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Linda Yaccarino, CEO of Elon Musk’s X, to step down in surprise move

Elon Musk-owned social platform, X’s Chief Executive Officer (CEO), Linda Yaccarino said on Wednesday she would step down from the role in a surprise move

Ferrero set to acquire Kellogg’s cereal division in $3 billion deal

Shares in WK Kellogg Co have soared by 50% amid reports that Italian confectionery giant Ferrero is on the verge of acquiring the United States (US) cereal business for around $3 billion.

Kenya inflation at 3.8% year-on-year in June

Kenya’s inflation was at 3.8% year-on-year in June, same level as the previous month, the statistics office said this Monday.

Dollar struggles near 4-year lows as Trump’s tax bill and tariffs weigh

The United States (US) Dollar languished at its weakest against the euro since September 2021 on Tuesday, as President Donald Trump’s spending bill stoked fiscal worries while uncertainty around trade deals remained a drag on sentiment.

SA Minister addresses 4th International Conference on Financing in Spain

South Africa’s (SA) International Relations and Co-operation Minister, Ronald Lamola says multilateral development banks have a critical role to play in offering enhancement, supporting project preparation and co-financing alongside private capital.

African Diaries

FINANCE

FINANCE

Linda Yaccarino, CEO of Elon Musk’s X, to step down in surprise move

Ferrero set to acquire Kellogg’s cereal division in $3 billion deal

Kenya inflation at 3.8% year-on-year in June

Dollar struggles near 4-year lows as Trump’s tax bill and tariffs weigh

SA Minister addresses 4th International Conference on Financing in Spain

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