Economy

AfCFTA, African Commodities, African Markets, BUSINESS NEWS, Currencies, Economy, Global Economics, Global Finance, Global Markets, International News

Gold and Silver Prices Fall Sharply Following Friday’s Decline

Gold and silver prices plunged further after a recent rally pushed both metals to record highs. Spot gold fell over 9% to $4,403 an ounce, while silver dropped 15% below $72. Analysts say the sell-off was triggered by Kevin Warsh’s nomination as US Federal Reserve chair, alongside profit-taking after weeks of parabolic gains.

AfCFTA, Economy, Focus on Africa, Global Economics, Global Finance

Africa’s Largest Dam Positions Ethiopia as a Regional Powerhouse, Boosting Capacity to 9.6GW

Ethiopia’s Grand Ethiopian Renaissance Dam is reshaping the country’s energy and regional influence, boosting installed power capacity to 9.6 gigawatts and positioning Ethiopia as an emerging electricity hub in the Horn of Africa. Once mired in controversy, the project is now being framed by officials as a catalyst for industrial growth, regional power trade and long-term economic stability.

AfCFTA, African Markets, African Stocks, BUSINESS NEWS, Economy, Focus on Africa, Global Economics, Global Finance, Global Trade, Local News

South African Traders Go Global as CoreProTrade Expands International Access

South African retail investors are increasingly seeking exposure to international markets, driven by a desire for diversification, liquidity, and advanced trading tools.
CoreProTrade, a regulated South African brokerage, offers access to CFDs across forex, equities, commodities, and indices without owning the underlying assets.
The platform emphasizes strong compliance, mobile access, and professional-grade infrastructure, catering to a growing segment of sophisticated domestic traders.

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