IMF warns African economies as rising energy prices threaten inflation fight

The IMF warns African economies that rising energy prices and high global interest rates could increase debt costs and prolong inflation pressures in 2026.

Oluwatosin Alao October 14, 2026

Business Markets Mining

Glencore shares begin trading on Australian Stock Exchange

Glencore shares begin trading on the ASX, giving Australian investors new access to the global mining and commodities group.

Timilehin Adejumobi October 14, 2026

Hot News Business Entrepreneurs Latest

Uganda’s gospel artist Mungu Feni released on police bond in $3.3 million fraud probe

Ugandan gospel artist Mungu Feni has been released on police bond as investigators probe an alleged $3.3 million gold fraud involving multiple suspects.

Feyisayo Ajayi October 14, 2026

Business Energy

Eskom seeks partner for South Africa’s 1,500 MW hydropower project

Eskom seeks private investors for its $2.4 billion Tubatse hydropower project, designed to deliver 1,500 MW and 14 hours of energy storage.

Oluwatosin Alao October 14, 2026

Executives Banking Hot News

Zenith Bank CEO Adaora Umeoji in line for N430 million dividend payout

Zenith Bank CEO Adaora Umeoji is set to receive a N430 million ($326,000) interim dividend payout as the lender lifts midyear shareholder returns by 20%.