Botswana first in Africa to hike rates since war

Botswana became the first African central bank to raise interest rates after the Iran war triggered a global energy shock, with inflation seen more than doubling this month. The monetary policy committee lifted the key rate to 5.5% from 3.5% […]

Trump Effect: Gold surpasses $5,000 and hits a new record

Gold surged more than 60% in 2025, the largest annual increase since 1979, driven by geopolitical instability. Gold surpassed $5,000 per ounce on Monday, reaching a new record. The precious metal reached $5,100 per ounce this morning as investors sought […]