Trends - Africa - Business Recorder

Africa

UBG calls to explore Africa’s vast economic potential

KARACHI: United Business Group (UBG) leaders have stressed the urgent need to explore Africa’s vast economic...

Published 07 Jun, 2025 04:59am

Pakistan

Burials for 13 migrants drowned off Africa begin

MIRZA VIRKAN: A Pakistani who drowned along with 12 compatriots when a boat carrying dozens of migrants capsized off...

Published 07 Feb, 2025 08:36am

Technology

Vodafone shares drop as Germany performance worsens

LONDON: European mobile group Vodafone reported another deterioration in Germany, its biggest market, in its third...

Published 04 Feb, 2025 01:33pm

World

China’s foreign minister kicks off Africa tour in Namibia

WINDHOEK: China’s Foreign Minister Wang Yi visited Namibia on Monday and hailed the “time-honoured friendship”...

Published 06 Jan, 2025 06:58pm

World

Biden meets Angola leader in visit showcasing US investment in Africa

LUANDA: US President Joe Biden met his Angolan counterpart Joao Lourenco Tuesday at the start of a two-day visit to...

Published 03 Dec, 2024 06:47pm

Technology

Vodafone, Google deepen AI ties across Europe, Africa

Britain’s Vodafone said on Tuesday it has deepened its strategic partnership with Alphabet’s Google in a ten-year,...

Published 08 Oct, 2024 12:35pm

World

Philippines says recent mpox case is mild Clade 2 variant

MANILA: The Philippines’ health minister said on Wednesday a recently detected mpox case in the Southeast Asian...

Published 21 Aug, 2024 10:15am

18,737 mpox cases detected in Africa since Jan

NAIROBI: A total of 18,737 suspected or confirmed cases of mpox were reported in Africa since the beginning of the...

Updated 18 Aug, 2024 09:42am

World

Smuggling of African gold on the rise: NGO

LAGOS: Billions of dollars’ worth of gold is smuggled out of Africa each year, much of it bound for Dubai before it...

Published 30 May, 2024 05:08pm

World

Maersk reroutes vessels around Africa from Red Sea

COPENHAGEN: Denmark’s Maersk said on Tuesday its vessels due to sail through the southern Red Sea and the Gulf of...

Published 19 Dec, 2023 01:34pm

World

Russia has sent first free grain shipments to Africa

MOSCOW: Russia has sent the first of its promised shipments of free grain to Africa, the country’s agriculture...

Published 17 Nov, 2023 06:23pm

World

Africa to get ‘stronger voice’ at IMF: Georgieva

Abidjan: Sub-Saharan Africa will have a “stronger voice” at the International Monetary Fund as it will get a...

Published 07 Oct, 2023 06:01am

World

New UN migration chief to visit Africa on first official trip

GENEVA: The new head of the UN’s migration agency will visit Africa on her first official trip from Sunday to...

Published 02 Oct, 2023 05:15pm

World

Brazil's Lula to reshuffle cabinet after Africa trip: minister

RIO DE JANEIRO: Brazil's Institutional Relations Minister Alexandre Padilha said on Friday that President Luiz ...

Published 25 Aug, 2023 11:13pm

World

Putin says Russia will replace Ukrainian grain shipments to Africa

MOSCOW: Russia will replace exports of Ukrainian grain to Africa, President Vladimir Putin said on Monday, after...

Published 24 Jul, 2023 11:18am

World

US VP unveils $1bn initiative for African women’s empowerment

ACCRA: The United States Vice President Kamala Harris announced a more than $1 billion initiative to improve...

Published 30 Mar, 2023 06:35am

World

Lahore is most polluted city, Chad worst among countries

NEW DELHI: Lahore jumped more than 10 places to become the city with the worst air in the world in 2022, according...

Updated 14 Mar, 2023 06:57pm

Technology

Satellites could beam poorest nations out of digital desert

DOHA: Only a third of people in the world’s poorest countries can connect to the internet, the UN telecoms agency...

