Author: The Exchange

- We provide economic news and analysis on the investment arena in Africa, with a particular interest in doing business. Our key areas of focus include banking, capital markets, energy, mining, manufacturing and industrial development.

Mpox Africa
  • WHO’s move aims to galvanize a coordinated international response to contain and mitigate the spread of mpox.
  • An uptick in cases, especially in Burundi, Kenya, Uganda, and Rwanda, along with sporadic cases in Europe, prompted the WHO’s emergency declaration.
  • Despite these concerns, mpox is not likely to evolve into a pandemic akin to COVID-19.

Last week, the World Health Organization (WHO) declared mpox (formerly known as monkeypox) a Public Health Emergency of International Concern. This decision underscores the escalating threat posed by the virus, which surged globally in 2022 but has since seen a troubling resurgence, particularly in Africa. The WHO’s move aims to galvanize a coordinated international response to contain and mitigate the spread of mpox, a virus with significant public health implications.

Mpox, a member of the same viral family as smallpox, is a rare but severe infection. It manifests through symptoms akin to chickenpox, including fevers, swollen …

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  • Safaricom has requested telco industry watchdog, the Communications Authority (CA) to block satellite internet providers, such as Elon Musk’s Starlink, from operating independently within Kenya.
  • Kenya’s largest telco argues that allowing satellite providers to operate independently could lead to challenges in enforcing compliance with local laws.
  • Safaricom insists satellite ISPs should only be allowed to operate under the license rights of a local company.

A fierce battle is looming in Kenya’s internet service provider (ISP) industry, with Safaricom PLC, the region’s largest telecommunications operator, requesting the Communications Authority (CA) to block satellite internet providers, such as Elon Musk’s Starlink, from operating independently within the country.

This development sets the stage for what could turn out to be a fierce contest over the control of Kenya’s lucrative internet market, as telco heavyweights Safaricom and Starlink vie for dominance in a rapidly digitizing economy.

Listed on the Nairobi Securities Exchange and …

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  • In trading, your mind is your greatest asset or your worst enemy. Emotions can cloud judgment, leading to impulsive decisions that often result in losses.
  • Fear, greed, overconfidence, and hesitation are common emotions that can derail even the most carefully crafted trading plans.
  • Understanding and controlling these emotions is essential to ensure they don’t negatively impact your trading decisions.

Trading isn’t just about understanding charts, mastering technical analysis, or knowing the latest market trends. The psychological aspect of trading is what separates consistent winners from the rest. If you’re serious about succeeding as a trader, developing a winning mindset is as crucial as mastering the strategies you use. In this article, we’ll explore key concepts to help you build a strong mental foundation, with some practical trading psychology tips that you can apply right away.

The Importance of Trading Psychology

In trading, your mind is your greatest asset or your …

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1. Start Early with a 529 College Savings Plan

One of the most effective ways to save for college is by investing in a 529 College Savings Plan. This tax-advantaged savings plan allows parents to set aside money for their child’s education, with the earnings growing tax-free. The earlier you start, the more time your investments have to grow, potentially leading to significant savings by the time college enrollment begins.

For students looking to balance their studies with part-time work, they can search for “online writing service EduBirdie can do my assignment” and find a reliable service that helps them manage their academic workload. This not only saves time but also allows students to focus on earning money to contribute to their 529 plans or other financial goals. By combining early savings with smart time management, families can better prepare for the financial demands of higher education.

2. Put

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  • Position trading is a long-term strategy in which a trader’s holding timeframe is pretty extensive, going to the extent of sometimes lasting for months up to a few years.
  • When compared to day trading, its swing trades have features of short-term fluctuations in the market.
  • Modern trading platforms, like Exness, provide advanced tools and resources for position traders.

Buying and selling of stocks incorporate many strategies for varying risk appetites and time frames. One of them is position trading: a long-term strategy of trading with the view of deriving gains from the major trends. In this article, we shall look at the intricacies of position trading in stock trading including its benefits, challenges and effective techniques associated with it.

What is Position Trading in Stock Trading?

