Business
Parliament rejects request to repeal interest rate capping
September 18, 2019
Parliament rejects request to repeal interest rate capping
Kenyan parliamentary committee has rejected a request from the Finance Ministry to scrap the cap on commercial interest rates imposed…
President Kenyatta assents to Division of Revenue Bill 2019
September 18, 2019
President Kenyatta assents to Division of Revenue Bill 2019
President Uhuru Kenyatta signed into law the Division of Revenue Bill 2019 paving the way for the release of funds…
Rwanda and Uganda leaders to meet over witnessed tension between two countries
September 18, 2019
Rwanda and Uganda leaders to meet over witnessed tension between two countries
Ugandan President Yoweri Museveni and his Rwandan counterpart Paul Kamage have agreed to meet following the tension-like situation between the…
Tala suspends its financial services in Tanzania
September 18, 2019
Tala suspends its financial services in Tanzania
Tala, a global digital lending App has announced its decision to suspend operations in Tanzania. MetroplTV Digital desk has learned…
Cabinda crude oil price falls to seven-month low in August; Angolan production edges up
September 17, 2019
Cabinda crude oil price falls to seven-month low in August; Angolan production edges up
Focus Economics…The average price of Angola’s Cabinda crude fell from USD 64.9 per barrel (pb) in July to USD 60.7…
Apple cries foul over EU tax order
September 17, 2019
Apple cries foul over EU tax order
Reuters….The European Union’s order for Apple (AAPL.O) to pay 13 billion euros ($14 billion) in back taxes to Ireland “defies…
CBK out to close sale of treasury bonds worth Ksh.50 billion
September 17, 2019
CBK out to close sale of treasury bonds worth Ksh.50 billion
The Central Bank of Kenya (CBK) is expected to close out its sale of Ksh.50 billion worth of treasury bonds…
Kenyan teacher Peter Tabichi meets U.S President Donald Trump
September 17, 2019
Kenyan teacher Peter Tabichi meets U.S President Donald Trump
The 2019 global Teacher Prize victor Petr Tabichi met US President Donald Trump on Monday ahead of his special address…
Kenya, among top African countries leading in digital economy
September 17, 2019
Kenya, among top African countries leading in digital economy
A report by the United Nations on Trade and Development (UNTD) shows that Kenya is among the five top countries…
Government locked out as yellow maize markets close on imports
September 17, 2019
Government locked out as yellow maize markets close on imports
The Ministry of Agriculture has delayed on expediting importation of yellow maize for live stocks into the country, sparing a…