By Jennifer Zabasajja and Moses Mozart Dzawu, Bloomberg More African countries are likely to regain or achieve investment-grade credit …
Oil rose as Iran said it wouldn’t soften its conditions to reopen the Strait of Hormuz after President Donald Trump rejected its proposal to do so, dashing hopes of a speedy resumption of traffic …
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International News
Oil rises from six-week low amid uncertainty over US-Iran deal
by Staff Writerby Staff WriterOil rose from a six-week low amid uncertainty over the outlook for a peace deal to end the …
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International News
SA poised for first rate hike since 2023 on Iran war
by Staff Writerby Staff WriterBy Ntando Thukwana, Bloomberg The South African Reserve Bank is set to raise borrowing costs for the first time …
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International News
Hong Kong overtakes Switzerland as top offshore wealth hub
by Staff Writerby Staff WriterBy Diana Li, Bloomberg Hong Kong has narrowly overtaken Switzerland to become the world’s largest cross-border wealth hub, driven …
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International News
Billionaire-backed African parks goes local to preserve gains
by Staff Writerby Staff WriterBy Bonolo Mokonoto, Bloomberg African Parks, a conservation nonprofit backed by some of the world’s richest people, is seeking …
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By Ana Monteiro, Bloomberg Africa’s biggest stock-exchange operator is working to tighten oversight of how brokers and trading firms …
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International News
Gold jumps as prospects of Iran deal temper inflation concerns
by Staff Writerby Staff WriterGold jumped as signs the US and Iran are closing in on a deal that would reopen the …
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International News
African leaders call for regional cooperation, market reforms to unlock nuclear energy financing
by Staff Writerby Staff WriterAfrican leaders have called for regional cooperation and market reforms to unlock nuclear energy financing and transition the …
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Leaders of the Southern African Development Community (SADC) have agreed to deepen regional integration in an effort to …
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By Craig Stirling, Bloomberg The global economy is showing signs of waning momentum and mounting inflation pressures during its …