U.S. President Donald Trump is not satisfied with Iran’s latest peace proposal, which seeks to reopen the Strait of Hormuz and end the U.S. naval blockade of Iran’s ports, U.S. media reported, citing several White House officials.

The South African Rand weakened across the board, trading lower against the US dollar, the Euro and the British pound, on Tuesday as gold, the country’s major export earner, came under pressure.

Johannesburg Stock Exchange (JSE) is set for a softer opening following a sluggish prior close, with Asian markets broadly lower and Tencent down 0.46%, offering a slightly negative read-through for Naspers and Prosus.

Ethereum (ETHUSD) declined by about 2% in 24 hours to $2,289.09, underperforming a slight market-wide pullback amid a broader crypto sell-off.

Oil Prices Increase on Elevated Geopolitical Risk Premium Oil prices rose on Tuesday, with Brent…

Transcorp Power Plc, one of the power subsidiaries of Africa’s leading listed conglomerate, Transnational Corporation Plc, has announced a  ₦41,250,000 total dividend to its shareholders at the 13th Annual General Meeting held at the Congress Hall, Transcorp Hilton Abuja.