Year: 2023
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Markets
Carbon credit market confidence ebbs as big names retreat
Voluntary carbon markets have shrunk for the first time in at least seven years, as companies including food giant Nestle…
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Economy
Inflation in Kenya slows to 6.7% in August
Inflation in Kenya slowed in August, helped by a month-on-month fall in food prices, the Kenya National Bureau of Statistics…
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Videos
Metropol GMD Omukoko speaks on upcoming summit on Africa Credit Rating
Metropol Corporation Group Managing Director Sam Omukoko is inviting all of you to the Africa Credit Rating Summit on September…
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Videos
Kenya to set up bulk LPG storage facilities at the Kenya Petroleum Refineries
The Government is working towards setting up bulk LPG import handling and storage facilities at the Kenya Petroleum Refineries Limited…
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Economy
State to set up bulk LPG facilities in Mombasa
The Government is working towards setting up bulk LPG import handling and storage facilities at the Kenya Petroleum Refineries Limited…
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Southern Africa
South Africa producer inflation eases to 2.7% in July
South Africa’s producer inflation eased to 2.7% year on year in July from 4.8% in June, Statistics South Africa said…
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Northern Africa
Rwanda, Cameroon announce major changes in military after Gabon Coup
Rwanda and Cameroon announced major changes in their military forces on August 30, 2023 affecting high-ranking military personnel. This happened…
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Corporate
Jubilee declares Ksh.2 interim dividend for shareholders
Jubilee Holdings Limited has declared an interim dividend of Ksh.2 per share. A total of Ksh.144.95 million has been set…
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Corporate
Airtel Uganda seeks over $200 mln in IPO to drive growth
Airtel Uganda aims to raise 800 billion Ugandan shillings ($216 million) by selling a 20% stake to drive its expansion…
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Credit Rating
GCR affirms Afreximbank’s International Scale Long and Short-term Issuer Ratings of A/A2 and A-, with “Stable” Outlook
GCR Ratings (GCR), has affirmed Afreximbank’s international scale long and short-term issuer ratings of A and A2 respectively, citing its…
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