09/10/2020
The upgraded road, the fibre optic connections, and the provision of basic social services are expected to attract investments, facilitate regional and domestic trade, create jobs, and improve access to internet-based opportunities.
09/10/2020
The approval follows a meeting of the extended Bureau of the Conference of Heads of State and Government with Africa’s private sector on 22 April 2020
09/10/2020
It comes at a time when the World Bank has stepped up lending to Kenya including the $1 billion (Sh108 billion) that was approved in May to help the country close a gaping budget deficit and tackle the economic shocks from the coronavirus pandemic
09/10/2020
Recent debt crises in the Kenyan supermarket business has shown that the retailers operate on an asset-light business model, paying lenders, landlords, suppliers and employees from sales collections.
09/10/2020
South Africa needs an accountable democracy and ongoing engagement around tax.
09/10/2020
Beneficial ownership is a term in domestic and international commercial law that refers to the natural persons who exercise significant influence over and receive profits from a company who are not its legal owners.
09/10/2020
Heystek said the funds are no longer able to rely on the ‘old chestnut’ of long-term gains, and that South Africans are increasingly choosing to step in and take control of their investments.
09/09/2020
The informal sector workers are self-employed as Beauticians and Hairdressers, Street vendors, Artisans, Drivers, Casual laborers, Farmers and Fishermen.
09/09/2020
This means that regulatory design for the inevitable competition arising from the entry of tech players must be ‘appropriate’, it said.
09/08/2020
The economic value of integrating intellectual property rights within the financial system cannot be over-emphasised in a country where most businesses do not have tangible assets such as land which are traditionally preferred as collateral by financial i
09/08/2020
The Treasury said it will issue a new M-Akiba bond this year as part of its continuing strategy to promote savings culture and deepen financial inclusion.
09/08/2020
The World Bank expects Kenya’s economic growth at 1.5 percent this year, from 5.4 percent in 2019, and contraction of 1.5 percent in the worst-case scenario under the impact of coronavirus.
09/08/2020
The former CEO detailed how a newly appointed board moved for his suspension despite his ‘wealth of experience’.
09/08/2020
The lender was bailed out by the industry and its shareholders including the South African Reserve Bank, the Government Employees Pension Fund and the nation’s six largest lenders.
09/08/2020
Instructions by businesses and high-net worth individuals to banks to transfer cash in their accounts increased 13.52 percent to 454,281 transactions in July compared with a month earlier — the highest volume in a year.
09/07/2020
AfDB President survived several accusations including breaches of the bank’s code of ethics
09/06/2020
In particular, it's been highlighted that organised business was, for the first time, presenting common policy positions.
09/06/2020
In total, the CBN now holds a total of N6.57 trillion in CRR debits from the nation’s top 5 banks
09/04/2020
The bureaucratic gridlock and a lower CBR is partly the reason average lending rates dropped to 11.89 per cent in June – a record low since 1991 when the CBK started making the data public.
09/04/2020
Nevertheless, a new study by Kaspersky suggests that Kenya is now Africa’s easiest target for cyber gangs.