Gold breaks $5,000 mark for first time, raising gains for Ghana, Uganda others
Gold surged past $5,000 an ounce for the first time on Monday, extending a historic rally driven by geopolitical and...
- Thursday, June 04, 2026
BusinessDay
Gold surged past $5,000 an ounce for the first time on Monday, extending a historic rally driven by geopolitical and...
African finance is being reshaped by a shift toward regional capital as global lenders retreat, with Nigerian and South African...
…records second-steepest decline among developing regions Africa struggled to attract Foreign Direct Investment (FDI) in 2025 as inflows fell by...
Zenith Bank, Nigeria’s second biggest lender by market value, has received approval from the Competition Authority of Kenya (CAK) to...
The World Economic Forum (WEF) will resume hosting its Africa summit in South Africa in April 2027, ending a seven-year...
Nedbank, one of South Africa’s biggest banking groups, has agreed to acquire a 66 percent stake in Kenya’s NCBA Group...
…trails only Uganda in continental 2025 PMI rankings Nigeria sustained expansion in business activity throughout 2025, signalling the potential for...
Uganda’s gold exports surged by 75.8 percent in 2025, propelled by record global bullion prices and the entry of new...
South Sudan, Africa’s poorest country and one of the world’s least developed economies, is projected to record the highest growth...
Saudi Arabia has announced plans to begin purchasing Sudanese gold immediately, signalling a strategic shift as the conflict-hit country moves...