Markets
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Gen Z Anti-Tax Protests Forces Moody’s to Downgrade Kenya’s Rating to Caa1
Moody’s Ratings (Moody’s) has downgraded Kenya’s local and foreign-currency long-term issuer ratings and foreign-currency senior unsecured debt ratings to Caa1…
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Namibia Inks MoU for Lofdal Thorium Offtake
Namibia Critical Metals has signed a nonbinding memorandum of understanding (MoU) with Copenhagen Atomics (CA) to sell thorium produced from…
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Kapchorua Tea Profit Up 27% to Ksh.399 Million
Kapchorua Tea’s year-on-year Profit after Tax (PAT) jumped to 27% to Ksh.399.4 million from Ksh.314.5 million in the financial year…
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7 More DCPs Meet CBK Requisite Measures to Operate in Kenya
The Central Bank of Kenya (CBK) has licensed an additional 7 Digital Credit Providers (DCPs), bringing the total number of…
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Kenya Shilling Weakens Against Dollar as President Ruto Rescinds Finance Bill, 2024
The Kenya Shilling faced a slight devaluation against the US Dollar following President William Ruto’s decision to retract the controversial…
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Tala Eyes Other African Markets as It Marks 10th Anniversary [VIDEO]
Tala Kenya has announced plans to expand to the rest of East African regions as it seeks to grow its…
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IFC’s Fintech Fund to Work with Metropol for Africa’s Creative Economy
The International Finance Corporation (IFC) is spearheading the development of a high-tech/fintech fund dedicated to nurturing the African creative economy.…
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Metropol CRB CEO Kipyakwai Applauds Tala’s Data-Driven Approach to Financial Inclusion on 10th Anniversary
The financial landscape has over the years evolved in Kenya, and at the forefront of this transformation is Tala. This…
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U.S Companies Flee Nigeria, But Asian and Turkish Firms Are Stepping In
As US and Europe-based multinationals exit Nigeria, Asian and local companies are stepping in to fill the void. Last week,…
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Key Items That Have Been Removed From Finance Bill, 2024
The Kenya Kwanza Parliamentary Group made adjustments to the Finance Bill for 2024/2025 at a media briefing on Tuesday morning,…
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