Position trading is a long-term strategy in which a trader’s holding timeframe is pretty extensive, going to the extent of sometimes lasting for …

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  • USD/ZAR pair is one of the most closely followed forex pairs in the country and FX traders will be wondering how to take advantage of the changing performance of the pair over time.
  • Traders in the country pay close attention to the pair’s performance and seek to take advantage of major short-term and long-term price fluctuations.
  • For this reason, the use of technical indicators, and often a combination of a few indicators, can help traders more accurately gauge the direction of the price of the pair.

Forex trading has long been a popular method of accumulating and safeguarding wealth in South Africa. However, the underlying economic issues of the economy have adversely affected the performance of its currency, the South African rand (ZAR).

The USD/ZAR pair is one of the most closely followed forex pairs in the country and FX traders will be wondering how to take advantage of the …

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  • The transformative potential of the Heaven on Earth Program utilizes self-reprogramming techniques to achieve inner peace, happiness, and financial abundance through mental and spiritual practices.
  • Supported by scientific research and universal wisdom, the program emphasizes brain synchronization, meditation, and manifesting desires to foster mental clarity, emotional stability, and overall well-being.
  • By integrating these holistic practices, individuals can reprogram their minds to create a state of ‘heaven on earth,’ enhancing their happiness, wealth, and life performance.

Is it possible for individuals to achieve a state akin to heaven on Earth through the Heaven on Earth Program? This question lies at the heart of a profound exploration into the transformative potential of self-reprogramming to elevate happiness and wealth. In this article, we delve into compelling research findings to deepen comprehension and endeavour to provide insights into this intriguing inquiry.

The concept of the “Guide to Heaven on Earth Living,” as posited …

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  • Al Shezawi, President of AIM Global Foundation, asks entrepreneurs to seize promising investment opportunities between the Gulf countries and African nations.
  • Al Shezwi who is also President AIM Congress says these collaborations will be through enhancing joint work and establishing economic partnerships.
  • Also discussed in Bahrain was best practices and experiences from Africa and the Arab region on how to stimulate and unleash entrepreneurship, joint investments, and trade.

The AIM Global Foundation has called for enhanced trade partnership between the Gulf nations and Africa during the fifth edition of the 2024 World Entrepreneurs Investment Forum in Bahrain.

This call comes at a time when the AIM Global Foundation is increasingly engaging the world’s entrepreneurs, urging enhanced international cooperation by formulating and developing effective promotion strategies and opening new horizons for viable investments.

Overall, the AIM Global Foundation seeks to anticipate the future, support sustainable investment partnerships and initiatives, and create …

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  • Within the financial history of Africa, the last 10 years have witnessed a notable surge in the acceptance of Forex CFD trading.
  • Technological advancements have become the unsung stars of the Forex CFD trading story in Africa.
  • If you wish to get started with Forex CFD trading in Africa – you need a trusted broker with a reputable trading app.

Within the huge financial spectacle, Forex CFD trading is a gripping protagonist that draws traders into its complicated storylines of profit and risk, all set against the dramatic backdrop of a Shakespearean tragedy. With 2024 drawing to a close, it is wise for us to examine critically the story of Forex CFD trading in Africa. Like a rollercoaster journey over the wild landscape of the stock market, each turn offers a unique combination of opportunity and difficulty.

The Rise of Forex CFD Trading in Africa

Within the financial history …

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  • His Highness Sheikh Saud bin Saqr Al Qasimi tells delegates to the 2024 Congress in Abu Dhabi: “development can, and should, be reciprocal”
  • The Ruler of Ras Al Khaimah, as Guest of Honor, told delegates how the UAE has demonstrated that: “when wisdom and a sense of duty meet vision and hard work, anything is possible”

The United Arab Emirates (UAE) has demonstrated that when wisdom and a sense of duty meet vision and hard work, anything is possible. These were the words of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, as he delivered the keynote address at the opening of the 13th edition of the AIM Congress on May 7th  in Abu Dhabi.

The opening ceremony saw the participation of His Excellency Andry Rajoelina, President of the Republic of Madagascar; His Highness Sheikh Mohammed bin Saud Al Qasimi, …

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