MTN Uganda has announced a strong financial performance in the first half of 2025, showing double-digit growth in revenue despite a dip in profit due to a significant one-off tax …
Eastern Africa
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BusinessEastern AfricaEconomyFinanceTelecommunications
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BusinessEastern AfricaGovernment PolicyInfrastructureReal Estate
KMRC Praised for Advancing Kenya’s Housing Agenda
The Kenya Mortgage Refinance Company (KMRC) has been praised for playing a major role in advancing President William Ruto’s affordable housing plan under the Bottom-Up Economic Transformation Agenda (BETA). The …
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BankingEastern AfricaFinance & ServicesHousingReal EstateUrban Development
Absa Bank Pledges KShs 4 Billion to Support Affordable Housing in Kenya
Absa Bank Kenya has increased its financial commitment to the affordable housing sector with a new pledge of KShs 4 billion to support home loans for individuals. This represents a …
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Eastern AfricaEconomyEmploymentFinance & ServicesPolicies
Kenya’s Economy Growing Fast, But Youth Unemployment Remains a Major Challenge
Chief Executive Officer of Equity Group Holdings, Dr. James Mwangi, has said that Kenya’s economic growth is not creating enough jobs for the country’s growing number of university graduates. In …
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A committee of Kenya’s National Assembly has ordered a special audit into a controversial financial partnership between the National Oil Corporation of Kenya (NOCK) and Rubis Energy Kenya, raising serious …
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AgricultureEastern AfricaEconomyRegional CooperationTransportation & Logisitics
Rwanda, Tanzania to Open Dar Port Office in Kigali
Rwanda and Tanzania have agreed to bring port services closer to Rwandan importers by signing a key trade agreement that will allow the Tanzania Ports Authority (TPA) to open a …
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Eastern AfricaEconomyHumanitarianImmigrationNewsSocial Development
IRC Urges Streamlined Refugee IDs Under Kenya’s Shirika Plan
The International Rescue Committee (IRC) has renewed its call for simplified access to refugee identity cards, stressing that the document is vital for refugees’ integration into Kenyan society. The appeal …
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Banking, Finance & InvestmentBusinessCapital MarketEastern AfricaEconomy
BAT Kenya Doubles Interim Dividend as NSE Gains Momentum
British American Tobacco Kenya (BAT Kenya), listed on the Nairobi Securities Exchange (NSE), has announced a 100 percent increase in its interim dividend after posting strong half-year results. The cigarette …
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Eastern AfricaEducationGOVERNMENTKenyaTechnology
Acer Shifts Strategy in Kenya, Focuses on Education and Public Sector Partnerships
Global technology company Acer has announced a major change in its East African strategy, moving away from its traditional hardware sales model to a more purpose-driven focus on public sector …
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DevelopmentEastern AfricaEnergyGOVERNMENTInfrastructureKenyaMarkets
KPC Set for NSE Listing as Kenya Pushes Privatisation Agenda
The Kenya Pipeline Company (KPC) is set to list on the Nairobi Securities Exchange (NSE) in September 2025, marking a major shift in the country’s privatisation efforts and energy sector. …