The High Court has stopped the use of the SportPesa brand in Kenya’s gaming business amid shareholder fights in a ruling that deals a blow to Milestone Games Ltd that …
Economy
-
-
Banking, Finance & InvestmentEconomyKenya NewsOil & Gas
KCB Injects Ksh 120 Billion to support Oil Marketing Companies as Govt Phases out Fuel Subsidies
KCB Bank Kenya has injected over Sh120 billion to support Oil Marketing Companies (OMCs) importing fuel as it seeks to consolidate its support to the energy sector. The facility is also …
-
AgricultureBusinessEconomyFood ProductionKenya News
Kenya’s Ministry of Agriculture Ministry Announces a new Subsidized Fertilizer Prices
The Ministry of Agriculture, Livestock, Fisheries, and Co-operatives has announced new subsidized fertilizer prices after the government availed a Sh3.5billion fertilizer subsidy. This follows a directive by President William Ruto …
-
AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
NCC to generate N500b from 5G spectrums auction next year
The Nigerian Communication Commission(NCC) says it plans to generate over N500 billion as revenue for the Federal Government from the auctioning of two 5G spectrums in 2023. Prof. Umar Danbatta, …
-
AgricultureEconomyFinance & ServicesMorocco
Morocco to Launch a Tender for Construction of Massive Irrigation Grid
Morocco’s Agriculture Development Agency (ADA) has announced opening a tender for Public-Private Partnership (PPP) for the development of an irrigation system across 224,1517 hectares in the Jraifia council in the …
-
EconomyFinance & ServicesKenya News
Kenya spent 63.5pc of tax collections in two months to repay its creditors
Kenya spent 63.5 percent of tax collections in the first two months of the current financial year to repay its creditors, pointing to an elevated risk of debt distress. Debt …
-
Local agribusiness firm Kakuzi Plc has secured pre-shipment approvals from the Kenya Plant Health Inspectorate Service (KEPHIS) for its second fresh avocado shipment to China. The firm is expected to …
-
Central Bank of Kenya Governor Patrick Njoroge has urged members of the National Assembly to play an active role and deter debt accumulation in the country. Njoroge who spoke on …
-
AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyGhanaWestern Africa
Bank of Ghana to sell $420m to BDCs in the final quarter of 2022
The Bank of Ghana will sell a total of $420 million to Bulk Oil Distribution Companies via banks in the final quarter of this year, in its Foreign Exchange Auctions. …
-
AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
Dangote Sugar commits billions to CSR schemes in Adamawa, Nasarawa
The Dangote Sugar Refinery Plc has scaled up its social intervention programmes around host communities in Adamawa and Nasarawa States, where its Backward Integration projects are located. The Group …