilling in Kenya, the naira in …
- BusinessCapital MarketEconomyFinanceGlobal NewsRegulation
World Federation of Exchanges Launches Manifesto to Protect Public Markets
The World Federation of Exchanges (WFE), the global body representing exchanges and clearing houses, has unveiled its new Exchange Manifesto. The declaration seeks to highlight and reinforce the vital role …
- BusinessCorporate NewsEconomyFinanceTrade
Champion Breweries Moves to Acquire Bullet Brand in Strategic Expansion
Champion Breweries Plc, a subsidiary of enJOYcorp and member of the EverCorp family, has signed an agreement to acquire the Bullet brand, an alcoholic and energy beverage, in a deal …