Economy

Kenyans head to elections on Tuesday with business leaders upbeat about a peaceful political transition and no major disruptions to the economy, a departure from the fear of downturns associated …

Panic shopping set in across Nairobi from last Friday as Kenyans braced for a hotly contested presidential polls election Tuesday. Despite government assurances that on August 9 will cause no …

Morocco’s national unemployment rate edged slightly down by 1.6% at the end of the first half of 2022, according to data from Morocco’s Higher Commission of Planning (HCP).  Unemployment currently …

The South African Federation of Trade Unions (Saftu) has announced that it will embark on a national strike across South Africa protesting against the rising costs of living, load shedding, …

The government of Kenya has given assurance that there will be enough maize flour, commonly known as unga, on the shelves in the coming days. Speaking to the press in …

The National Bank of Kenya (NBK) has secured Sh1.2billion from impact investor, Water Equity, to enhance financing to public and private water utility companies and micro, small, and medium-sized enterprises. …

Tea prices at the weekly Mombasa auction dipped slightly this week amid decreased demand for the commodity. At this week’s auction, a kilo averaged USD2.20(Sh262.13) up from USD2.22(Sh264.51) last week. …

Remittances from Morocco’s diaspora reached MAD 47.04 billion, or $4.56 billion during the first half of 2022. According to new data from Morocco’s Foreign  Exchange Office, the number represents an increase …

China blocked imports of citrus, fish and other foods from Taiwan in retaliation for a visit by a top American lawmaker, Nancy Pelosi, but has avoided disrupting one of the …

The purchasing power of Sh1,000 has fallen by nearly half in the past 10 years of President Uhuru Kenyatta’s administration, hitting household budgets hard due to slower growth in wages. …