Business
South Africa Keeps Interest Rate Unchanged at Amid Inflation Concerns
January 25, 2024
South Africa Keeps Interest Rate Unchanged at Amid Inflation Concerns
The South African Reserve Bank (SARB) has kept its key repo rate at 8.25%, the highest level since 2009, as…
NMG, The Standard Hit After State Directs All Print Ads to The Star Newspaper
January 25, 2024
NMG, The Standard Hit After State Directs All Print Ads to The Star Newspaper
The government has dealt a blow to the mainstream media by directing all its print ads to a single media…
Metropol CRB CEO Kipyakwai Calls for Economic Policy Reforms to Match Current Realities
January 25, 2024
Metropol CRB CEO Kipyakwai Calls for Economic Policy Reforms to Match Current Realities
Metropol CRB Chief Executive Officer, Gideon Kipyakwai, has called upon policymakers to reform the country’s economy to suit the current…
Ivory Coast Raises $8 Billion in Oversubscribed $2.6 Billion Bond Offering
January 24, 2024
Ivory Coast Raises $8 Billion in Oversubscribed $2.6 Billion Bond Offering
Ivory Coast has made comeback to the international bond market, issuing its first dollar bonds since 2017 and managed to…
Central Bank of Nigeria Governor Expects Inflation to Moderate and Describes Naira as Undervalued
January 24, 2024
Central Bank of Nigeria Governor Expects Inflation to Moderate and Describes Naira as Undervalued
In his first public comments on the economy since November, Governor Olayemi Cardoso of the Central Bank of Nigeria described…
AfDB, UK Inject $2 Billion into KPLC for Climate Change Action
January 24, 2024
AfDB, UK Inject $2 Billion into KPLC for Climate Change Action
African Development Bank (AfDB) and the United Kingdom have announced that Kenya’s Transmission Network Improvement Project will benefit from the…
Government Allocates Over Ksh.700 Million on Kerio Valley Projects
January 24, 2024
Government Allocates Over Ksh.700 Million on Kerio Valley Projects
The Kenyan government has announced plans to invest more than Ksh.700 million in crucial projects within the Kerio Valley region.…
Twiga Foods, Incentro Africa Resolve Dispute, Renew Partnership
January 24, 2024
Twiga Foods, Incentro Africa Resolve Dispute, Renew Partnership
Twiga Foods and Incentro Africa have announced the renewal and strengthening of their partnership after successfully resolving a dispute. This…
Saudi Now Biggest Remittance Source to Kenya at 66% Outpacing U.S
January 24, 2024
Saudi Now Biggest Remittance Source to Kenya at 66% Outpacing U.S
Saudi Arabia has taken lead as the biggest contributor of remittances to Kenya, accounting for 66 percent of the rise…
Nigeria Opens Up Forex Market to Tackle Naira Crisis
January 24, 2024
Nigeria Opens Up Forex Market to Tackle Naira Crisis
The naira has been under pressure from low oil prices, dwindling foreign reserves, and a huge backlog of dollar demand…