Updates on trends of various African markets, including stock markets, real estate, commodities, and more.
KAMPALA – Last week, MTN Uganda marked a significant milestone in the country’s telecommunications industry by launching its 5G network in the capital city of Kampala. The move comes as part of the company’s ambitious plan to upgrade base stations in all major Ugandan cities to the next-generation technology within the next two years. CEO … Read more
On Monday, July 31, 2023, the Minister of Finance, Ken Ofori-Atta, delivered the mid-year budget review in Parliament. This presentation was initially scheduled for July 25, then postponed to July 27, and finally took place on July 31. During his address, Mr. Ofori-Atta revealed that Ghana is currently making modest progress in revitalizing its economy, … Read more
As per the July 31 monthly report by Ceditalk, the overall stock market experienced a notable upswing of 21.8% by the end of July. However, the financial stocks segment encountered a decline of 16.44% throughout the year. Let’s take a closer look at the performance of individual stocks this year: Top Performers: Worst Performers: The … Read more