Business

Uganda Confirms Central Bank Hacking, Refutes $17 Million Claim

Uganda Confirms Central Bank Hacking, Refutes $17 Million Claim

Uganda’s finance ministry confirmed media reports that hackers breached the central bank’s systems and stole money, but refuted claims that…
NCBA Bank Moves to Kitui for Local Empowerment with New Branch

NCBA Bank Moves to Kitui for Local Empowerment with New Branch

NCBA Bank has opened a new branch in Kitui, reinforcing its dedication to accessible financial services and local community support.…
Nigeria Secures $2.2B in First Eurobond Issue Since 2022

Nigeria Secures $2.2B in First Eurobond Issue Since 2022

Nigeria has raised $2.2 billion in its latest Eurobond auction, the first since March 2022, to address its widening fiscal…
Kenyan Businessman Freed on Bail in Ksh.4.5 billion Fraud Case

Kenyan Businessman Freed on Bail in Ksh.4.5 billion Fraud Case

Benson Ndeta, chairman of Savannah Clinker, has been released on bail by the High Court following his arrest in connection…
Kenya to Access $1.5 Billion UAE Loan in Phases to Stay Within IMF Debt Limits

Kenya to Access $1.5 Billion UAE Loan in Phases to Stay Within IMF Debt Limits

Kenya plans to access a $1.5 billion loan from Abu Dhabi in phases to ensure compliance with borrowing limits set…
Kenya to Introduce 1% Levy on Park Entry Fees to Boost Wildlife Conservation

Kenya to Introduce 1% Levy on Park Entry Fees to Boost Wildlife Conservation

Kenya, renowned for its world-famous safaris featuring iconic wildlife such as elephants, lions, and wildebeests, has unveiled plans to introduce…
Family Bank Celebrates 40 Years of Empowering Communities, Economic Growth

Family Bank Celebrates 40 Years of Empowering Communities, Economic Growth

Family Bank has marked its 40th anniversary with a celebration of its unwavering commitment to empowering communities, fostering economic growth,…
KNCCI Calls for Improved Credit Access to Boost SMEs Growth

KNCCI Calls for Improved Credit Access to Boost SMEs Growth

The Kenya National Chambers of Commerce and Industry (KNCCI) has stepped up efforts to push access to credit for Small…
All Eyes on Africa: What the G20 Summit Means for the Continent’s Future

All Eyes on Africa: What the G20 Summit Means for the Continent’s Future

This week marks a historic milestone for Africa as the continent takes its place at the G20 Summit as a…
Kenya’s FX Reserves Hit Three-Year High on Increased Inflows

Kenya’s FX Reserves Hit Three-Year High on Increased Inflows

Kenya’s foreign-exchange reserves have surged to their highest level in three years as capital inflows into the country accelerate, and…
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