Motor dealer Toyota Kenya Limited seeks to expand its countrywide dealership to reach more customers in under-served areas. The firm is looking for auto dealers/garage owners in Namanga, Narok, Naivasha …
BusinessEconomyKenya News
Category:
Economy
- Banking, Finance & InvestmentBusiness and EconomyEconomyNigeriaWestern Africa
Central Bank of Nigeria targets 7,740 agents to push eNaira adoption
The Central Bank of Nigeria is targeting no fewer than 10 agents in the 774 local government areas in Nigeria to drive the eNaira adoption. In total, the bank is …
- EconomyNigeriaTransportation & LogisiticsWestern Africa
Federal Government budgets N248bn for Lagos-Ibadan Expressway, roads
The Federal Government has earmarked N248.5bn for the construction, maintenance and rehabilitation of ongoing road projects nationwide. This was revealed after an analysis of the 2023 appropriation bill presented by …
- Banking, Finance & InvestmentBusinessEconomyEthiopia
Government expects saving of 100 million dollar per year from the ban selected import items
The central bank of Ethiopia expects saving close to 100 million dollar per year, from the ban imposed on selected import items. In a circular written on October 14, 2022, …
The exchange rate between the Naira and the US dollar has fallen to a record low on the black market, trading at a minimum of N742/$1 on Monday morning. This is according …
- BusinessEconomyEthiopiaTransportation & Logisitics
Railway demurrage suffocates exporters and importers for small delays
Exporters, importers, and logistics companies are irked by the Ethio-Djibouti Railway’s (EDR) exorbitant demurrage charges for small delays. As an alternative to railway transportation, a significant number of businesses are …
- EconomyFinance & ServicesHealthcareMorocco
Morocco Seeks to Scrap Tax on Imported Drugs and Health Products
The Moroccan government is in the process of drafting legislation that would scrap taxes on imported medications. According to a government statement released on Saturday, Morocco’s Minister of Health and …
- AgricultureBusinessEconomyFinance & ServicesMorocco
USAID and GiveDirectly NGO Provides $4 million to Support Moroccan Agricultural Cooperatives
The United States Agency for International Development (USAID) and the International NGO GiveDirectly have decided to provide an additional $4 million to support Moroccan agricultural cooperatives suffering from recent economic …
Top commercial banks have started increasing lending rates by up to 1.1 percentage points after the Central Bank of Kenya (CBK) raised its benchmark interest rate by the biggest margin …
- BusinessEconomyINVESTMENTKenya NewsUncategorized
Kenya and Netherlands Sign MoU To increase Trade and investment Between The Two Countries
The Kenya Investment Authority (KenInvest) and the Netherland Business Hub (NLBH) have agreed to reinforce their collaboration towards increasing trade and investment between Kenya and the Netherlands. This has resulted …