Kenya’s position in Africa’s trade index, as measured by Stanbic Bank, has slipped one place to sixth, following a challenging first half of the year marked by high interest rates. The latest Stanbic ...
Java House, a restaurant chain in East Africa, plans to expand its regional presence to 100 branches by the first quarter of 2025. This strategic move aims to bring its services closer to customers ...
According to the International Labour Organization (ILO), over 2.7 million workers die each year as a result of work-related accidents and diseases. This translates to a daily count of nearly 7,400 ...
This appointment, following regulatory approval, is part of DTB’s strategic reorganization aimed at driving regional growth. Natarajan, formerly the MD and CEO of DCB Bank India, succeeds Nasim Devji, ...
Kenya’s annual inflation rate decreased to 2.7% in October, down from 3.6% in September, the statistics office announced on Thursday. Finance Minister John Mbadi earlier this month suggested that the ...
The International Monetary Fund (IMF) Executive Board has approved the seventh and eighth reviews of Kenya’s economic program, unlocking a $606 million loan disbursement. Kenya and IMF staff reached ...
ICP HUB Kenya and ICP HUB Turkey have partnered to promote Web3 development and blockchain education across both regions (Africa and Eurasia). This collaboration aims to empower developers and ...
Africa’s climate finance landscape has seen a significant uptick, with a 48% increase in flows to US$44 billion in 2021/22. According to the “Landscape of Climate Finance in Africa 2024” report ...
Remittance inflows to Kenya increased by 22.9% in September 2024 compared to the same period in 2023, reaching USD 418.5 million. This uptick contributed to a 14% year-on-year increase in cumulative ...
Access Bank, a leading Nigerian financial institution, has received regulatory approval from the Kenya Competition Authority to acquire the National Bank of Kenya (NBK) from KCB Group. Consequently, ...
The Supreme Court of Kenya overturned the Court of Appeal’s ruling that declared the Finance Act 2023 unconstitutional. The apex court on Tuesday ruled that the Finance Act 2023 is constitutional, ...
Data customer base surged 12.1% due to expanded 4G network and infrastructure upgrades. Data revenue soared to US$335 million in the second quarter. Data usage per customer increased to 5.9 GB per ...