Published 06 Mar, 2023 08:05am

Business & Finance

Zambia Chamber chief visits FCCI offices, woos potential investors

FAISALABAD: Africa is poised to emerge as a new global economic destination and Pakistan must contemplate ...

Published 03 Mar, 2023 07:19am

Opinion

‘Each one feed one’

It was not long ago that there was this popular slogan “Each one teach one”. This slogan was originally an...

Published 04 Feb, 2023 06:08am

Business & Finance

IFC sees ‘huge’ potential to boost investment in Africa

WASHINGTON: The World Bank’s private investment arm sees huge potential to boost investment in Africa and help...

Published 19 Dec, 2022 07:28am

Pakistan

‘Engage Africa’: NA body chief describes it as ‘strategic pivot’

ISLAMABAD: Chair-man of the National Assembly Standing Committee on Foreign Affairs Moshin Dawar said that “Engage...

Published 30 Sep, 2022 05:52am

World

French court to rule on deadly 2009 Yemenia Airways crash

PARIS: A French court on Wednesday will issue its verdict on involuntary homicide charges against Yemenia Airways...

Published 14 Sep, 2022 12:45pm

World

‘Challenge’ to maintain world’s focus on global health after COVID-19: Bill Gates

LONDON: Asking the world to prioritise saving lives in the world’s poorest countries is increasingly challenging in...

Published 13 Sep, 2022 10:34am

Business & Finance

Emirates to suspend Nigeria flights from September over trapped funds

LAGOS: Dubai’s Emirates will suspend flights to Nigeria from next month over an inability to repatriate funds from...

Published 18 Aug, 2022 01:24pm

World

UN ship with grain for Africa sets off from Ukraine: ministry

KYIV: A UN-chartered vessel laden with grain set off from Ukraine for Africa on Tuesday following a deal to relieve...

Published 16 Aug, 2022 12:17pm

World

US not trying to ‘outdo’ world powers in Africa, says Blinken

PRETORIA: The United States is seeking a “true partnership” with Africa and not trying to “outdo” other world powers...

Published 08 Aug, 2022 08:05pm

World

UN urges Africa to swap commodities for tech

DAKAR: The UN’s trade body on Thursday said African economies were vulnerable to a triple shock as it urged...

Published 15 Jul, 2022 07:45am

India reports first case of monkeypox

MUMBAI/BENGALURU: India reported its first confirmed case of monkeypox on Thursday, the head of the national ...

Published 15 Jul, 2022 06:20am

World

NATO wary of Russian, Chinese ‘gains’ on southern flank

MADRID: NATO chief Jens Stoltenberg pledged more support for countries in Africa and the Middle East as the alliance...

Published 30 Jun, 2022 08:50pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 23	283.90
USD PKR Interbank Buying / Jun 23	283.60
USD to Japanese Yen / Jun 24	144.80
USD to Swiss Franc / Jun 24	0.81
Pound Sterling to USD / Jun 24	1.36
Euro to USD / Jun 24	1.16
UK LIBOR % / Jun 24	4.96

Stock	Volume
S&P 500 / Jun 24	6,092.18
India Sensex / Jun 24	82,055.11
Tokyo Nikkei / Jun 24	38,750.47
Nasdaq / Jun 24	19,912.54
Hang Seng / Jun 24	24,348.97
FTSE 100 / Jun 24	8,758.99
Dow Jones / Jun 24	43,089.02
Germany DAX 30 / Jun 24	23,641.58
France CAC40 / Jun 24	7,615.99

Item	Value
Crude Oil USD/Barrel / Jun 24	65.31
Karachi Cotton PKR/37.32 KG / Jun 24	16,785
Gold 10 Grams PKR / Jun 24	303,810
Gold Spot USD/Ounce / Jun 24	3,330.88
Cotton US¢/pound / Jun 24	68.01
Petrol/Litre / Jun 25	258.43
Diesel/Litre / Jun 25	262.59

