The International Monetary Fund (IMF) wants tighter checks on bank transactions in Kenya amid growing concerns about money laundering by corruption networks. An appraisal report by an IMF team said Kenya should …
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Economy
Somalia has renewed its bid to join the East African Community (EAC) trade bloc, after the country’s newly elected President Hassan Sheikh Mohamud arrived in Arusha to attend the ongoing 22nd …
The National Treasury will introduce new tax measures to replace the Sh21 billion it earns in annual minimum taxes if the government loses an appeal against a court ruling that …
The Kenya Tea Development Agency(KTDA) has continued to invest in green energy as it moves to assist farmers to access renewable forms of energy while cutting electricity costs. The Agency …
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South Africa Announces Biggest Interest Hike in nearly 20 years
South Africa’s central bank has unveiled the biggest increase in interest rates for nearly 20 years in the continent’s most industrial economy, joining the wave of policymakers trying to tackle surging …
The management of Sarrai Group of Uganda has started a test run of the mills at the debt-ridden Mumias Sugar factory after the rehabilitation and maintenance of the run-down equipment. …
Somalia has renewed its bid to join the East Africa Community (EAC), days after DRC Congo was admitted to the regional trade bloc. On Thursday, the country’s newly elected President …
Kenya has disowned promises of a July tender made to Dubai Port (DP) World that would have allowed the UAE-based firm to offer a bid for development, operation and management …
Traders are seeking more than Sh175million from the government to cover the reduction of the cost of maize flour to Sh100. In a statement, the traders through the Retail Trade …
Inchcape Kenya has introduced the new Range Rover L460 into the Kenyan automotive market, adding to the significant array of luxury SUV’s the company offers under its Jaguar Land Rover …