Commonwealth News
AFRICA-FX-Ghana and Uganda currencies could gain
May 23, 2025
African currencies are showing varied trends for the upcoming week. Ghana's cedi and Uganda's shilling are expected to strengthen, while Kenya's shilling and Zambia's kwacha may weaken. Nigeria's naira is forecast to remain stable. Ghana's cedi, currently trading at...
India’s Bajaj Auto to take control of KTM with $906 million debt deal
May 22, 2025
India's Bajaj Auto announced plans to take control of Austrian motorcycle maker KTM AG through an €800 million ($906.2 million) debt package. The deal marks a significant shift for Bajaj, transforming its role from a minority investor to a strategic leader in KTM's...
Rayno Nel wins 2025 World’s Strongest Man, becoming first champion from Africa
May 21, 2025
South African Rayno Nel has made history by becoming the first African champion and rookie winner since 1997 at the World's Strongest Man competition in Sacramento, California. In a dramatic finale, the 30-year-old former rugby player clinched victory by just half a...
Malaysia partners with banks to boost investments in Johor special economic zone
May 20, 2025
Malaysia has announced strategic partnerships with leading financial institutions to support its special economic zone in Johor, bordering Singapore. Economy Minister Rafizi Ramli revealed the initiative during the Johor-Singapore Special Economic Zone dialogue. The...
Goldfinch, Digital Genesis launch $20 million Web3 and AI entertainment venture at Cannes
May 20, 2025
Goldfinch Holdings (UK) and Digital Genesis Fund (Luxembourg) have announced a groundbreaking partnership at the 2025 Cannes Film Festival, launching a USD 20 million fund to revolutionise media production through Web3 technologies. The initiative, unveiled at the...
Cayman Islands Discovery Day
May 19, 2025
This public holiday holds significant cultural and historical importance for Caymanians, marking the beginning of recorded history in the islands. The day is celebrated with various community events, cultural performances, and historical reenactments that highlight...