Business

Treasury CS Mbadi Announces Measures for Increased Revenue, Country’s Stability

Treasury CS Mbadi Announces Measures for Increased Revenue, Country’s Stability

Cabinet Secretary (CS) John Mbadi has unveiled a series of measures aimed at boosting revenue and ensuring the stability of…
Kenyan Digital Insurance Platform mTek Partners with BuuPas for Travel Insurance

Kenyan Digital Insurance Platform mTek Partners with BuuPas for Travel Insurance

Kenyan digital insurance platform mTek has joined forces with BuuPass to offer integrated travel insurance coverage. The deal will provide…
Ghana Opens First Gold Refinery to Boost Earnings From Metal

Ghana Opens First Gold Refinery to Boost Earnings From Metal

Ghana opened its first commercial gold refinery in Accra on Thursday, marking a significant step in the country’s efforts to…
Oil Steady After Weekly Gain as Traders Watch for Iran Reprisal

Oil Steady After Weekly Gain as Traders Watch for Iran Reprisal

Oil steadied after its first weekly gain since early July, with the market still waiting for Iran’s response to last…
Bank of Uganda Cuts Interest Rate for First Time in a Year

Bank of Uganda Cuts Interest Rate for First Time in a Year

Uganda’s central bank cut its benchmark interest rate for the first time in a year after revising its inflation forecasts…
U.S, Kenya Set to Conclude Seventh STIP Negotiation Round in Nairobi

U.S, Kenya Set to Conclude Seventh STIP Negotiation Round in Nairobi

The United States and Kenya are expected to finalize their seventh round of negotiations under the Strategic Trade and Investment…
Adani Acquires 95% Stake in Tanzania Container Terminal for $39.5 Million

Adani Acquires 95% Stake in Tanzania Container Terminal for $39.5 Million

Adani Ports and Special Economic Zone Ltd. (APSEZ) has entered into a joint venture with Hutchison Port Holdings Ltd. to…
Jumia Growth Stalls as it Moves to Raise $100 Million in Secondary Shares

Jumia Growth Stalls as it Moves to Raise $100 Million in Secondary Shares

New York-listed African e-commerce company Jumia is planning to sell 20 million American depositary shares over the next couple of…
Standard Bank Kenya Sees Tough Second Half Amid Protests

Standard Bank Kenya Sees Tough Second Half Amid Protests

Stanbic Holdings Plc said Kenya’s credit rating downgrade and uncertainty caused by weeks of protests made for a tough banking…
Ecobank Group’s Profit Before Tax Up $324 Million in HY 2024

Ecobank Group’s Profit Before Tax Up $324 Million in HY 2024

The pan-African banking group Ecobank Transnational Incorporated (ETIT) increased its net revenues to $994 million and its profit before tax…
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