- GENEVA, Sept. 4 (Xinhua) — The World Trade Organization’s (WTO) Goods Trade Barometer released on Wednesday indicated that global goods trade continued its recovery in the third quarter of 2024. The barometer, a composite leading indicator for global merchandise trade, recorded a latest reading of…
- OTTAWA, Sept. 4 (Xinhua) — The Bank of Canada reduced its policy rate by 25 basis points to 4.25 percent on Wednesday. The bank said in a news release that with continued easing in broad inflationary pressures, the Governing Council decided to reduce the policy interest rate by a further 25 basis…
- LUSAKA, Sept. 4 (Xinhua) — African countries should strengthen regional collaboration on the development of carbon market frameworks to deal with challenges many countries are facing, according to a communique issued after a meeting Wednesday. Many countries in sub-Saharan Africa are facing…
- Fuel prices are currently retailing at Sh188.84 per liter of petrol in Nairobi, while diesel and kerosene are retailing at Sh171.6 and Sh161.75 per liter respectively.
- In a survey of PE firms across the continent, professional financial services firm Deloitte found that a majority of funds in East Africa now expect that deal sizes will fall below the $25...
- Deadly anti-government protests in June and July disrupted business operations and delayed consumer spending decisions, pushing private sector activities to the lowest levels since April 2021.
