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Tag: INVESTING

Business / Companies / Technology

Kenya’s VASP Bill 2025: Navigating Taxation Amidst Innovation Concerns

February 5, 2025February 5, 2025 - by Aisha Khoury - Leave a Comment

The VASP Bill 2025 in Kenya has sparked considerable debate, particularly regarding the proposed 3 percent Digital Asset Tax. While regulators see the bill as providing clarity, many industry stakeholders …

Kenya’s VASP Bill 2025: Navigating Taxation Amidst Innovation Concerns Read More
Business / economics

Trump Announces Tariffs Targeting Mexico, Canada, and China Affecting Texas Trade

February 2, 2025February 2, 2025 - by Aisha Khoury - Leave a Comment

President Trump has announced tariffs on imports from Mexico, Canada, and China, set to begin Tuesday. The tariffs include a 25% charge on goods from Mexico and Canada, and 10% …

Trump Announces Tariffs Targeting Mexico, Canada, and China Affecting Texas Trade Read More
Business / economics

Current Gold Rates and Market Dynamics in the UAE

January 30, 2025January 30, 2025 - by Maya Chowdhury - Leave a Comment

On January 30, 2025, gold rates in the UAE are 24K: AED 334.25, 22K: AED 309.50, 21K: AED 299.50, and 18K: AED 256.75. The UAE is a major hub for …

Current Gold Rates and Market Dynamics in the UAE Read More
Business / economics

Latest Gold Rates in UAE and Market Overview as of January 2025

January 22, 2025January 22, 2025 - by Maya Chowdhury - Leave a Comment

As of January 22, 2025, gold rates in the UAE are: 24K AED 333.25, 22K AED 308.50, 21K AED 298.75, and 18K AED 256.00. The UAE is a significant global …

Latest Gold Rates in UAE and Market Overview as of January 2025 Read More
Business / economics

Nigeria’s Inflation Rate Nears 29-Year High Amid Data Revisions

January 15, 2025January 15, 2025 - by Victor Santos - Leave a Comment

As of December, Nigeria’s annual inflation rate nearly reached a 29-year high at 34.8%, with significant contributions from transportation costs. The National Bureau of Statistics plans to revise its methodology …

Nigeria’s Inflation Rate Nears 29-Year High Amid Data Revisions Read More
Business

Visa Reports 29% Increase in Black Friday Sales in Trinidad and Tobago

January 14, 2025January 14, 2025 - by Maya Chowdhury - Leave a Comment

Visa reported a 29% increase in Black Friday sales in Trinidad and Tobago, with a 27% rise in total transactions compared to 2023, mainly fueled by a 35% increase in …

Visa Reports 29% Increase in Black Friday Sales in Trinidad and Tobago Read More
Business

Commodity Prices Surge Amid Weather Concerns in West Africa and Vietnam

January 6, 2025January 6, 2025 - by Liam O'Sullivan - Leave a Comment

Weather-induced complications in West Africa and Vietnam are driving cocoa and coffee prices higher. Cocoa futures rose due to dry conditions in the Ivory Coast, while Vietnam’s rainfall issues led …

Commodity Prices Surge Amid Weather Concerns in West Africa and Vietnam Read More
Business / economics

Pakistan Leads Global Economic Losses Due to Internet Shutdowns in 2024

January 5, 2025January 5, 2025 - by Aisha Khoury - Leave a Comment

A report from Top10VPN.com reveals that Pakistan has incurred the highest financial losses from internet shutdowns, amounting to $1.62 billion in 2024. This far exceeds the losses recorded in other …

Pakistan Leads Global Economic Losses Due to Internet Shutdowns in 2024 Read More
Business

Cocoa Prices Surge: Implications for Commodity Markets in 2024

December 31, 2024December 31, 2024 - by Ravi Patel - Leave a Comment

Cocoa futures have risen 175% this year due to crop yield issues in Africa, peaking at $12,931 per ton. The International Cocoa Organization reports ongoing global shortfalls, suggesting looming deficits …

Cocoa Prices Surge: Implications for Commodity Markets in 2024 Read More
Business / economics

Kenya and Uganda Prepare for Significant Economic Updates Amid Market Adjustments

December 31, 2024December 31, 2024 - by Aisha Khoury - Leave a Comment

Kenya and Uganda are set to announce key economic updates, including GDP and inflation data, which will significantly influence regional markets. Asian markets have reacted negatively due to shifts in …

Kenya and Uganda Prepare for Significant Economic Updates Amid Market Adjustments Read More

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