Browsing: Finance

The Central Bank of Kenya (CBK) slashed the key lending rate by the largest margin since the onset of the…...

Stanchart Chartered Bank of Kenya and Kenya Commercial Bank (KCB) have the highest loan exposure in government entities as of…...

Kenya’s gross domestic product (GDP) fell to 4.6 per cent in the three months leading up to June from 5.6…...

The Nairobi Securities Exchange (NSE) has topped its African peers in returns for foreign investors in the nine months to…...

AXA Climate announces the official launch of Altitude for businesses, an innovative platform designed to measure the impact of climate risks, implement an adaptation…

Ghana’s central bank slashed its base lending rate by 200 basis points to 27 per cent on Friday, the first…...

Two days ago, a Kenyan High Court declared the Privatisation Act unconstitutional, a move that could sour the country’s relations…...

Nigeria’s Central Bank has raised its benchmark lending rate by 50 basis points to 27.5 per cent attributed to the…...

On September 25, 2024, the pan-African group AXIAN announced its entry into the capital of the Ivorian start-up WiASSUR, specialized…...

Kenya’s external borrowing next year is projected to fall to $1.29 billion from $2.76 billion in the current financial year…...

Ecobank Kenya lost millions of dollars between 2020 and 2022 following the failure of its card operations team to upload…...

Uganda’s stock of domestic debt grew to $10.92 billion in June from $9.28 billion recorded in a similar period last…...

Kenya is yet to receive new funding from the International Monetary Fund, after a team from the lender concluded a…...

Kenya’s Treasury has cut its tax target for the next financial year by $2.59 billion amid public outrage that saw…...

The African Trade and Investment Development Insurance (ATIDI) has announced a donation of USD 40,000 to Street Child to build…

East African Breweries Limited (EABL) is looking to raise its stake in one of its Ugandan subsidiaries that will see…...

Kenya’s inflation rose slightly to 4.4 per cent in August from 4.3 per cent in the month before, attributed to…...

By Par Monceyf Fadili  and Prudence Adjanohoun This article aims to contribute to the debate within the framework of the first…

LONDON – AUGUST 22, 2024 09:39 AM (EDT) AM Best has assigned a Financial Strength Rating of B (Fair) and…

Dr. Samuel Munzele Maimbo, originally from Zambia, has been officially nominated by the Southern African Development Community (SADC) as their…...

Kenya’s Central Bank governor Kamau Thugge has been sermoned by the members of parliament over an undisclosed German firm that…...

Equity Group, a listed lender on the Nairobi Securities Exchange (NSE), has reported a 12.1 percent growth in net profit…...

The Ethiopia Securities Exchange (ESX) is set to go live in October, according to the state-owned media. The country has…...

The Central Bank of Kenya (CBK) has announced it is making changes to some notes to have them bear the…...

Kenya’s inflation in July fell to 4.3 per cent from 4.6 per cent a month earlier, according to newly published…...

Kenya’s Court of Appeal on Wednesday declared the Finance Act 2023 unconstitutional dealing a blow to President William Ruto. The…...

The World Bank has approved $1.5 billion financing for Ethiopia, a few days after the Horn of Africa nation devalued…...

Ethiopia’s central bank has revealed the recent devaluation of the birr has been an attempt to secure funding from the…...

South Africa’s central bank has kept its benchmark interest rate unchanged at 8.25 per cent in a split decision for…...

Kenya’s banking sector posted an 8.8 per cent decrease inprofitability in 2023 from $1.83 billion (Ksh240.4 billion) in December 2022,…...