Business

Kenya Airways Now Seeks Partial Control of JKIA Amidst Adani-Takeover Discussions

Kenya Airways Now Seeks Partial Control of JKIA Amidst Adani-Takeover Discussions

Kenya Airways wants to gain some control of the capital’s biggest airport even as authorities discuss concessions with private players…
Gen Z Protests Push Kenya to Runs to IMF to Help Fight Corruption

Gen Z Protests Push Kenya to Runs to IMF to Help Fight Corruption

Kenya has asked the International Monetary Fund (IMF) for an in-depth assessment of how corruption and mismanagement of state resources…
Kenya Set for First Successive Rate Cut in Four Years

Kenya Set for First Successive Rate Cut in Four Years

The Central Bank of Kenya (CBK) is set to cut interest rates at a second straight meeting for the first…
CS Muturi Officially Launches Customer Service Week at Nairobi’s Huduma Centre

CS Muturi Officially Launches Customer Service Week at Nairobi’s Huduma Centre

Public Service Cabinet Secretary Justin Muturi officially inaugurated this year’s Customer Service Week at the Huduma Centre, GPO, in Nairobi,…
Absa Bank Kenya Commits Ksh. 500 Million to Transformative Projects through New Foundation

Absa Bank Kenya Commits Ksh. 500 Million to Transformative Projects through New Foundation

Absa Bank Kenya has announced a Ksh.500 million seed funding for transformative projects aimed at addressing societal and environmental issues.…
Nigeria Receives $1.57 Billion Loan From World Bank

Nigeria Receives $1.57 Billion Loan From World Bank

The World Bank has approved $1.57 billion in new loans to Nigeria to support health services, education, and dam safety,…
Kenya Inflation Slows to 12-Year Low in September on Food Prices

Kenya Inflation Slows to 12-Year Low in September on Food Prices

Kenya’s annual inflation eased in September to the slowest pace in almost 12 years, helped by weaker growth in food…
CBK Approves 27 More Digital Credit Providers, Bringing Total to 85

CBK Approves 27 More Digital Credit Providers, Bringing Total to 85

The Central Bank of Kenya (CBK) has announced the licensing of an additional 27 Digital Credit Providers (DCPs), bringing the…
Ghana Lowers Interest Rates by Steepest Margin Since 2018

Ghana Lowers Interest Rates by Steepest Margin Since 2018

Ghana’s central bank cut its key interest rate to 27% from 29%, a larger-than-expected reduction, as inflation in the country…
Zimbabwe Devalues Currency, Raises Interest Rates to Curb Inflation

Zimbabwe Devalues Currency, Raises Interest Rates to Curb Inflation

Zimbabwe’s Reserve Bank has devalued its gold-backed currency, the ZiG, by 43% and raised the benchmark interest rate to 35%…
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