Year: 2023
-
Politics
Ezra Chiloba suspended barely 2 yrs in office
The Director General of the Communications Authority of Kenya, Ezra Chiloba has been suspended indefinitely. His suspension was announced on…
Read More » -
Corporate
NCBA expands footprint into Migori to serve traders, neighboring regions
NCBA Bank has extended its presence to Migori County, situated on the border, with an eye on serving traders in…
Read More » -
Wealth Creators
Aga Khan gains $4.5 million from Jubilee Holdings to emerge among NSE richest investors
Shah Karim al-Husayni (Aga Khan IV) has seen the market value of his stake in Jubilee Holdings, increase by millions…
Read More » -
Wealth Creators
Afrobeats star Burna Boy to earn $1 million for Uganda’s stadium opening
Nigerian artist Burna Boy, a torchbearer of Afrobeats, is poised to grace the grand opening of Kampala’s revamped Nakivubo War…
Read More » -
Markets
Kenya banks’ lending rates hit a 65-month high of 13.5%; What does it mean?
The average lending rate offered by commercial banks in Kenya has surged to its highest level in 65 months, reaching…
Read More » -
Corporate
Safaricom, Apple strike deal to expand M-Pesa global reach
Safaricom has laid plans for a strategic partnership with Apple Inc., in a bid to increase M-Pesa’s global reach. The…
Read More » -
Economy
Oil Marketers under financial pressure over soaring fuel prices
Oil marketers in Kenya are grappling with increased working capital requirements due to a combination of rising global fuel prices…
Read More » -
Southern Africa
AfDB Grants Mozambique Ksh.987.5 million for business environment, governance
The Board of Directors of the African Development Fund has given the green light to a grant of Ksh.987.5 million…
Read More » -
International
AfDB urges stronger Korea-Africa cooperation for sustainable development
Akinwumi Adesina, the President of the African Development Bank Group, has delivered a compelling message at the 7th Korea-Africa Economic…
Read More » -
Credit Rating
AU to launch Credit Agency for Africa
The African Union plans to launch its own credit ratings agency come 2024. This is to address the union’s concern…
Read More »
