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 …
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 …
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, …
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. …
In a striking turn of events, gold prices have soared to an all-time high globally, as investors seek refuge amid rising economic uncertainties, inflation fears, and fluctuating interest rates. The …
The global economy may face a recession next year caused by an aggressive wave of policy tightening that could yet prove inadequate to temper inflation, the World Bank said in …
The Central Bank of Kenya(CBK) has retained the base lending rate at 7.5 per cent even as global inflation remains elevated. CBK raised the rate from 7 per cent in …