Business

Prabowo proposes US$230 billion budget for 2027; targets deficit at 2.4% of GDP

President Prabowo Subianto also announced that the government was planning to revise its citizenship law to allow some Indonesians to hold dual nationality for the first time.

Africa: Inside The $5 Billion Plan To Keep Africa's Cotton Jobs In Africa

[Bird Story Agency] Africa grows plenty of cotton. It just does not make much of it into clothes. A new $5 billion plan aims to change that, turning a scattered collection of cotton producers into a regional textile industry.

Rates are at multiyear highs, yet stocks hit fresh records. Here’s how long the defiance may last.

The relationship between bond yields and equities has turned negative again, says LPL Financial

NATO aircraft shoot down drone over Latvia, which blames 'Russian electromagnetic warfare'

NATO fighters shot down a foreign drone over Latvia as Finland briefly restricted airspace and sea areas amid heightened Baltic security concerns.

Ghana: Ghana Must Shift From Vehicle Imports to Local Assembly - Prof. Hinson

[Ghanaian Times] Ghana's automobile industry must move beyond vehicle importation and sales to embrace full-scale local assembly and manufacturing to boost the economy and enhance job creation, Professor Robert Ebo Hinson, has stated.

AI Drove Growth at Indeed After Investors Feared the Worst for Jobs-Search Site

AI sparked growth at a jobs-search platform that some investors feared doomed.

Boeing Analysts Turn Most Bullish Since 2022 on ‘Momentum Shift’

Boeing Co.’s efforts to turn around its business are getting a loud cheer from Wall Street, as analysts this week turned the most bullish on the company in nearly four years.

Stablecoin issuer Tether says KPMG US has audited its 2025 statements

Batten down the hatches and allocate defensively because global liquidity has peaked, argues veteran strategist

In a world of rising interest rates, CrossBorder Capital’s Mike Howell believes investors should maintain a defensive posture, hedge against inflation, buy gold and commodities

Zimbabwe: Mnangagwa Orders Replacement Ferry for Ill-Fated Mbuya Nehanda Boat, Rehabilitation of Abandoned Road

[New Zimbabwe] GOVERNMENT has pledged to replace the passenger ferry involved in Tuesday's Lake Kariba disaster and urgently rehabilitate the impassable road linking Kariba, Siakobvu and Chalala, but the commitments have come only after…

Zambia Electoral Body Suspends Vote Counting on Violence

The Electoral Commission of Zambia has suspended the counting and announcement of results throughout the country with immediate effect after reports of violence in some districts.

Dangote Sugar Raises $356 Million in Share Sale to Trim Debt

A sugar refinery owned by Africa’s richest person, Aliko Dangote, raised $356 million in a share sale and will use the funds to reduce debt and boost a capital position eroded by three years of losses.