In a significant move to stabilize its national currency, the Tanzanian government has introduced stringent regulations prohibiting the use of foreign currencies, including the US dollar, for local transactions. Effective from March 28, 2025, this policy mandates that all domestic payments be conducted exclusively in Tanzanian Shillings (TZS). The Bank of Tanzania (BoT) announced these […]
After more than a decade in venture capital and wealth management, one of the most valuable lessons I’ve learned is this: when the wealthiest investors quietly pivot their portfolios, the rest of us should pay close attention. They may not go on television to announce their next move. They don’t need to. Their decisions often […]
The global financial landscape has been rocked by an unprecedented stock market crash in April 2025, marking the most significant downturn since the COVID-19 pandemic. This global stock market turmoil has been primarily attributed to sweeping tariffs introduced by U.S. President Donald Trump, igniting a worldwide trade war and sending shockwaves through financial markets. The […]
As U.S.-China trade tension intensify to historic levels, Africa finds itself in a precarious yet potentially strategic position. With China and the United States deeply embedded in African trade and development frameworks, the economic rift between the two global giants threatens to reshape the continent’s economic landscape—disrupting trade flows, investment channels, and diplomatic alignments. The […]
In a sharp rebuke that underscores deepening economic rifts between the world’s two largest economies, China has condemned the latest wave of Trump administration tariffs, calling them a violation of international law and an act of “unilateral bullying.” The response, delivered in unusually direct language during a high-level Communist Party briefing in Beijing, signals a […]
As Elon Musk prepares to exit his role in the Trump administration’s Department of Government Efficiency (DOGE), his impact on Washington leaves behind both a power vacuum and a provocative question: Who’s Next After Elon Musk? Musk’s time in federal politics was nothing short of disruptive. Armed with a $300 million campaign contribution and a […]
For Elon Musk, the corridors of power in Washington offered both opportunity and exposure. When he accepted a role in the Trump administration’s Department of Government Efficiency (DOGE), the move was framed as an attempt to inject Silicon Valley logic into federal operations. But nearly 130 days later, with Tesla under pressure and public sentiment […]
Elon Musk’s decision to step back from DOGE, the Department of Government Efficiency created under the Trump administration, has triggered a sharp rally in Tesla’s stock. The news broke during Tesla’s Q1 2025 earnings call, during which Musk revealed he would significantly reduce his role in the controversial federal program starting in May. “I’ll still […]
