Uganda’s coffee exports surged in May 2025, buoyed by a successful main harvest in the Masaka and south-western regions, according to the latest report from the Uganda Coffee Development Authority …
Markets
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AfricaAFRICA NEWSAgricultureBusiness and EconomyEastern AfricaEconomyMarketsNewsTrade and CommerceUGANDA
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyFinance & ServicesGOVERNMENTMarketsNewsPoliticsSouth Africa
South African Rand Flat After Political Fallout Over Deputy Minister’s Firing
The South African rand showed little movement in early trade on Friday, stabilising after sharp declines on Thursday, as political tensions between President Cyril Ramaphosa and the Democratic Alliance (DA)—his …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTMarketsNigeria
Stanbic IBTC Lists 2.94 Billion New Shares on NGX After Oversubscribed Rights Issue
Stanbic IBTC Holdings Plc has successfully listed 2,944,772,083 additional ordinary shares of 50 Kobo each on the Nigerian Exchange Limited (NGX), following the conclusion of its recently completed rights issue. …
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EconomyFinance & ServicesINVESTMENTMarketsMobile Telecommunications Network (MTN)NewsNigeriaTelecommunications
Investors Smile as MTN Nigeria’s Share Price Jumps, Adding N3 Trillion in Market Value
Investors in MTN Nigeria Communications Plc have recorded massive profits after the company’s share price rose sharply on the Nigerian Exchange (NGX), pushing its market value up by about N3 …
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AfricaAFRICA NEWSBusiness and EconomyBusiness PoliciesEconomyGhanaMarketsPolicies
Ghana’s Economy at Risk If Global Gold Prices Fall
A sharp drop in global gold prices could weaken Ghana’s foreign reserves and destabilise the cedi, UK-based research firm Fitch Solutions has warned in a new economic outlook. According to …
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BusinessEconomyGOVERNMENTMarketsSouth Africa
Dis-Chem’s Saltzman Brothers Inherit R6.8 Billion Shares
Brothers Dan and Mark Saltzman, sons of Dis-Chem founders Ivan and Lynette Saltzman, have recently inherited shares worth about R6.8 billion in the company. This development was made public through …
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BusinessEconomyFinance & ServicesINVESTMENTMarkets
Nigerian Exchange Gains N279bn as Investors Rally
The Nigerian Exchange Limited (NGX) opened the week on a bullish note as market capitalisation rose by ₦279 billion on Monday, June 24, 2025, driven by renewed buying interest in …
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EconomyEnergyMarketsPoliticsSouth Africa
Global Shock as US Bombs Iran Nuclear Sites — Oil Prices, Inflation and Markets on Edge
The United States’ surprise decision to bomb nuclear enrichment facilities in Iran over the weekend has dramatically escalated tensions in the Middle East, triggering global market turmoil and raising alarm …
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Despite a decline in overall employment figures, South Africa’s average earnings have outpaced inflation—giving workers real wage gains. However, salary experts are advising employees to manage their expectations going into …
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The Debt Management Office (DMO) has announced the offer of Federal Government of Nigeria (FGN) bonds worth ₦100 billion for public subscription at an interest rate of 19.3 percent per …