Nairobi, March 17 -- East African central banks are facing a fresh wave of rate hikes to contain inflationary pressures emanating from surging shipping and insurance costs for vessels diverting from t... Read More
Nairobi, March 16 -- The National Treasury has paid $109 million to the American Eximbank to save Kenya Airways from bankruptcy proceedings after the national carrier defaulted on $841.6 million loan ... Read More
Nairobi, March 16 -- Prime Energy Plc, a renewable energy independent power producer in Rwanda, has received approval from the Capital Markets Authority to issue the first-ever green bond in the count... Read More
Nairobi, March 16 -- The World Bank has banned a Swiss boutique advisory firm Africa Enablers GmbH and two of its principals from participating in projects and operations financed by the institution f... Read More
Nairobi, March 15 -- The Treasury is pushing for more revenue collections from financial sector regulators to shore up the non-tax revenues whose underperformance disrupted funding of the budget for t... Read More
Nairobi, March 13 -- A second top official at the Treasury has been replaced at a time the government is pushing for reforms aimed at speeding up the pace of unlocking private sector investment in inf... Read More
Nairobi, March 11 -- The Capital Markets Authority (CMA) has opened a window for Kenyan companies to issue bonds to investors across East Africa in a move aimed at diversifying the investor base and s... Read More
Nairobi, March 8 -- Airtel Uganda has declared a final dividend of Ush86 billion ($22 million) after reporting a 9.6 percent decline in profit for the year ended December 2023. The new dividend adds ... Read More
Nairobi, March 8 -- Airtel Uganda has declared a final dividend of Ush86 billion ($22 million) after reporting a 9.6 percent decline in profit for the year ended December 2023. The new dividend adds ... Read More
Nairobi, March 7 -- M-Akiba, the mobile-based bond, will no longer be traded on the secondary market as the Treasury revamps the product to eliminate windy transactions and commission-chasing brokers ... Read More