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 …
Brent crude oil prices stayed close to $66 per barrel on Monday, continuing the sharp fall recorded last week. The drop in price followed fresh news that United States President …
Motorists and households in South Africa are facing a fresh round of fuel price hikes, with the cost of petrol, diesel, and paraffin all increasing as of this week. According …
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 …
The Nairobi Securities Exchange (NSE) managed to regain some strength on Thursday, days after it suffered heavy losses due to tensions between Israel and Iran. Investors in Kenya and across …
Global credit rating agency, Moody’s Ratings, has upgraded Nigeria’s long-term foreign and local currency issuer ratings from Caa1 to B3, citing improved transparency in the country’s foreign exchange system and …
African financial markets are currently facing a challenging situation, influenced by both global and local factors. There is growing uncertainty in the global economy, as well as domestic political tensions …
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, …
The Nigerian naira has continued to weaken against the US dollar, as it recorded another round of depreciation in March 2025, both at the official market and in the parallel …
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. …