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Business - Page 18

Russian coal exports to South Korea hit three-year high

Russian coal exports to South Korea have surged to their highest level in three years, highlighting a significant shift in Seoul’s energy sourcing as it seeks to strengthen power supply security amid disruptions in global energy markets. South Korea imported approximately 12.5
August 24, 2026

African Nations Shift Capital Focus To Gold

A significant shift has occurred in the economic landscape of several African nations. As traditional avenues of financial support, particularly international aid from the United States and other Western nations, have begun to dwindle, many African leaders are turning their attention to
April 22, 2025

China Launches Gold ATM That Melts and Pays Instantly

China has unveiled the world’s first gold ATM that can test, melt, and convert gold items into instant bank transfers  all in under an hour. These high-tech machines, recently showcased at the China Gold Congress in Shanghai, are drawing attention for their
April 22, 2025

Gold Climbs to Record High of $3,500 Per Ounce

Gold prices have surged to a historic high of $3,500 an ounce, marking a major moment in the global financial landscape as investors increasingly turn to the precious metal in search of safety amid mounting economic and political uncertainty. The rally reflects
April 22, 2025

IMF Reaches Preliminary Deal to Disburse $441 Million

The International Monetary Fund (IMF) has reached a preliminary agreement with the Tanzanian government that, once formally approved, will unlock approximately $441 million to support the country’s economy. This announcement follows the completion of the fifth review under the Extended Credit Facility
April 18, 2025

Tanzania To Ban Agric Imports From South Africa,Malawi

Minister of Agriculture  Hussein Bashe has reaffirmed Tanzania’s decision to ban agricultural products from South Africa and Malawi starting next Wednesday, unless those countries lift their embargo on Tanzanian goods. During a meeting in Dodoma with stakeholders involved in the Building a
April 17, 2025

Tariffs Force Shein and Temu to Raise Prices

Chinese-founded e-commerce giants Shein and Temu have announced they will soon raise prices for U.S. customers, citing the impact of new tariffs introduced under policies backed by  President Donald Trump. The changes come as part of a broader U.S. push to tighten
April 17, 2025
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