18 Oct 2022
- Maize prices have dropped drastically below KES 5,000 for a 90Kg (kilogramme) bag for the first time in months as farmers in Kenya’s food basket,…
18 Oct 2022
- Ghana’s cedi slumped to become the world’s worst-performing currency this year as investors continued to squeeze foreign capital into the west…
18 Oct 2022
- NALA, a Tanzanian-born fintech startup with a growing dominance in East Africa, made a pioneering move in Africa’s fintech space by enabling its…
18 Oct 2022
- CA has instructed mobile network operators to deny service to millions of phone subscribers who have not registered their SIM cards
18 Oct 2022
- Nigeria’s inflation rate hit a fresh 17-year high in September, stoked by a slide in the value of the naira that raised the cost of imported goods…
17 Oct 2022
- Diaspora remittances rose by KES 1.02 billion ($8.5 million) to KES 38.5 billion($318 million) in September, from KES 37.5 billion (309.8 million)…
17 Oct 2022
- KRA is set to be under pressure to improve its collections as the new government administration prioritises domestic revenue mobilisation to plug the…
17 Oct 2022
- Tea farmers selling their produce to KTDA-managed factories recorded improved earnings in the July to mid-October period as volumes sold increased.
17 Oct 2022
- The Kenya Investment Authority (KenInvest) and the Netherland Business Hub (NLBH) have signed a Memorandum of Understanding (MOU) to reinforce their
17 Oct 2022
- President William Ruto has said the KES 50 billion Hustler Fund he promised during campaigns will be up and running by December this year.
15 Oct 2022
- From a global standpoint investment in the climate tech space is continuing to show strong growth and the mobility and transport sector remains the
15 Oct 2022
- There are different types of subsidies that aim to achieve varied objectives.
14 Oct 2022
- The Board of Absa Bank Kenya has appointed Yusuf Omari to take over as Interim Chief Executive Officer and Managing Director effective 1 November…
14 Oct 2022
- Angola is taking advantage of higher oil prices to accelerate its debt-reduction plans and smooth out repayments to China, its largest creditor.
14 Oct 2022
- Borrowers have begun feeling the pinch of tightening lending rates by the Central Bank of Kenya (CBK), with the cost of loans by commercial banks…
14 Oct 2022
- Tanzanian authorities have lowered park fees for East African citizens to attract more tourists from neighbouring countries.
14 Oct 2022
- The UK will provide 2.2 million pounds ($2.5 million) to support Uganda’s response to an outbreak of Ebola in the East African country.
14 Oct 2022
- MoKo Home + Living, a Kenya-based home furniture manufacturer and omnichannel retailer, has raised $6.5 million during a Series B debt-equity funding…
14 Oct 2022
- KCB Group has disbursed KES 336 billion worth of loans in the last two years for projects that are eco-friendly as the lender deepens its push for…
14 Oct 2022
- The Kenya Shilling has continued to tumble against the US dollar, racing towards the 121 mark on Thursday, which could result in much higher cost of…
14 Oct 2022
- President Ruto has returned three parastatals that had been taken to the National Treasury to their parent ministries in a reorganised government.
14 Oct 2022
- London headquartered multinational alcoholic beverage company Diageo plc has made an offer worth KES 22.73 Billion to acquire additional shares in its
14 Oct 2022
- Africa’s annual exports are expected to double to $540 billion by 2030 from a decade earlier, mainly on the back of shipments from Nigeria to the…
14 Oct 2022
- Better environmental, social, and governance (ESG) market frameworks helped Kenya move up six points to eighth place out of 26 in the latest Absa…
14 Oct 2022
- Agritech company, EzyAgric has partnered with Pezesha (a digital financial marketplace platform for SMEs) to offer a new product that brings Buy Now…
13 Oct 2022
- The National Assembly has released a schedule for vetting President William Ruto’s Cabinet nominees, Secretary to the Cabinet and the Attorney…
13 Oct 2022
- The Treasury has reintroduced regulations in Parliament that will earn whistleblowers who leak capital market fraud up to KES 5 million as the State…
13 Oct 2022
- Kenya’s fuel import bill hit an estimated KES .1.5 billion a day in the opening six months of the year on the back of high global oil prices.
13 Oct 2022
- Nigeria is considering restructuring its debt and extending the repayment period of its credit obligations, and appointed consultants to advise the…
13 Oct 2022
- Maize imports climbed over three times in the three months to June as traders rushed to take advantage of the government waiver of duty on imported…
13 Oct 2022
- Ghana’s annual inflation rate accelerated for the 16th straight month to 37.2% in September of 2022, from 33.9% in August. It was the highest reading…
13 Oct 2022
- Uganda is seeking potential partners in the coming year to develop East Africa’s first nuclear power plant. The project, expected to cost as much as…
13 Oct 2022
- Equity Bank has emerged as the Best Financier for Women Entrepreneurs at the Global SME Finance Awards 2022 organized by the International Finance…
13 Oct 2022
- The Energy and Petroleum Regulatory Authority (EPRA) has revealed that it is considering giving a licence to Tanzanian firm Taifa Gas Investment to…
13 Oct 2022
- NALA, a fintech startup that powers quick remittances from the UK and US to Africa, has launched a new feature that allows Kenyans in the diaspora to…
12 Oct 2022
- Kenya’s current account deficit widened by 9.7 per cent in the second quarter of this year compared to a similar period last year on higher fuel and
12 Oct 2022
- The National Social Security Fund (NSSF) will challenge the High Court ruling that stopped its bid to increase monthly contributions from the current…
12 Oct 2022
- The Capital Markets Authority (CMA) has granted a 'No Objection' to Ndovu app to roll out a robo-advisory solution to the mass market upon the…
12 Oct 2022
- Kenya’s economic growth slowed for a fourth straight quarter as its worst drought in at least 40 years, and pre-election jitters weighed on output.
12 Oct 2022
- Kenya’s economic growth slowed for a fourth straight quarter as its worst drought in at least 40 years, and pre-election jitters weighed on output.
12 Oct 2022
- Over the last few years, Equity Bank completed the acquisition of two lenders; Banque Commercial du Congo (BCDC) and ProCredit Bank.
12 Oct 2022
- The International Monetary Fund (IMF) on Tuesday downgraded its 2023 world economic outlook, citing Russia’s ongoing war against Ukraine, widespread
12 Oct 2022
- The government has hinted at scrapping or amending the privatization act in the latest attempt to help financially struggling State-Owned Enterprise…
12 Oct 2022
- Copia Global, Kenya’s B2C e-commerce platform has appointed Caren Robb as Global Chief Financial Officer with immediate effect, as it deepens its…
12 Oct 2022
- Italian multinational oil and gas company, Eni has exported its first cargo of vegetable oil produced in Kenya for biorefining in its Gela…
12 Oct 2022
- President William Ruto has announced the government's promise to privatise ten companies in the next year through the stock market to end the six-…
12 Oct 2022
- Pawa IT Solutions Ltd is a leading Cloud Computing Tech Company headquartered in Nairobi, Kenya. They focus on Google Cloud Technology and they take…