KCB Group has announced plans to acquire a majority stake in a DRC-based TMB Bank marking its entry into the country with a population of over 93 million people. The …
Eastern Africa
- Banking, Finance & InvestmentEastern AfricaEconomy
The Capital Markets Authority (CMA) has questioned the chief executive and finance director of listed food producer Kakuzi over allegations of shifting profits abroad and conflict of interest by its …
- AgricultureBusinessEastern Africa
Low Rainfall, High Cost Of Farm Inputs Hindering Agriculture Production – CBK
Low rainfall, high cost of fertilizer and seeds, and high fuel prices hindered production in the agricultural sector in July, a new survey has shown. According to the Agriculture Sector …
Samsung Electronics is set to unveil its latest range of foldable devices August 10 as the company gears up for an even larger share of the smartphone market pie. The …
Property developer Mi Vida has completed the first phase of its apartments at Garden City, which are part of its Sh12 billion investment roll-out in Nairobi. The completion paves way for …
- BusinessEastern AfricaEconomyTelecommunications
First Celo Africa Web3 Fund Workshop kicks off in Nairobi
Celo, the global payments infrastructure that makes financial tools accessible to anyone with a mobile phone, kicked off its inaugural Africa Web3 Fund workshop in Nairobi on Tuesday, 25th July …
Majority of CEOs expect a full resumption of normal operations upon the conclusion of the August 9 elections highlighting declined political uncertainty in the economy. According to the latest Monetary …
- Eastern AfricaEconomyTransportation & Logisitics
UN Aviation Body Ranks Kenya Second Best In Airport Security In Africa
The Kenya Civil Aviation Authority (KCAA) said in a statement released in the Kenyan capital Nairobi that the country attained the highest regional sustainability indicator in aviation security following an …
Kenyan manufacturers are quietly downsizing their packages and product sizes without lowering prices as they embrace shrinkflation in the wake of a sharp rise in the cost of production. A Business …
Car dealers will be required to reveal the identity of buyers and their sources of income if Treasury proposals seeking to seal loopholes for the money laundering and flow of …