Serrari Group

Finance & Investment News|Finance Calculators|Online Courses|Personal Finance Tips Business Finance Tips Macro Economic News Investments News Financial & Investments Calculators Compare Economies & Financial Products My Serrari Serrari Ed Online Courses

Ghana – Government Successfully Clears First Coupon Payment for DDEP-Affected Bonds, Ensuring Credibility of Domestic Debt Operations

The Ministry of Finance in Ghana has taken a significant step towards enhancing the nation’s financial stability by successfully initiating the settlement of the first coupon payment for bonds affected by the Domestic Debt Exchange Program (DDEP). This move underscores the government’s commitment to maintaining the ongoing success and credibility of Ghana’s domestic debt activities. […]

Share this article:

KEPSA Urges Predictable Regulatory Framework for Carbon Trading

The Kenya Private Sector Alliance (KEPSA) has intensified its call for the establishment of a predictable regulatory framework for carbon trading, asserting that such a framework would foster transparency in the carbon trading sector and contribute to a level playing field that benefits all stakeholders. In a significant move, a delegation from KEPSA presented a […]

Share this article:

US Stocks Banks Lead Declines Ahead of Jackson Hole Conference

US stocks experienced a downturn on Tuesday, largely driven by a slump in the banking sector, as investors considered recent ratings downgrades and looked ahead to the forthcoming Jackson Hole economic conference. The S&P 500, a key measure of Wall Street’s performance, concluded the day with a 0.3% decline, primarily influenced by a drop in […]

Share this article:

Kenyan Fintech Zanifu Secures $11.2 Million in Funding to Expand Inventory Financing Services

Zanifu, a prominent Kenyan fintech specializing in providing inventory financing to micro, small, and medium-sized businesses, has successfully raised $11.2 million in a pre-Series A funding round. The round was led by Beyond Capital Ventures and Variant Investments, with participation from Founders Factory Africa, AAIC Investment, Google Black Founders Fund, and existing investor Launch Africa. […]

Share this article:

Mortgage Rates Hit Highest Level in Over Two Decades as Bond Yields Soar

In response to mounting anxieties among investors regarding prolonged inflation and elevated interest rates, mortgage rates experienced a sharp increase on Monday, fueled by a surge in bond yields. According to data from Mortgage News Daily, the average rate for the widely favored 30-year fixed mortgage soared to 7.48%, marking its most elevated level since […]

Share this article:

Airtel Uganda Announces IPO to Comply with Ownership Regulations

Airtel Uganda, a leading telecommunications company in the country, is preparing to initiate an Initial Public Offering (IPO) in which it will offer 20 percent of its issued shares, amounting to a total of eight billion units. The IPO is scheduled to take place between the end of this month and early October, signaling a […]

Share this article:

Turkey Takes Steps to Unwind $125 Billion Lira Protection Scheme

In a significant move indicating a shift in economic strategy, Turkey has embarked on the initial stages of dismantling a $125 billion program designed to shield savers from the impact of lira depreciation. This change marks the latest departure from the unconventional economic policies that had negatively affected the nation’s financial health, attributed to President […]

Share this article:

Zimbabwe Implements New Carbon Credits Trading Regulations to Foster Sustainable Development

In a groundbreaking move aimed at bolstering sustainable development and combatting climate change, the Government of Zimbabwe has introduced the Carbon Credits Trading General Regulations 2023. This new initiative places Zimbabwe at the forefront of carbon credit trading in the region, showcasing its commitment to environmental stewardship and innovative climate solutions. The move follows a […]

Share this article:

Danish Energy Giant, Danfoss, Boosts Investments in Kenya’s Thriving Energy Market

As Kenya solidifies its vision to establish itself as East Africa’s petroleum hub, Danish energy solutions leader, Danfoss, is injecting fresh vitality into the nation’s energy landscape. The strategic acquisition of key assets sets the stage for a dynamic transformation, while collaborative partnerships with local enterprises and institutions underline Danfoss’s commitment to shaping Kenya’s sustainable […]

Share this article: