Uganda’s central bank has decided to keep its main lending rate unchanged at 9.75 per cent for the fourth time in a row, as the country continues to monitor global …
GLOBAL ECONOMY
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AfricaCentral BankingDigital EconomyEconomyFinanceGlobal NewsInflationUGANDA
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DevelopmentEconomyInternational RelationsPoliticsTrade and Commerce
G20 Finance Talks Strained by US Absence and Trade Tensions
As top finance ministers from around the world gather at a beachside resort in South Africa for the G20 summit, the host nation is struggling to keep its agenda on …
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AfricaAviationBusiness and EconomyEnvironmentGlobal NewsMiddle east
The Effect of Israel-Iran Conflict on the People, Global Economy
Tensions between Israel and Iran have sharply increased. This situation is now causing big changes around the world. It affects how people travel, what things cost, and the stability of …
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EconomyFinance & ServicesINVESTMENTMarkets
Gold Prices Surge as Investors Brace for U.S. Jobs Report Amid Economic Uncertainty
Gold prices have risen this week as investors watch carefully ahead of the much-anticipated U.S. nonfarm payrolls report. Spot gold increased by 0.5 percent to $3,368.49 per ounce, while U.S. …
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BusinessBusiness and EconomyDevelopmentEconomyMarketsReal EstateTrending Today
Top Real Estate Investment Hotspots in 2025 (Global & Local)
The global real estate landscape in 2025 is characterized by a complex interplay of economic shifts, technological advancements, and evolving demographic patterns. For discerning investors, the critical question remains: where …
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AfricaDigital EconomyEconomySouth Africa
IMF Lowers Growth Forecasts for African Countries Amid Economic Challenges
The International Monetary Fund (IMF) has reduced its growth forecast for several African countries, warning that the continent’s economic progress may slow down if certain challenges are not addressed quickly. …
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AFRICA NEWSBusinessBusiness InsightsEconomyInfrastructureInternational RelationsManufacturingMarkets
Heidelberg Materials Records Strong Q1 Profits, Credits Growth in Africa
Heidelberg Materials, one of the world’s top cement producers, has started the 2025 financial year on a solid note, with better-than-expected earnings in the first quarter. The German company, which …
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BusinessBusiness and EconomyBusiness InsightsEconomyGlobal NewsGOVERNMENTINVESTMENTLeadershipMarkets
Warren Buffett to Step Down as Berkshire Hathaway CEO After Nearly 60 Years, Greg Abel to Take Over by End of 2025
Warren Buffett, the popular American billionaire investor, has announced that he will step down as the Chief Executive Officer (CEO) of Berkshire Hathaway, the investment company he has led for …
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AFRICA NEWSBusinessEconomyEnergyGlobal NewsInternational RelationsNewsNigeriaOil & Gas
OPEC cuts global oil demand growth forecasts over US tariffs
The Organisation of the Petroleum Exporting Countries (OPEC) has slightly reduced its earlier forecast for global oil demand in 2025. According to its Monthly Oil Market Report released on Monday, …
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As the week commences, several developments are poised to influence African markets. Financial markets exhibited mixed signals on Monday. U.S. stock futures experienced an uptick, while the dollar displayed volatility. …