Eastern Africa

Acorn Investment Management on Thursday announced half-year 2022 results of the Acorn Student Accommodation Development REIT (ASA D-REIT) and the Acorn Student Accommodation Income REIT (ASA I-REIT). The listed REITs together …

East African Breweries PLC (EABL) has reported Sh15.6billion in net profit for the full year ended 30 June 2022, a 124 per cent growth compared to Sh6.9billion posted in the …

The mega jackpots paid to punters in Kenya have been flagged as possible avenues for laundering proceeds of theft, drug dealings and terrorism as the State heightens focus on the …

Turkish manufacturing conglomerate which is putting up an investment project at the Naivasha Special Economic Zone commissioned by the President on Tuesday, is set to create about 2,900 jobs locally. …

The Central Bank of Kenya(CBK) has retained the base lending rate at 7.5 per cent even as global inflation remains elevated. CBK raised the rate from 7 per cent in …

The Independent Electoral and Boundaries Commission (IEBC) , Kenya received the first batch of presidential ballot papers on Wednesday ahead of August 9 election. The consignment was received by Vice …

KCB Bank has revised the annual interest rates for its savings accounts in a move that seeks to attract and retain its customers. With effect from July 1 2022, the …

The African Continental Free Trade Area (AfCFTA) Secretariat has secured $11.24 million grant from the African Development Bank to accelerate African intra-trade. The AfCFTA Secretariat, currently in phase II of …

Safaricom has partnered with education technologies firm Kodris Africa to promote the study of coding in the country by allowing the purchase of lessons on the M-PESA app. Customers can …

Foreign investor outflows at the Nairobi Securities Exchange surged more than six times to Sh10.8 billion in the quarter ended June 2022, as the foreigners sought safer investment destinations amid …