Economy
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Financial Struggles Among Kenyans as 84% Lack Faith in State
Old Mutual unveiled its financial service monitor on February 7 at the Radisson Blue in Nairobi, with a report painted…
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Sub-Saharan Africa Financing Conditions Tough, Says IMF
The International Monetary Fund says financing conditions for sub-Saharan African economies are likely to remain constrained for a while amid…
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List of Africa’s Billionaires in 2024; Who Are They?
The wealth of Africa’s richest individuals has seen a slight increase over the past year and has reversed the previous…
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Niger Suspends Issuing New Mining Licenses
Niger has temporarily suspended the granting of new mining licences and will begin an audit of the sector. In a…
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Court of Appeal Directs Govt to Halt Housing Levy Deductions
Court of Appeal directed the government to cease deductions related to the Housing Levy on Friday until all pending lawsuits…
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South Africa Keeps Interest Rate Unchanged at Amid Inflation Concerns
The South African Reserve Bank (SARB) has kept its key repo rate at 8.25%, the highest level since 2009, as…
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Metropol CRB CEO Kipyakwai Calls for Economic Policy Reforms to Match Current Realities
Metropol CRB Chief Executive Officer, Gideon Kipyakwai, has called upon policymakers to reform the country’s economy to suit the current…
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Central Bank of Nigeria Governor Expects Inflation to Moderate and Describes Naira as Undervalued
In his first public comments on the economy since November, Governor Olayemi Cardoso of the Central Bank of Nigeria described…
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IMF Sees Global Growth Aided by 2023 Tail Winds
The global economy is set to receive a boost in 2024 from a slightly stronger-than-anticipated performance last year, according to…
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Kenya Responds to Tanzania on Decision Suspending Passenger Flights to Dar
Kenya Airways (KQ) has responded to Tanzania’s decision to suspend its passenger flights to Dar es Salaam, in what appears…
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