Zhang Financial LLC lifted its stake in International Business Machines Corporation (NYSE:IBM – Free Report) by 14.6% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,339 shares of the technology company’s stock after buying an additional 2,968 shares during the quarter. Zhang Financial LLC’s holdings in…
Browsing: financial
More countries taking part and more matches means more eyeballs on the action – as well as more opportunities to make money.
The first two weeks of July have highlighted the forces reshaping Africa’s financial landscape. From the continent’s growing embrace of the Chinese yuan and Ethiopia’s sweeping banking reforms to Kenya’s resilient economic growth and East Africa’s rising appeal to investors, Africa is strengthening its long-term growth story even as renewed geopolitical tensions threaten the recovery.
Financial Times headlines reveal ADNOC’s significant $1 billion acquisition of Shell’s South African fuels business, a pivotal move in the energy sector
The Africa Finance Corporation (AFC) has announced the financial close of the US$753 million Lobito Corridor Railway Project in Angola, marking a major step forward for one of Africa’s most important cross-border transport corridors and strengthening regional trade across Southern and Central Africa. The project will rehabilitate, upgrade, and support the long-term operation of the…
At its June plenary in Paris, the Financial Action Task Force (FATF) removed Algeria from its grey list, less than twenty months after the country was added in October 2024. Considering that Morocco’s delisting in 2023 took two years and the United Arab Emirates in 2024 nearly as long, Algiers’ completion of FATF’s action plan…
The EU affairs project takes you inside the negotiations of the laws that affect us all. We publish stories that get to the heart of EU decision-making and explain how political agreements inked in Brussels matter to ordinary Europeans
The recent decision by the South Sudan Economic Cluster to lift the 10 million South Sudanese pounds cash withdrawal limit marks a significant shift in the country’s fiscal landscape. Introduced in September 2024, the policy was intended to encourage a transition toward a cashless economy and reduce the high costs associated with printing banknotes. Instead,…