- When an investor is enrolled in DRIP stocks, it means that incoming dividend payments are used to purchase more shares of the issuing company – automatically.
- United Parcel Service is a logistics and package delivery company that offers services including transportation, distribution, insurance, and financing.
- You can ‘cheat’ from Warren Buffett stocks to find picks for your portfolio. Buffett is usually required to periodically show his holdings in a 13F Filing.
- Kenyans could be hit with higher fuel prices over the next three years should the Kenya Pipeline Company (KPC) be given the nod to increase the transportation
- The East African Business Council (EABC) has this month commissioned a study on the harmonisation of excise duty in the region to bolster trade among member
- Listed agribusiness firm Kakuzi PLC has posted a Sh341.3million half-year net profit, a 75 per cent growth from Sh194.6 million posted within the same period
- Global payments technology company Visa has announced plans to establish local business operations in the Democratic Republic of Congo as it seeks to expand
- Ogilvy Africa has appointed George Ojing as Managing Partner for its Kenya agency, who will be responsible for leading the agency’s mandate on a sizeable
- Shanta Gold, East Africa-focused gold producer, developer and explorer posted a net loss of KSh874.7 million in its West Kenya project last year. This
- Dubai's Emirates has announced plans to suspend flights to Nigeria from 1st September, seeking to limit further losses and impact on its operational costs
- The Board of Directors has appointed Ms Anuja Shirish Pandit as an Independent Non-Executive Director of KCB Group Plc with effect from 16 August 2022.
- Ghana’s central bank increased its benchmark interest rate by its biggest margin to tame inflation and stabilize the nation’s tumbling exchange rate at a
- Kenya’s debt load closed the 2021-2022 fiscal year at Ksh.8.6 trillion, an 11.5 per cent yearly rise in public debt from Ksh.7.7 trillion recorded in June 2021.
- Nation Media Group (NMG) has made public its financial statements for the half year period ended 30th June 2022 reporting a decline both in the topline and
- Uganda has announced it will purchase an emergency short term power of 60 megawatts from Kenya to stabilize supply after last week's heavy rains led to a
- Changera also provides working dollar virtual cards with over $10,000 limits, and can be funded with local currencies - naira, cedis or Kenyan shillings.
- Namibia’s central bank raised borrowing costs by the biggest margin in almost two decades to safeguard its currency peg with South Africa’s rand and curb
- The Capital Markets Authority (CMA) has reviewed the credit rating agencies' guidelines in a bid to enhance best practices on the conduct of sovereign or
- Johannesburg’s municipality intends to buy 500 megawatts of electricity from independent producers to help avert ongoing power outages in South Africa’s
- The Kenya Airports Authority (KAA) moved to court on Tuesday to appeal an order by the Employment and Labor Relations Court after airport employees downed
- UK inflation rose to another 40-year high in July as spiralling food and energy prices continued to intensify the country’s historic squeeze on households.
- The UK has announced plans to cut import taxes on hundreds more products from some of the world's developing countries, as it seeks to boost trade links.
- The world's largest airline, American Airlines has agreed to purchase 20 of the Boom Supersonic Overture aircraft, with an option to add up to 40 more.
- Tanzania’s power utility firm, Tanesco has entered into a joint venture with a United Arab Emirates company to generate a further 2,000MW of electricity using
- Dollar Cost Averaging is an investment strategy in which an investor divides their capital and invests across periodic purchases to cushion from volatility
- August 16, 2022 - Smile Identity, the leading pan-African identity verification provider has today published its inaugural report on the State of KYC report
- There is a new trend in the cryptocurrency market thanks to Dogecoin (DOGE), and Shiba Inu (SHIB). There are already hundreds more meme coins attempting to
- Coffee, which used to be black gold in Tanzania, is rebound due to rising global demand. According to global agricultural polls, there will be a shortage of
- Kenyan-listed agri-business firm, Kakuzi PLC, has entered into a partnership with Driscoll’s, the world’s leading marketer of berries, to grow the local and
- Tanzania Revenue Authority’s (TRA) plans to give tenants a mandate to withhold 10 per cent of house rent in both private and commercial houses to expand the
- Housing development financier Shelter Afrique has announced the appointment of Thierno-Habib Hann as the new Chief Executive Officer to succeed Mr. Andrew