Business

Absa Bank Kenya Reports 9% Half-Year Profit Growth Despite Economic Headwinds

BusinessAugust 12, 2025

Absa Bank Kenya PLC has reported a 9% rise in profit after tax to KShs 11.7 billion for the half-year ending June 30, 2025,...

GHIB’s Financing Blueprint aims to Unlock Billions in Lost Export Revenue

BusinessAugust 11, 2025

Dean Adansi, Chief Executive Officer (CEO) of Ghana International Bank (GHIB), has set out a financing blueprint to shift Africa’s commodity trade from raw...

Meta and Microsoft Add $400 Billion in Value as AI Momentum Accelerates

BusinessAugust 1, 2025

Tech heavyweights Meta and Microsoft soared to new heights on Thursday, collectively adding a staggering $400 billion to their market valuations following stellar earnings...

Aliko Dangote Steps Down as Chairman of Dangote Cement

NewsJuly 26, 2025

Nigerian billionaire Aliko Dangote has stepped down as chairman of Dangote Cement Plc, the cornerstone of his business empire for decades. The company announced...

Matcha Frenzy Sparks Global Tea Boom Amid Soaring Demand, Price Hikes, and Cultural Reflection

BusinessJuly 26, 2025

The world’s growing appetite for matcha, a finely ground green tea powder rooted in Japanese tradition, is reaching new heights, with demand skyrocketing across...

Wall Street Defies Trade Fears as Markets Reach Historic Highs Under Trump’s Second Term

BusinessJuly 25, 2025

New York, July 2025. Despite intensifying global trade tensions and political unpredictability, U.S. financial markets are experiencing a historic surge, with the S&P 500...

Dangote Raises Alarm: Cheap Russian Fuel Could Destroy Africa’s Refining Industry”

BusinessJuly 23, 2025

Africa’s top industrialist, Aliko Dangote, has sounded a stark warning: the dumping of discounted Russian petroleum products is placing the continent’s refining future at...