Economy

The Kenya Private Sector Alliance (KEPSA) has launched a strategy that aims to promote coordinated and inclusive business climate change solutions across the sector. The Kenya Private Sector Strategy On …

 Power outages have been reported in Nairobi, Mt Kenya and Coast areas, affecting thousands of businesses. A spot-check by Capital Business revealed that building in Nairobi Town were out of power, forcing businesses …

Johannesburg-based Standard Bank has announced its plans to expand into North Africa, particularly in Morocco and Egypt.  Africa’s largest lender by assets plans to enter the continent’s biggest economies to …

Recent news reports indicating that Morocco’s customs authorities (ADII) are adding a new round of tariffs on travelers bringing gifts and cash upon entering Morocco are “unfounded.” Speaking to Moroccan …

MTN’s Mobile Money (MoMo) service in Ghana is taking a hit from the introduction of a levy on electronic transfers which came into effect in May, with revenue from person-to-person …

Elon Musk said the premium version of Twitter, called Blue, will cost $8 (R145) a month and will include a verified check mark for paying users’ accounts. Musk, who acquired …

Shares of Uber rocketed higher Tuesday after it reported a surge in quarterly revenue and described consumer demand as remaining robust. The ride-hailing service scored a 72 percent jump in …

Flour Mills of Nigeria Plc has said its unaudited financial statement for half-year 2023 shows strong revenue growth across business segments, despite the challenging macroeconomic environment. A statement by the …

South Africa could achieve higher economic growth if it moves away from coal and adopts renewable energy sources, a report by the World Bank shows. The Country Climate and Development …

Operatives of the economic and financial crimes commission raided the offices of black market currency dealers in Abuja on Tuesday in a bid to halt the rapid fall of the naira. …