The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022, in spite of the increase in the total …
Economy
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Morocco’s Interbank Monetary Center Warns Citizens of Scammers presenting Schengen Visa appointments
Online scams involving individuals asking for money in exchange for more recent appointments for Schengen Visa applications are becoming increasingly widespread, according to the Director of Morocco’s Interbank Monetary Center …
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Fitch Solutions forecasts 43% depreciation of cedi to dollar in 2022
Fitch Solutions is forecasting a 43% depreciation of the cedi to the US dollar in 2022. It is also projecting a 30.1% fall in value of the cedi to the …
National carrier Kenya Airways has trimmed its half-year loss to Sh9.9billion from a Sh11.5billion loss posted in the same period last year attributed to increased revenues. The Group’s total revenue …
Toyota Kenya has acquired a 35 per cent stake in solar installation company Ofgen for an undisclosed value, deepening the auto firm’s interest in the growing clean energy market and …
The United Kingdom has protested Kenya’s impending ban on second-hand imports of buses and trucks, fearing the embargo will cut the flow of used commercial vehicles from the European country. …
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Egypt in final stage of talks with IMF on new funding, says PM
The Egyptian government is in the final stage of talks with the International Monetary Fund (IMF) on a new funding, Prime Minister Mostafa Madbouli said during the Logos Coptic Youth …
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GUTA threatens to close shops over Cedi depreciation
Members of the Ghana Union of Traders Association (GUTA) will on Monday close all shops in the Greater Accra Region to express their displeasure about the depreciation of the Cedi …
- BusinessEconomyKenya
KFCB bell Local Creators and other stakeholders to Submit Comments On Self-Regulatory Framework
The Kenya Film Classification Board (KFCB) has called on local creatives and other stakeholders to submit their input for the proposed self-regulatory framework for the film industry, as it seeks …
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Lekki Deep Sea Port estimated to create 112,000 jobs for Nigerians
Nigerians would have access to at least 112,000 jobs upon the completion of Lekki Deep Sea Port according to the Federal Government of Nigeria. Lekki Deep Sea Port, operational but still …