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Cedi Expected To Lose Ground To The Dollar Before 2026 But Still Make History: “Slight Weakening”

Cedi Expected To Lose Ground To The Dollar Before 2026 But Still Make History: “Slight Weakening”

Fitch Solutions expects a slight weakening of the Ghana cedi to the US dollar before the end of December 2025The cedi is currently trading at GH¢12.00 to one dollar at the forex bureau and selling at GH¢10.92 on the interbank market.The cedi has be

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Gold on pace for its best year since 1979 — but one analyst thinks prices have peaked

Gold on pace for its best year since 1979 — but one analyst thinks prices have peaked

Gold (GC=F) futures sat near $4,000 per ounce on Friday, remaining steady after last month’s sharp sell-off but raising questions over where the precious metal is headed next.Gold is still on pace for its best year since 1979, driven by central bank purchasing and increased in

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Court directs URA to pay UGX 51 million to ex-manager over flawed dismissal process

Court directs URA to pay UGX 51 million to ex-manager over flawed dismissal process

The Industrial Court of Uganda has ordered the Uganda Revenue Authority (URA) to pay a total of UGX 51 million to its former manager of compliance, David Kalemera, after concluding that the URA failed to grant him a fair hearing during his termination process.In the award delive

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Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje

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Each Ukrainian owes almost $7,000

Each Ukrainian owes almost $7,000

Data from the National Bank of Ukraine shows that the country’s total debt amounts to $191 billion Ukraine’s national debt per capita has reached a record $6,821, according to estimates by TASS.Data from the National Bank of Ukraine shows that the country

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This is the No. 1 reason people get divorced, says Emily Ratajkowski's divorce lawyer: ‘I'm in everybody's bedroom and bank account’

This is the No. 1 reason people get divorced, says Emily Ratajkowski's divorce lawyer: ‘I'm in everybody's bedroom and bank account’

In her eight years practicing family law, Jackie Combs has helped her clients navigate many divorces.As an attorney at Blank Rome, Combs represents high-net-worth individuals and celebrities like model Emily Ratajkowski and hairstylist Chris Appleton. "Many of my clients' net wo

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Habib Kagimu to Entrepreneurs: Prepare for Uganda’s Oil Boom

Habib Kagimu to Entrepreneurs: Prepare for Uganda’s Oil Boom

Oil companies are like a nation — they need everything from everything. If you can set up shop near them, they will buy everything from you,” Kagimu explainedKAMPALA, Uganda — Malaysia’s Honorary Consul in Uganda, AlHaj Habib Kagimu, has urged local

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NSSF brings together Africa’s top pension funds in ‘$700b in 1 Room’ effort

NSSF brings together Africa’s top pension funds in ‘$700b in 1 Room’ effort

Leading pension funds across Africa today gather in Kampala to commit to a “Fund for Africa” at the “$700b in 1 Room” All Africa Pensions Summit.The Summit 5th – 7th November at the Munyonyo Convention Centre in Kampala, Uganda, will be hosted by NSSF Uganda, under the

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Report Blames Illegal Construction for Kampala Floods

Report Blames Illegal Construction for Kampala Floods

Ham Enterprises continue to erect structures near Nakivubo channel despite an order from KCCA to stop the worksKampala — A confidential Kampala Capital City Authority (KCCA) report seen by ChimpReports has blamed illegal construction and regulatory failures for the deadly floods that swe

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Faisol Nyanzi second to be arrested as crackdown intensifies in Shs700m Bunga property scam

Faisol Nyanzi second to be arrested as crackdown intensifies in Shs700m Bunga property scam

Faisol Nyanzi has been remanded to prison until November 4, 2025, as investigations continue.Kampala, Uganda: The State House Anti-Corruption Unit (SH-ACU), in collaboration with the Criminal Investigations Directorate (CID) and the Office of the Director of Public Prosecutions

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