Debt-hit Kenya plans $824 million IPO of state-run firm after more than a decade — here is what we know

After more than a decade without a major state-backed equity sale, Kenya is poised for a landmark market revival as the debt-hit country plans to raise a record 106.3 shillings ($824.1 million) from an initial public offering of a state-run pipeline company, Bloomberg reported. President William Ruto’s government will sell 11.8 billion shares, or a…

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Gold rates today: MCX gold rises ₹3,000 per 10g, silver jumps ₹16,500 per kg as global trade tensions resurface

Both gold and silver prices saw renewed buying interest in Monday’s session, 19 January, hitting fresh historic highs as concerns over a potential escalation in global trade tensions strengthened the outlook for safe-haven assets. February gold futures on MCX opened higher at ₹1,43,321 per 10 grams, up from the previous close of ₹1,42,517, and went…

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