The Competition Authority of Kenya says it has facilitated the release of Sh38 million to 20 motor repairers and 18 motor vehicle assessors who were shortchanged by 18 major insurance …
Banking, Finance & Investment
- EconomyINVESTMENTProduct ComparismTechnologyTelecommunicationsUncategorized
- AgricultureBusinessEconomyFood ProductionINVESTMENT
Traders Begin to Import Maize to Address Shortages
Kenya has begun importing maize to address a biting shortage that has left 3.1 million people in arid and semi-arid lands without enough food. Most of the maize consignment is …
- AgricultureBusinessFood ProductionINVESTMENT
Kenya’s Khat Producers Eager To Resume Exports To Somalia
As the afternoon sun starts to dip over central Kenya, the town of Maua buzzes with activity as the khat harvest arrives. For decades, over half a million people in …
- Banking, Finance & InvestmentBusinessEconomyNigeriaWestern Africa
Investors dump bank shares as Nigerian stocks sheds N749.8 billion
Nigerian stocks capped a bearish week with depreciation worth N749.8 billion on Friday as the main equity index shed 1.21 per cent, a retreat triggered by sell-off in bank shares. …
- Banking, Finance & InvestmentBusinessSouth AfricaTechnology
Kenya Archives In Diaspora Inflows As It Emerges Worldremit’s Top 3 Markets
Kenya has established itself as a market with increased diaspora inflows after a report by global payments company, World remit indicated that it was among the top 3 countries in …
- BusinessEconomyEntrepreneurshipINVESTMENT
Kenya, Zambia Commit To Joint Efforts Towards Removals Of Trade Barriers
Kenya and Zambia have agreed to work together towards removing barriers that hinder trade and investment between the people of the two countries. President Kenyatta said his discussions with visiting …
The National treasury now says fuel prices could increase further as the government seeks to gradually remove the subsidy cushioning kenyans against high cost. In a statement, Cabinet Secretary Ukur …
- AfricaBanking, Finance & InvestmentCOVID-19NigeriaWestern Africa
FirstBank secures $150 million Afreximbank facility
Afreximbank (African Export Import Bank) has announced the disbursement of a $150 million finance facility to First Bank of Nigeria Limited under its Pandemic Trade Impact Mitigation Facility (PATIMFA). FirstBank, …
- Banking, Finance & InvestmentBusinessINVESTMENTSouthern Africa
Ecobank, Access Holdings, Cornerstone top stocks to watch this week
Nigerian stocks last week were slightly up by 0.55 per cent after seeing a slide the previous week, underscoring the strong appeal of equities to investors at a time of …
- Banking, Finance & InvestmentSouth Africa
Standard Bank appoints Yewande Sadiku as Head of Investment Banking, International.
Standard Bank has announced the appointment of Yewande Sadiku, the immediate past CEO of the Nigerian Investment Promotion Council (NIPC), as Head of Investment Banking, International. This was confirmed via …