Business

Absa Bank Kenya Advances Ksh.204 Billion in Sustainable Finance in Four Years

Absa Bank Kenya Advances Ksh.204 Billion in Sustainable Finance in Four Years

Absa Bank Kenya has stepped up its investment in sustainable finance, lending more than Ksh.204 billion between 2022 and 2025…
KRA on Spot as Records Show Ksh.629 Billion Missing in China Imports

KRA on Spot as Records Show Ksh.629 Billion Missing in China Imports

A massive discrepancy between Kenya’s import records and China’s export data has renewed concerns over possible tax leakages and trade…
Oil Prices Ease as US-Iran Pause in Hostilities Calms Market Fears

Oil Prices Ease as US-Iran Pause in Hostilities Calms Market Fears

Global oil prices edged lower on Monday, with crude slipping toward $83 per barrel, as signs of easing tensions between…
South Africa Targets $609 Million Venture Capital Raise as Startup Exits Gather Momentum

South Africa Targets $609 Million Venture Capital Raise as Startup Exits Gather Momentum

South Africa is preparing for one of its biggest venture capital fundraising drives yet, with the SA SME Fund planning…
Unpredictable Policies Emerge as Top Concern for Investors Eyeing Kenya

Unpredictable Policies Emerge as Top Concern for Investors Eyeing Kenya

Unpredictable government policies have overtaken tax incentives as the biggest concern for investors considering Kenya, signalling a shift in what…
CBK Raises Weekly Treasury Bill Target to Sh28 Billion as Borrowing Needs Grow

CBK Raises Weekly Treasury Bill Target to Sh28 Billion as Borrowing Needs Grow

The Central Bank of Kenya (CBK) has increased its weekly Treasury bill borrowing target from Ksh.24 billion to Ksh.28 billion,…
Angola Secures $900 Million From China for New Port Terminal

Angola Secures $900 Million From China for New Port Terminal

Angola has secured a $900 million (about Ksh.116 billion) private investment to build and operate a new port terminal at…
Nedbank Secures 79% Shareholder Support to Acquire NCBA Group

Nedbank Secures 79% Shareholder Support to Acquire NCBA Group

South Africa’s Nedbank has secured overwhelming shareholder support for its planned acquisition of a 66% stake in Kenya’s NCBA Group.…
European Bank Forays into Senegal With €15 Million in Trade Finance Deal

European Bank Forays into Senegal With €15 Million in Trade Finance Deal

The European Bank for Reconstruction and Development (EBRD) has made a foray into Senegal, after the board approved a trade…
Building Wealth in Uncertain Markets

Building Wealth in Uncertain Markets

By David Macharia The financial world is experiencing significant volatility driven by global supply chain disruptions that continue to affect…
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