Economic

PPC’s Strategic Turnaround Delivers Strong Results

Economic
PPC, a leading Southern African cement producer, has reported a 2% decline in revenue to R9.87 billion for the financial year ending March 31,...

Africa Set to Launch Own Credit Rating Agency

Economic
The African Union is poised to launch the Africa Credit Rating Agency (AfCRA) in June 2025, a move aimed at providing fair and transparent...

US-China Trade Talks Show Promise Amid Ongoing Tariff Negotiations

Economic
The US and China have made significant progress in recent trade talks, with both sides expressing optimism about reaching a mutually beneficial agreement. The...

Huawei CEO Ren Zhengfei Addresses Chip Gap and Innovation Strategies

Economic
In a recent interview with Chinese state media, Huawei CEO Ren Zhengfei acknowledged that Huawei's processor chips lag behind those of US companies by...

Oil Prices Stabilize as Market Awaits Key Developments

Economic
The oil market has shown signs of stability, with Brent crude oil prices currently trading at $67.27 per barrel and West Texas Intermediate (WTI)...

Gold and Copper Markets Show Divergent Trends

Economic
The gold and copper markets have presented a mixed picture, with gold futures prices trending flat at $3,318 per ounce, while copper prices are...

Platinum Prices Reach Four-Year High Amid Surging Demand and Supply Constraints

Economic
Platinum prices have surged to a four-year high, driven by a perfect storm of increased demand and tightening supply. The precious metal, often overshadowed...

Reliance Industries Chairman Mukesh Ambani Announces Landmark Grant to ICT Mumbai

Economic
In a significant boost to academic research and development in India, Mukesh Ambani, Chairman of Reliance Industries, announced an unconditional grant of Rs 151...

RBI Announces New Guidelines to Boost Gold Loan Market

Economic
LTV Ratio on Gold Loans Increased to 85% In a significant move aimed at boosting liquidity and providing relief to borrowers, the Reserve Bank of...

India’s GDP Growth Forecast Upgraded to 6.4% by UBS

Economic
Global financial services firm UBS has revised its forecast for India's real gross domestic product (GDP) growth for FY26, raising it to 6.4% from...
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