Business

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 African

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 like gas

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) during a

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 budget

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 2022.

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 already

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 round,

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 sustainable

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 living.

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 Asian

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 Pay Later

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 Financial

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 General,

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 moves to

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 government

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 grain to

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 since

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 $9

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 Corporation

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 construct

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 pay

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 KES 200

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 successful

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 (SOEs)

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 focus on

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 biorefinery in Italy.

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-year listing drought at the…

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 pride in

23 Sep 2022 - Orengo appoints taskforce to audit county’s financial operations

22 Sep 2022 - Co-operative bank best in 2022 SFI catalyst awards

22 Sep 2022 - RBA expands services to regional huduma centers

21 Sep 2022 - Sh155 million to boost businesses in Kakuma

17 Sep 2022 - Kenya-India join hands to promote Textile industry