Business
Kenya Allocates Over Half of Tax Revenues to Debt Servicing
January 22, 2024
Kenya Allocates Over Half of Tax Revenues to Debt Servicing
Kenya faced a substantial fiscal challenge in the first half of the 2023/24 financial year as over half of the…
Kenya overtakes Nigeria in Startup Funding with $800 Million Raised
January 19, 2024
Kenya overtakes Nigeria in Startup Funding with $800 Million Raised
Kenya surpassed Nigeria as the top destination for startup funding in Africa in 2023, with about $800 million raised by…
Nigeria Grappling With Forex Shortage to Clear Backlog – Fitch
January 19, 2024
Nigeria Grappling With Forex Shortage to Clear Backlog – Fitch
Fitch announced Thursday that the Central Bank of Nigeria (CBN) is still grappling with a foreign exchange shortage needed to…
Cytonn Fails to Stop its 40-acre Land Takeover
January 18, 2024
Cytonn Fails to Stop its 40-acre Land Takeover
The High Court has granted permission to the Official Receiver to assume control of a 40-acre land in Ruiru, Kiambu…
China’s Total Export, Import Value Generally Stable in 2023: Official
January 17, 2024
China’s Total Export, Import Value Generally Stable in 2023: Official
China’s total import and export value had remained stable in general with an improving trading structure in 2023, said an…
IMF Sees Global Growth Aided by 2023 Tail Winds
January 16, 2024
IMF Sees Global Growth Aided by 2023 Tail Winds
The global economy is set to receive a boost in 2024 from a slightly stronger-than-anticipated performance last year, according to…
Kenya Responds to Tanzania on Decision Suspending Passenger Flights to Dar
January 16, 2024
Kenya Responds to Tanzania on Decision Suspending Passenger Flights to Dar
Kenya Airways (KQ) has responded to Tanzania’s decision to suspend its passenger flights to Dar es Salaam, in what appears…
Moody’s Sees Better Economic Futures on Tshisekedi’s Re-election
January 15, 2024
Moody’s Sees Better Economic Futures on Tshisekedi’s Re-election
The Democratic Republic of the Congo’s Constitutional Court confirmed President Felix Tshisekedi’s re-election on January 9, which Moody’s said rubberstamps…
Kenya Shilling Gains 0.18% in Value Against US Dollar
January 15, 2024
Kenya Shilling Gains 0.18% in Value Against US Dollar
The Kenya shilling held steady against the US Dollar, opening Monday at 159.6 units, a slight improvement from its closing…
Equity Bank Rwanda Commissions 3rd cohort of its Equity Leaders Program
January 13, 2024
Equity Bank Rwanda Commissions 3rd cohort of its Equity Leaders Program
Equity Bank Rwanda has welcomed 36 new scholars into its Equity Leaders Program (ELP), a mentorship and leadership development initiative…