Business

New York-listed African e-commerce company Jumia is planning to sell 20 million American depositary shares over the next couple of…

Stanbic Holdings Plc said Kenya’s credit rating downgrade and uncertainty caused by weeks of protests made for a tough banking…

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

Fitch Ratings has downgraded Dangote Industries Limited’s (DIL) credit rating to B+ and placed the company on ratings watch negative,…

Emerging market assets recovered some of their losses on Tuesday following a significant sell-off the previous day. Gains were limited…

Johannesburg, renowned as Africa’s wealthiest city due to its high concentration of businesses and millionaires, is grappling with a staggering…

The National Assembly has passed the Pensions (Amendment) Bill, 2022, aimed at expediting the processing and payment of pensions. The…

The Central Bank of Kenya (CBK) has cut its benchmark interest rate for the first time in over four years.…

Seychelles and Mauritius have emerged as the top investment destinations in Africa, outperforming the continent in terms of economic performance,…

The Central Bank of Kenya (CBK) has announced changes to the Kenyan currency banknotes, in line with its mandate to…