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HomeHow Uganda’s biggest export, gold, is undermining its currencyFinance

Category: Finance

Finance

How Uganda’s biggest export, gold, is undermining its currency

Uganda’s largest export, gold, has this year hit an all-time high, peaking at US$4,379 an ounce in October 2025. This worldwide gold […]

December 8, 20252 min read
Finance

DWS and Deutsche Bank partner with Al Mirqab Capital on EUR 1bn German Opportunities Mandate.

DWS and Deutsche Bank today signed a Memorandum of Understanding (MoU) for a long-term collaboration with Al Mirqab Capital, the Doha-based private […]

December 8, 20252 min read
Finance

AfDB to provide $1.78 billion for Namibia’s development projects.

The African Development Bank Group (AfDB) has approved a $1.78 billion Country Strategy Paper (CSP) for Namibia, aimed at driving economic transformation […]

December 4, 20251 min read
Finance

.Niger breaks decades-long French grip, moves to trade uranium directly on global market.

The move, broadcast on state television Télé Sahel, signals a historic rupture with France and accelerates Niamey’s bid to reclaim full sovereignty […]

December 3, 20251 min read
Finance

Group of European banks announce euro stablecoin company called qivalis.

A group of 10 European banks, including heavyweights ING, UniCredit and BNP Paribas, have formed a consortium to launch a euro-pegged stablecoin, […]

December 2, 20251 min read
Finance

Saudi Arabia aims to draw in more Japanese investment, PIF governor says

Saudi Arabia wants to bring in more Japanese companies as it looks to attract foreign investment to back its ambitious economic diversification […]

December 2, 20251 min read
Finance

Bitcoin plunges to below US$86,000 in risk-off start to December.

Cryptocurrencies fell sharply on Monday, bringing fresh momentum to a wide-ranging sell-off that appeared to have settled.  Bitcoin slid as much as […]

December 1, 20251 min read
Finance

Gold futures rise above $4,000 per ounce for the first time.

Gold futures soared above $4,000 per troy ounce for the first time Tuesday, as many investors seek a safe place to park […]

November 26, 20251 min read
Finance

Patrice Motsepe-backed Harmony Gold expands into copper with $1.75 billion Australian mine.

Harmony Gold has approved an investment of between $1.55 billion and $1.75 billion to develop its Eva Copper project in Northwest Queensland, […]

November 25, 20251 min read
Finance

Foreign investors turned net sellers again, offloading RM1.03b on Bursa last week.

Foreign investors were net sellers for the week ended Nov 21, 2025 across eight markets, with total outflows reaching US$6.73 billion (RM27.87 billion), about […]

November 24, 20251 min read
Finance

Workers Just Discovered a Gold Mine Worth $192 Billion

Why are so many veins of gold running through China? Its vast land mass rests on several tectonic plates. Geological activity creates conditions ideal for […]

November 24, 20251 min read
Finance

Barrick announces management shakeup as activist investor takes large stake in company.

Barrick Mining Corp. ABX-T +1.44%increase unveiled a slew of management changes late Tuesday aimed at improving its subpar performance and bulking up its operations […]

November 24, 20251 min read
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