While Moroccan politicians often invoke inflation and adverse geopolitics to justify rising fuel prices, Morocco’s market watchdog is currently arguing that extortionate practices, and a lack of political will to …
While Morocco imposed tariffs on Turkish imports in response to a “commercial invasion,” Turkish textile and raw materials exports increased by 30.4% between January and August 2022 to reach 44,000 …
President William Ruto has revived a proposal to impose higher taxes on Kenya’s super-rich and high-income earners, endorsing the introduction of a wealth tax that failed to sail through Parliament …
Employees of troubled South African power company Eskom have been awarded a further 1.5% wage increase, backdated to July 2021. The Commission for Conciliation, Mediation and Arbitration (CCMA) ruled on Thursday (29 …
The value of retail sustainable investment holdings in Kenya is projected to climb to Sh2.3 trillion ($19 billion) by 2030 on higher capital flows into tackling food insecurity, climate change …
Over 4 million Fuliza defaulters will be removed from the Credit Reference Bureau (CRB) and other blacklists from November this year, the government and lenders have announced. The announcement made …
Cyberattacks in the Kenyan financial sector continued to grow significantly in the second quarter of 2022 as scammers increasingly become corporate-oriented, shifting from other sectors, a new report shows. According …
Retail traders in the country have a great potential to crack financing for Environmental, Social and Governance (ESG) objectives and priorities if some hindrances are resolved, a report by Standard …
As Morocco navigates severe, growing water stress, the country’s Ministry of Agriculture and Fisheries and the Ministry in charge of the budget decided to lift their irrigation subsidy on the …
President William Ruto is seeking a deal with fintechs such as Safaricom to disburse cheaper loans to small traders at single-digit interest rates. The planned partnership will see the State …
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