Gainers
Losers
Leaders

Stock	Price
First Treet Manuf / Jun 25 First Treet Manufacturing Modaraba(FTMM)	6.95 ▲ 1 (16.81%)
First Tri-Star Mod. / Jun 25 First Tri-Star Modaraba(FTSM)	15.50 ▲ 1.99 (14.73%)
First IBL Mod. / Jun 25 First IBL Modaraba(FIBLM)	4.73 ▲ 0.59 (14.25%)
Pak Agro Pack. (GEM) / Jun 25 Pak Agro Packaging Limited (GEM)(GEMPAPL)	10.40 ▲ 1.15 (12.43%)
First Fid. Leasing / Jun 25 First Fidelity Leasing Modaraba(FFLM)	2.80 ▲ 0.3 (12%)
Redco Textile / Jun 25 Redco Textiles Limited(REDCO)	28.89 ▲ 3.09 (11.98%)
Tariq Corp.Pref. / Jun 25 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.92 ▲ 0.91 (11.36%)
MACPAC Films / Jun 25 MACPAC Films Limited(MACFL)	38.91 ▲ 3.54 (10.01%)
First Elite Cap.Mod / Jun 25 First Elite Capital Modaraba(FECM)	44.63 ▲ 4.06 (10.01%)
Shahzad Tex. / Jun 25 Shahzad Textile Mills Limited(SZTM)	57.96 ▲ 5.27 (10%)

Stock	Price
Universal Ins. / Jun 25 The Universal Insurance Company Limited(UVIC)	9.05 ▼ -1.65 (-15.42%)
HBL Total Tre. ETF / Jun 25 HBL Total Treasury ETF(HBLTETF)	103.09 ▼ -16.41 (-13.73%)
LSE Financial Serv. / Jun 25 LSE Financial Services Limited(LSEFSL)	29.69 ▼ -3.8 (-11.35%)
Nets Internat.Comm. / Jun 25 Nets International Communication Limited(GEMNETS)	29.90 ▼ -3.31 (-9.97%)
Premier Sugar / Jun 25 The Premier Sugar Mills(PMRS)	272.75 ▼ -25.75 (-8.63%)
Pak. P.V.C. / Jun 25 Pakistan PVC Limited(PPVC)	9.01 ▼ -0.77 (-7.87%)
Reliance Ins. / Jun 25 Reliance Insurance Company Limited(RICL)	9.10 ▼ -0.7 (-7.14%)
Tri-Star Power / Jun 25 Tri-Star Power Limited(TSPL)	6.32 ▼ -0.47 (-6.92%)
J.A.Textile / Jun 25 J.A. Textile Mills Limited(JATM)	27.10 ▼ -1.91 (-6.58%)
Shaheen Ins. / Jun 25 Shaheen Insurance Company Limited(SHNI)	5.52 ▼ -0.38 (-6.44%)

Stock	Volume
WorldCall Telecom / Jun 25 Worldcall Telecom Limited(WTL)	77,352,879 ▲ 0.06
Secure Logistics / Jun 25 Secure Logistics Group Limited(SLGL)	6,945,000 ▲ 1.17
Pak Elektron / Jun 25 Pak Elektron Limited(PAEL)	4,769,187 ▲ 2.11
Bankislami Pak. / Jun 25 BankIslami Pakistan Limited(BIPL)	4,181,821 ▲ 1.96
Dewan Farooque Sp. / Jun 25 Dewan Farooque Spinning Mills Limited(DFSM)	3,804,748 ▲ 0.49
PIA Holding Co.Ltd / Jun 25 PIA Holding Company Limited(PIAHCLA)	3,665,914 ▲ 0.29
Aisha Steel Mill / Jun 25 Aisha Steel Mills Limited(ASL)	3,101,722 ▲ 0.65
Pak Refinery / Jun 25 Pakistan Refinery Limited(PRL)	2,937,618 ▲ 0.23
Maple Leaf Cement / Jun 25 Maple Leaf Cement Factory Limited(MLCF)	2,844,722 ▲ 1.19
Dewan Cement / Jun 25 Dewan Cement Limited(DCL)	2,547,396 ▲ 0.59

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