The SA Reserve Bank on Thursday raised its main lending rate by 75 basis points to 6.25%, for the second meeting in a row. Three members of the monetary policy …
Economy
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- Eastern AfricaEconomyEducation
Haco Partners With University of Nairobi To Offer Industrial attachment opportunities to their student
Haco Industries has signed a Memorandum of Understanding with the University of Nairobi (UoN) Department of Chemistry that will see students from the varsity get industry training. The university will …
Morocco’s inflation rate remains high, reaching a new peak at the end of August with an increase of 8% compared to last year, according to the latest figures from the …
- BusinessEastern AfricaEconomyManufacturing & Consumer GoodsUncategorized
East African Portland Cement commences work After Kiln Upgrade
Cement manufacturer East African Portland Cement PLC has resumed manufacturing at its Athi River plant after the replacement of a faulty kiln shell that had caused frequent downtimes in the …
- EconomyKenyan NewsTransportation & Logisitics
Kenyans without the new biometric passports will be barred from travelling in December
Kenyans with old passports have until November to acquire the new biometric digital ones, Immigration Director General Alexander Muteshi said Thursday. Travellers who will not have changed their passports by …
Ghana’s economy grew by 4.8 percent, year-on-year, in the second quarter of this year largely due to the manufacturing and crop and cocoa sectors, the Ghana Statistical Service (GSS) has …
- EconomyEntrepreneurshipKenya News
Trade Ministry requesting for Sh900mn From Development Partners To Unlock Kenya’s Export Potential
The Ministry of Industrialization, Enterprise and Trade is seeking Sh978 million from the Korea Trade Investment Promotion Agency (KOTRA) and the exchequer to facilitate the implementation of an integrated national …
Kenya’s exports to Tanzania grew the sharpest among all East Africa Community (EAC) markets in the six months to June 2022. Kenya’s exports to Tanzania jumped the highest by 46% …
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Nigerian tech startups raised Over $2b in 7 years, the highest on the continent
The Nigerian startup ecosystem has recorded a significant amount of growth in terms of investments, with Lagos taking the lead. According to a report, about 383 Nigerian tech startups raised a …
- AfricaAFRICA NEWSEconomyNewsSouth AfricaSouthern Africa
SA inflation dips to 7.6% in August, the lowest monthly change since January
South Africa’s headline consumer inflation fell to 7.6% year on year in August, data showed on Wednesday, suggesting inflation may have peaked in annual terms at 7.8% the previous month. Inflation …