Kenya

Kenya to cut 2024/25 spending plan by 12pc, President Ruto says

By REUTERS  Kenya will reduce its spending plan for the financial year starting this July by 12 percent to Ksh3.7 trillion ($28.35 billion), President William Ruto said, as part of efforts…

Business Kenya

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10 fun things to do at the Highland Gathering in Amanzimtoti

The ‘biggest gathering of pipe bands in the Southern Hemisphere’ – the Highland Gathering -…

60% decline in mergers, acquisitions activity in Egypt last year: PwC

In a recent report, PricewaterhouseCoopers (PwC) highlighted a 60% decline in mergers and acquisitions (M&A)…

61 villages in Rorya district to benefit from the land tenure security improvement project (LTIP)

The Ministry of Lands, Housing and Housing Development through the Land Security Improvement Project (LTIP)…

Lasted Kenya

Women’s sparse presence at top health sector jobs stunting progress

By PAULINE KAIRU Inadequate representation of women in decision-making roles is impeding the health sector’s advancement towards enhanced inclusivity, equity,…

Business Kenya

East African central banks raise interest rates on inflationary pressure

By JAMES ANYANZWA East African central banks are keen on anchoring inflation expectations to reduce the cost of living and…

Business Kenya

Tanzania bank reports positive uptake in DRC

By BOB KARASHANI Tanzanian bank CRDB has reported a modest start to its Democratic Republic of the Congo expansion venture,…

Business Kenya

Nigerians feel pains of Tinubu’s reforms to cut cost of living

By MOHAMMED MOMOH Markets across Nigeria are recording fewer customers and diminishing patronage, a result of rising prices of food…

Business Kenya

Kenya targets World Bank loan to clear Eurobond balance

By JAMES ANYANZWA Kenya is seeking to use part of the proceeds of the World Banks’s $1 billion loan to…

Business Kenya

Former Equity boss linked to bank fraud arrested in Uganda

By MONITOR Ugandan police have arrested Equity Bank Uganda's former Executive Director for Commercial Banking, Kenneth Onyango, in connection to…

Business Kenya

US senators introduce bill to renew Agoa through 2041

By REUTERS A bipartisan group of senators has introduced a bill to renew the US trade pact with Sub-Saharan Africa ahead…

Business Kenya

Ethiopia faces tough devaluation decision to secure IMF bailout

By REUTERS Ethiopia may have to decide on a big currency devaluation sooner rather than later to secure a rescue…

Business Kenya