Browsing: Business & Economy
NAIROBI, Kenya — The Aga Khan Fund for Economic Development (AKFED) has agreed to sell its controlling stake in Nation Media Group (NMG), East Africa’s…
NAIROBI, Kenya — Although the conflict between Israel and Iran is unfolding more than 7,000 kilometres away, its economic aftershocks are being felt sharply in…
NAIROBI, Kenya — Kenya Airways (KQ) has temporarily suspended flights to Dubai and Sharjah following the closure of airspace in the United Arab Emirates (UAE)…
NEW YORK, United States — PayPal, one of the world’s largest digital payments platforms, has revealed a data exposure incident affecting a subset of its…
Motorists across Kenya will pay less at the pump over the next month after the Energy and Petroleum Regulatory Authority (EPRA) announced reductions in the…
NAIROBI, Kenya — Equity Bank has revised its loan pricing structure following the Central Bank of Kenya’s (CBK) decision to reduce the Central Bank Rate…
NAIROBI, Kenya — The Central Bank of Kenya (CBK) has lowered its benchmark lending rate by 25 basis points to 8.75 per cent, in a…
KAMPALA, Uganda — Uganda’s capital markets continue to reflect a highly concentrated ownership structure, with a small group of wealthy individuals commanding a disproportionate share…
KAMPALA, Uganda — Uganda’s ambitions to secure domestic fuel supplies through centralized, state-led imports are being constrained by structural bottlenecks, including restrictions on tanker vessel…
NAIROBI, Kenya — Hundreds of thousands of Kenyan households are facing fresh uncertainty after KOKO Networks, a clean-cooking company specializing in ethanol fuel and smart…