Access Bank has brokered a deal with the investment firm Centum Investment Plc to procure the 83.4 per cent interest the latter holds in Nairobi based lender Sidian Bank making …
Kenya’s business confidence continues to decline two months before the General Elections scheduled for August 8, the Stanbic Bank Purchasing Managers’ Index (PMI) has revealed, noting that the issue has …
The Central Bank of Kenya Governor Dr. Patrick Njoroge has said there is sufficient foreign currency to meet demand, brushing off manufacturers who warned a shortage of dollars affects their …
Tea prices at the Mombasa auction below the set minimum price as demand remains subdued at the weekly trading with the onset of summer in key export markets. The price …
Kenya’s inflation rose to a new two-year record of 7.1 per cent in May as the cost of food and beverages continues to rise sharply partly affected by the war …
Central bank of Kenya unexpectedly raised its key interest rate for the first time in almost seven years to anchor inflation expectations as concerns about commodity prices build. The monetary …
The International Monetary Fund (IMF) has agreed to extend the duration of its financial aid programme to Somalia. The fund’s aid was due to end this month if a new …
Ethiopia and the World Bank have signed a pact for a grant of $300 million to assist reconstruction and recovery in conflict-hit areas, the finance ministry said. Fighting that erupted …
Pump prices have shot to historic highs, with a litre of super petrol and diesel jumping by Ksh5.50, signaling a further increase in the cost of basic goods and services. …
On Thursday, Arc Minerals said that Anglo American will take majority control of its Zambia copper cobalt exploration licenses. It marks the first new investment by Anglo in Zambia in …
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