- Tanzania has this month introduced a gaming tax on the amount or value of winnings through casinos and sports betting, tightening the noose on gamblers
- Ghana’s central bank unexpectedly left its benchmark interest rate unchanged on signs that rampant inflation may be levelling off and concern the outlook for
- The 8 Rules of Dividend Investing help investors determine what dividend stocks to buy and sell for rising portfolio income over time. This can help you find
- Monthly dividend stocks are securities that pay a dividend every month instead of quarterly or annually meaning a smoother, regular income stream for investors.
- Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, has inked a deal with Uber in India to provide auto financing for
- The African Development Fund (ADF), a subsidiary of the African Development Bank (AfDB), has approved a $5.4 million grant to support Somalia's food security
- Airtel Kenya Networks Ltd has bought 60 megahertz of additional spectrum in the 2600 MHz band from the Communications Authority of Kenya for $40 million.
- The weekly Mombasa Tea Auction held on 12th, 13th, and 14th July 2022 had 12.4 million kilograms of tea offered for sale. The amount on offer was the same as
- The International Monetary Fund (IMF) wants tighter checks on bank transactions in Kenya amid growing concerns about money laundering by corruption networks.
- It’s a conundrum where the best bets right now are with those rare stocks that can endure both inflations and recessions. Here are two good dividend stocks.
- Return on invested capital, or ROIC, is a valuable financial ratio that investors can add to their research process. Understanding ROIC and using it to screen
- The Kenya Tea Development Agency (KTDA) has continued to invest in green energy as it moves to assist farmers to access renewable forms of energy while
- South Africa’s central bank has unveiled the biggest increase in interest rates for nearly 20 years in the continent’s most industrial economy, joining the
- Airtel Kenya has announced that it will separate its mobile money product, Airtel Money, from the company. Airtel Money will then be under Airtel Money Kenya
- The International Monetary Fund (IMF) has recommended special safeguards for M-Pesa and banks from unfair competition by the planned digital shilling by the
- Equity Bank Kenya has signed a partnership with NALA Payments Limited, a remittance payment processing platform licensed in the UK and United States, to
- Equity Bank has signed a Memorandum of Understanding (MoU) with the East African Community (EAC) to help fast-track its Africa resilience and recovery plan
- American Airlines has posted a $476 million profit for Q2 2022, its first profit without COVID aid. The profit compares with just $19 million during the same
- Somalia has renewed its bid to join the East African Community (EAC) trade bloc, after the country's newly elected President Hassan Sheikh Mohamud arrived in
- Fuel prices are likely to skyrocket after the International Monetary Fund (IMF) set a fresh loan condition requiring Kenya to drop the fuel subsidy programme
- easyJet has confirmed a firm order for 56 A320neo Family aircraft following shareholder approval. The order is part of easyJet’s fleet renewal and up-gauging,
- Ghana’s producer inflation quickened to a near-eight-year high to 38% in June, from 33.3% the previous month. This is the highest rate of change since March.
- The coffee auction at the Nairobi Coffee Exchange (NCE) recorded a 5% increase in prices, the second time in a row since the auction reopened last week after
- The government has subsidised the price of maize flour by Sh100 for a two-kilogramme packet in a deal with millers aimed at cushioning Kenyans against the
- Zambia's creditors are expected to commit to debt relief needed to unlock $1.4 billion from the IMF on Wednesday or Thursday as the country and its lenders
- In late February the world was plunged into chaos as Russia invaded Ukraine. This sparked immediate sanctions and embargoes on Russian trade which resulted in
- The African Development Bank (AfDB) Group has approved a $134 million loan for the National Agriculture Growth Scheme – Agro Pocket program in Nigeria to
- Netflix continued to lose subscribers in the second quarter as the streaming group tried to assuage fears about its business prospects, telling investors it
- Kenya-based CrossBoundary Energy Access (CBEA), a mini-grid infrastructure fund has announced completion of a $40 million equity investment from Norfund, the
- Kenya Airways (KQ), Kenya’s national carrier, and South African Airways (SAA) have signed a codeshare agreement that opens more destinations for seamless
- Nigeria’s central bank increased its key interest rate at successive meetings for the first time in more than a decade and signalled even higher borrowing
- More than 400 workers at the Naivasha-based Keroche Breweries breathed a sigh of relief after a court ordered the company's reopening pending the hearing and
- At the margins of the 41st Ordinary Session of the Executive Council of the African Union taking place in Lusaka, Zambia, the African Continental Free Trade
- The African Development Bank (AfDB) has approved a $175 million Trade Finance Funded Risk Participation Agreement facility between the African Development
- AfricInvest and Cathay Innovation announced the final close of their joint Pan-African Venture fund, Cathay AfricInvest Innovation Fund (CAIF) at €110M
- The International Monetary Fund’s (IMF) board approved a $1.05 billion extended credit facility for Tanzania and plans to disburse $151.7 million immediately.
- Exim Bank Tanzania has completed the acquisition of assets and liabilities of First National Bank (FNB) Tanzania Limited as it ups its expansion plan
- Delta Airlines has announced plans to buy 100 medium-haul Boeing MAX passenger aircraft worth a combined $13.5 billion, in a vote of confidence for the
