Chocolate Lovers Beware: Rising Cocoa Prices Could Mean Higher Costs The Rise in Cocoa Prices Since the price of a ton of raw cocoa on the London commodity exchange recently climbed to a record high of just under €5,500 ($5,960), chocolate fans have reason to be alarmed. Just a year ago it was €2,500 and…
Cleaning Up Nakawa Market: Centenary Bank and Pamoja Foundation Team Up Improving Working Conditions for Market Workers Centenary Bank, Uganda’s leading commercial microfinance bank, has partnered with the Pamoja Foundation, a non-profit organization, to enhance the working environment for over 15,000 workers at Nakawa Market in Nakawa Division, Kampala City. This collaboration is aimed at…
The Rise of the Crypto Whale: What Does the Acquisition of 19.99 Million XRP Mean for Ripple? Unraveling the Mystery Behind the $10.69 Million Transaction In a move that has sent shockwaves reverberating through the cryptocurrency landscape, a behemoth crypto whale has made waves with the acquisition of a staggering 19.99 million XRP, setting the…
Charmingly Eccentric Article What it means for Uganda to be removed from Financial Action Task Force’s ‘Grey list’ During the 5th plenary meeting of the Financial Action Task Force (FATF) held on Friday, several countries were hailed for their efforts in countering money laundering and terrorist financing. Among them, the United Arab Emirates, Barbados, Gibraltar,…
The Rise of Bitwise’s BITB Bitcoin ETF A Major Milestone in the Cryptocurrency ETF Market In the competitive landscape of cryptocurrency exchange-traded funds (ETFs), Bitwise’s BITB Bitcoin ETF has achieved a significant milestone with approval from a major investment firm holding over $100 billion in assets under management (AUM). This latest development underscores the growing…
Kemler’s speech leaves lasting impression German speaker Ralf Kemler with transformative message Top-Speaker Hermann Scherer presents Ralf Kemler with the Winning Award International Expert Congress in Dubai “Leadership is always about others and results. Never about our ego.” — Ralf Kemler KELKHEIM, HESSEN, GERMANY, February 24, 2024 /EINPresswire.com/ — Following Miami, the first … Recently,…
Welcome to our Weekly Financial Technology Blog! Less Activity in Executive Appointments This week has seen less activity in executive appointments across the forex, crypto, and fintech sectors. This trend highlights the dynamic nature of financial technology, which is constantly evolving. Recent Executive Moves Recent executive moves in the financial industry highlight significant appointments and…
The G7 Stands in Solidarity with Ukraine ROME — The G7 countries have come together to show their support for Ukraine and to announce new sanctions on Russia in response to Moscow’s invasion of the country two years ago. The virtual meeting, which took place on the anniversary of Russia’s incursion, was attended by Ukrainian…
