Business

The Tanzanian government, on February 23, 2024, signed a financing agreement with the African Development Bank (AfDB) worth TSh.231.3 billion…

The Kenya Shilling has strengthened against the US Dollar, rebounding from a 1% decline last Friday. Data from the Central…

Safaricom Investment Co-operative shareholders have given the nod to a Ksh. 142.4 million rebate payout. This follows the announcement of…

Kenya has been added onto the “gray list” by the Financial Action Task Force (FAFT) once again. This means Kenya…

Vestas has completed the divestiture of its 12.5% stake in the Lake Turkana wind project to the Climate Finance Partnership…

The US Dollar is gradually regaining its glory in the local market, ending the week at 1% against the Kenya…

Kenya plans to price it’s $500 million Samurai Bond at an attractive rate of between 1% and 2%. The move…

Kenya and Ethiopia have signed deals in seven areas in a strategic framework agreement. The deals were signed during the…

East Africa’s economy is expected to reach 5.1 percent and 5.7 percent in 2024 and 2025, respectively – according to…

Safaricom has cut its dividend payout to shareholders to Ksh.0.55 per ordinary share. This represents a 5.1% decrease from the…