Africa’s biggest oil, gas finds doing little for local economies

The last thing Senegal needed in its long-drawn-out effort to capitalise on large oil and gas finds off its coast was political turmoil. Africa’s newest natural gas superstar had bubbled…

Nigeria’s economic crisis intensifies: IMF reports

The International Monetary Fund (IMF) has stated that the ongoing cost-of-living crisis in Nigeria has spiked due to stalled per-capita growth, high poverty rates, and increased food insecurity. Nigeria faces…

Will Ruto’s long-game gamble with taxes pay off?

This week’s official visit to Japan offered Kenyan President William Ruto a welcome break from the negative public sentiment that has surged back home in recent months over his administration’s…

IPEC demands early settlement of claims

Business Reporter The Insurance and Pensions Commission (IPEC) has directed all insurance companies to timely settle claims after an increasing number of policyholders sought the Commissioner’s intervention due to protracted…

5 key commodities to keep an eye on this week

It’s bad timing for chocolate lovers with cocoa prices soaring to the highest ever.  Meanwhile, record warm temperatures look set to continue, posing an ongoing threat to crops, energy supplies…

Most jobs exposed to AI in advanced economies

By Kristalina Georgieva Most jobs are exposed to Artificial Intelligence  in advanced economies, with smaller shares in emerging markets and low-income countries. AI will affect almost 40 percent of jobs…

Uganda orders airlines to reject uncustomed gold

Uganda Revenue Authority (URA) has written to airlines operating in Uganda to reject gold shipments from the country if the exporters do not show proof of clearance of all payments…

Bard Santner opens branch in New York

Business Reporter LOCAL financial services firm Bard Santner, has opened an office in New York, the world’s biggest financial hub, to tap into huge capital, investment and transaction opportunities offshore. …

Market players lean towards defensive stocks

Business Writer Market watchers are leaning towards defensive stocks on both the Zimbabwe Stock Exchange (ZSE) and Victoria Falls Stock Exchange (VFEX) as inflationary pressures and currency volatility weigh on…

ZSE launches prospective issuers training programme

Business Writer The Zimbabwe Stock Exchange (ZSE) has launched an issuers programme meant to equip and mentor potential issuers in the country through an all-paid programme. Chief executive, Justin Bgoni,…

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