Business
Shelter Afrique, DRC sign MOU to scale-up affordable housing projects
September 21, 2023
Shelter Afrique, DRC sign MOU to scale-up affordable housing projects
Shelter Afrique has signed a Memorandum of Understanding (MoU) with the government of the Democratic Republic of Congo (DRC) to…
Ruto inks Ksh.8.7 billion deal with US firm for electric buses
September 20, 2023
Ruto inks Ksh.8.7 billion deal with US firm for electric buses
President William Ruto signed a Ksh.8.7 billion deal with the United States (US) foreign aid agency MCC for the acquisition…
Air-France KLM Group Soars Towards Pre-Pandemic Levels, Expects Full Recovery By 2024
September 20, 2023
Air-France KLM Group Soars Towards Pre-Pandemic Levels, Expects Full Recovery By 2024
Air-France KLM group airline expects Available Seats per Kilometer (ASK) among its airlines to go back to 2019 levels from…
Meet Christopher Wambua, man replacing Chiloba as Director General, CA
September 18, 2023
Meet Christopher Wambua, man replacing Chiloba as Director General, CA
Christopher Wambua will, until further notice, run the show at the Communications Authority of Kenya (CA) as the Director General…
NCBA expands footprint into Migori to serve traders, neighboring regions
September 18, 2023
NCBA expands footprint into Migori to serve traders, neighboring regions
NCBA Bank has extended its presence to Migori County, situated on the border, with an eye on serving traders in…
Kenya banks’ lending rates hit a 65-month high of 13.5%; What does it mean?
September 18, 2023
Kenya banks’ lending rates hit a 65-month high of 13.5%; What does it mean?
The average lending rate offered by commercial banks in Kenya has surged to its highest level in 65 months, reaching…
Safaricom, Apple strike deal to expand M-Pesa global reach
September 18, 2023
Safaricom, Apple strike deal to expand M-Pesa global reach
Safaricom has laid plans for a strategic partnership with Apple Inc., in a bid to increase M-Pesa’s global reach. The…
Oil Marketers under financial pressure over soaring fuel prices
September 18, 2023
Oil Marketers under financial pressure over soaring fuel prices
Oil marketers in Kenya are grappling with increased working capital requirements due to a combination of rising global fuel prices…
World Bank – Global debt returning to its rising trend
September 13, 2023
World Bank – Global debt returning to its rising trend
The global debt burden retreated for the second year in a row, even though it remains above its already-high pre-pandemic…
Five key objectives in Nigeria’s $3 billion loan from Afreximbank
September 13, 2023
Five key objectives in Nigeria’s $3 billion loan from Afreximbank
Nigeria and Afreximbank reached an understanding for an immediate support facility that will see west African nation receive $3 billion…