Month: March 2023
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Economy
List of goodies Africa is to get from Russia as Putin seeks alternative against Western sanctions
Russian President Vladimir Putin has aligned a number of goodies for African states, as he looks away from the West…
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Finance
Why it’s still hard for Kenyan women to successfully run their businesses despite a staggering 87% formal financial access
By Mandira Sharma – Assistant Manager, Banking and Financial Services – MSC Kim Kariuki – Specialist, Banking and Financial Services…
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News
AM Communications inks deal with Alfa Destiny for larger African market
Kenyan public relations and digital consultancy firm AM Communications has partnered with South Africa-based Alfa Destiny Communications in a deal…
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Corporate
National Bank posts Ksh.828 million net profit for FY 2022
National Bank of Kenya has posted a profit after tax of Ksh.828 million for the financial year ending December 31,…
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Finance
Ruto appoints Shadrack Mose as Solicitor General – Who is he?
President William Ruto has appointed Shadrack Mose as Solicitor General.Mose is a practicing advocate of the High Court with more…
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Finance
Kenya’s digital lenders umbrella rebrands to new outfit as loan disbursed hit Ksh.500 billion
Loans disbursed through digital mobile lenders in Kenya hit Ksh.500 billion mark in eight years to 2023, with nearly four…
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Economy
Kenya, Italy agree to remove non-tariff barriers for trade, investment
Both Kenya and Italy have agreed to negotiate on the avoidance of a double-taxation agreement that will usher in higher…
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Commodities
Court throws out lawsuit against Ksh.648.5bn oil project linking Tanzania, Uganda
A court in France has thrown out a lawsuit filed against TotalEnergies by two French and four Ugandan groups over…
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Markets
Kenya faces Ksh.259.3 billion debt maturity in June as yields on Eurobond record mixed performance
The yields on Eurobonds recorded a mixed performance in the week ended March 10, when performance on the 12-year Eurobond…
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Finance
Why corporate owners in Africa are turning to private debt than equities
From small to larger ones, companies in Africa are still grappling with access to credit, more so from domestic banks.This…
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