East Africa business news from Kenya, Ethiopia, Tanzania, Uganda, Rwanda and the wider EAC region.
Financial institutions like commercial banks will be required to immediately give up the full rights to individual apartment buyers when they finish paying up their mortgages or loans under new …
Nairobi accounted for 75.8 per cent of Kenya’s billionaires, reflecting the county’s economic dominance over the other 46 devolved units created eight years ago to address the wealth imbalance, a …
The management of The Waterfront Mall in Karen has denied that the property and the 50 acres of land it is sitting on are up for sale. The move comes …
In the first quarter of 2021, the inflow of US dollar from other African countries into Kenya dropped to 65.9 percent placing Tanzania over South Africa as the biggest source …
Absa Bank Kenya has launched the Absa Asset Management Limited (AAML), a subsidiary of the bank that will offer fund and wealth management solutions for its customers. The announcement comes …
Kenyan agency banking startup Tanda has announced that is expanding its operations regionally after closing a funding round in February 2021 from HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and …
Lendable has announced that it has invested over US$100 million in credit to help fintech startups in emerging and frontier markets to scale. The debt finance provider has also become …
The governments in Kampala and Dodoma joined oil companies Total of France and CNOOC of China in signing a series of accords Sunday that pave the way for the construction …
The State has introduced new ownership rules in the telecoms sector that will push Airtel Kenya to sell a 30 per cent stake to Kenyans over the next three years …
Equity Bank has been ranked as the most stable lender in Kenya both in terms of revenue and asset growth by the prestigious Africa Business Magazine. The ranking based on …
Chat us up