Money

South African Rand Dips Following Federal Reserve Chair Powell’s Ambiguous Comments on Interest Rates

The South African rand saw a marginal decrease on Tuesday following Federal Reserve Chair Jerome Powell's testimony in Washington, which failed to provide a...

South African Rand Extends Losses as Markets Await Unity Government’s Economic Reforms

The South African rand continued its downward trend on Tuesday, extending losses from a turbulent start to the week. As of 1530 GMT, the...

Former Microsoft Employee Steve Ballmer Surpasses Bill Gates as World’s Sixth-Richest Person

Steve Ballmer, the former CEO of Microsoft Corporation, has surpassed Bill Gates to become the sixth-richest person in the world, marking the first time...

Nvidia’s Stock Surges, Beats Microsoft to Crown It Wall Street’s Most Valuable Company

Nvidia's staggering stock run carried it to the market's mountaintop on Tuesday, as it became the most valuable company on Wall Street. The chipmaker's...

Nigerian Naira Plummets by 215% Against US Dollar One Year After Foreign Exchange Market Harmonization

One year after the Central Bank of Nigeria (CBN) harmonized the foreign currency market segments in the country, the Nigerian naira has experienced a...

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