Kenya wired Sh29.86 billion to China in the quarter to September 2021 to ease a standoff over debt repayments that delayed disbursements to projects funded by Chinese loans. Treasury documents …
Category:
Business Policies
Driven by a combination of higher commodity prices, the relaxing of lockdowns and a recovery in global trade, Africa has had some success in overcoming the recession provoked by the …
The Nigerian currency fell slightly against the U.S. dollar on Monday at the official market, after the local unit recorded slight gains on Thursday and Friday last week. The domestic …
Egypt is poised to sign a deal that will see the production of electric vehicles in the country, Minister of the Public Business Sector Hisham Tawfik has said. Three companies …
Egypt will launch its first fleet of buses powered by natural gas next year, Minister of Public Enterprise Hisham Tawfik has said. About 70 per cent of the components used …
The British High Commission has suspended visitor visa applications from all red list countries, including Nigeria. The decision was announced in a statement issued on Sunday, 5 November, by the …
Werno Gevers, a cybersecurity expert at Mimecast shares insights on the role brands play in protecting their customers from cyberattacks. New research has cast a spotlight on the role of …
Multinational companies operating in Kenya will be compelled to disclose their financial records starting January next year in proposed changes by National Treasury aimed at eliminating tax avoidance. Treasury Cabinet …
Concerns over inflation and unlocking credit to the private sector are set to feature as the Central Bank of Kenya (CBK) holds its last Monetary Policy Meeting (MPC) of 2021 …
Business leaders in Kenya and South Africa are pushing for the elimination of barriers that have stunted trade between the two economic powerhouses. This follows a forum by the Kenya …