Business
OPEC Oil Production Up in September with Nigeria Taking Lead
October 12, 2023
OPEC Oil Production Up in September with Nigeria Taking Lead
OPEC’s crude oil production rose in September compared to August, according to the group’s latest Monthly Oil Market Report (MOMR)…
Kenya is among 8 highly indebted countries that need help
October 12, 2023
Kenya is among 8 highly indebted countries that need help
The International Monetary Fund (IMF) says eight African countries are heavily indebted and need debt restructuring. Kenya and Zambia are…
Shelter Afrique Now a Development Bank After Shareholders’ Approval
October 12, 2023
Shelter Afrique Now a Development Bank After Shareholders’ Approval
Shelter Afrique Shareholders approved revised Statutes to elevate the pan-African housing and urban development financier into a dynamic Development Bank…
Ruto Empowers Forest Rangers in Line With Climate Change Action
October 11, 2023
Ruto Empowers Forest Rangers in Line With Climate Change Action
President William Ruto has said the Government has enhanced the capabilities of forest rangers to protect the country’s forests. The…
NCBA increases loan rates by 1.5% starting November
October 11, 2023
NCBA increases loan rates by 1.5% starting November
NCBA Group has announced plans to increase the cost of its loans second time in a year effective November 1,…
ADMI partners with Women in Real Estate Society to empower construction professionals with digital skills
October 11, 2023
ADMI partners with Women in Real Estate Society to empower construction professionals with digital skills
The Africa Digital Media Institute (ADMI) and Women in Real Estate Society (WIRE) have announced a partnership with the aim…
In Focus; GDP growth projections for EAC member states
October 11, 2023
In Focus; GDP growth projections for EAC member states
Kenya, the biggest economy in East Africa will see its economy grow at the slowest rate in East African Community…
IMF downgrades Sub-Saharan economic growth to 3.3%
October 11, 2023
IMF downgrades Sub-Saharan economic growth to 3.3%
The International Monetary Fund (IMF) has downgraded Sub-Saharan Africa’s growth forecast, its World Economic Outlook report published Tuesday. Growth in…
Controlling the cost of living – an explainer
October 10, 2023
Controlling the cost of living – an explainer
In the battle to bring the cost of living [inflation] under control, there will be no quick fixes or magic…
Kenya Picks Two Banks to Manage its Maturing Ksh.296 bn Eurobond
October 9, 2023
Kenya Picks Two Banks to Manage its Maturing Ksh.296 bn Eurobond
Kenya’s National Treasury has picked Citi and Standard Group as managers in its June 2024 maturing $2 billion (Ksh.296 billion)…