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AFRICA-FX-Ghana and Uganda currencies could gain

AFRICA-FX-Ghana and Uganda currencies could gain

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

India’s Bajaj Auto to take control of KTM with $906 million debt deal

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...