Year: 2023
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Economy
Proposed Taxes to raise vehicle costs in Kenya
The Kenyan government is considering implementing a series of tax measures aimed at both wealth generation and environmental protection. These…
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Economy
World Bank – Global debt returning to its rising trend
The global debt burden retreated for the second year in a row, even though it remains above its already-high pre-pandemic…
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Corporate
Five key objectives in Nigeria’s $3 billion loan from Afreximbank
Nigeria and Afreximbank reached an understanding for an immediate support facility that will see west African nation receive $3 billion…
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News
Metropol Corporation to hold Ratings Summit to explore 3 major issues in Africa
Use of credit rating to facilitate credit transactions in both private and public sectors has remained low, and misunderstood, amidst…
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West Africa
Housing Minister Dangiwa succeeds Fashola as Chairman of Shelter Afrique AGM Bureau
Nigeria’s newly appointed Minister for Housing and Urban Development, Architect Ahmed Musa Dangiwa, has taken over the chairmanship of Shelter…
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West Africa
ECOWAS, its partners mobilize to strengthen cybersecurity in West Africa
The Economic Community of West African States (ECOWAS) and its partners are mobilizing support to strengthen cybersecurity in West Africa…
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Wealth Creators
Muriuki tops Co-op bank as lead individual shareholder after purchasing 14.6 million worth of shares
Gideon Muriuki, the Chief Executive Officer (CEO) of Co-operative Bank of Kenya, purchased 14.6 million shares worth Ksh.173 million ($1.2…
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Corporate
Nigeria’s Tony Elumelu-led UBA posts $512 million half year profit
United Bank for Africa Plc (UBA), the prominent pan-African financial services group led by Nigerian tycoon Tony Elumelu, has sent…
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Economy
Africa climate smart innovative financing instruments required
The Africa Climate Summit ended in a not very high tone as expected by the participants and especially the civil…
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Currencies
Dhow CDS is a Game Changer into Kenya’s Security Market
The Central Bank of Kenya (CBK) has again led the park by officially launching Dhow CDS, a central depository infrastructure…
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