Hotel owners could soon face a hefty interest fee if they don’t repay the loan they secured from commercial banks as part of the stimulus package put forth by the …
Eastern Africa
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Khat exporters in Ethiopia facing a business slowdown following a new deal signed between the governments of Kenya and Somalia. Ethiopia had a comparative advantage for the last two years …
Kenyans head to elections on Tuesday with business leaders upbeat about a peaceful political transition and no major disruptions to the economy, a departure from the fear of downturns associated …
Visa has announced a grant towards the Africa women impact fund(AWIF), a collaboration between Standard Bank and United Nations Economic Commission for Africa (UNECA). with 55 women who participated in …
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IEBC fires four poll officials on eve of Kenya elections
Four officials of the Independent Electoral and Boundaries Commission (IEBC), who were found holding a meeting at the home of a former member of the county assembly (MCA) aspirant in …
Panic shopping set in across Nairobi from last Friday as Kenyans braced for a hotly contested presidential polls election Tuesday. Despite government assurances that on August 9 will cause no …
Kenya has listed 14 merchandise and service sectors for trade under the African Continental Free Trade (AfCFTA), as it becomes among the first six to pilot the continental pact. This …
The government of Kenya has given assurance that there will be enough maize flour, commonly known as unga, on the shelves in the coming days. Speaking to the press in …
- Banking, Finance & InvestmentEastern AfricaEconomy
NBK Secures Sh1.2bn To Enhance Financing To Public And Private Water Utility Firm
The National Bank of Kenya (NBK) has secured Sh1.2billion from impact investor, Water Equity, to enhance financing to public and private water utility companies and micro, small, and medium-sized enterprises. …
CIC Insurance Group Plc has posted a 45 per cent growth in half-year profit to Sh376.3million from Sh259.5 million in the same period last year. The improved performance is on …