01/20/2021
During the period, CBK also provided a shot in the arm for mobile money payment options by abolishing charges on the transfer of money from customers’ bank accounts to mobile money wallets and vice versa.
01/19/2021
The Safaricom stock hit a high of Sh37 last week on intra-day trading, a gain from opening price at Sh34.25 on January 4, with foreign investors continuing to turn as net buyers.
01/18/2021
Verdant Capital completed transactions in most major sectors of the economy including, financial services, financial technology or “fintech”, telecoms and agro-business.
01/13/2021
The facility has been disbursed under FMO's financial program dubbed NASIRA that supports young, female, and migrant entrepreneurs in Sub-Saharan Africa.
01/13/2021
The next largest stocks in the index are Cassava Smartech Zimbabwe (9.2%), Innscor Africa (9.2%), FBC Holdings (8.5%), and Econet Wireless Zimbabwe (6.5%).
01/12/2021
Despite the increase, Ministry of Finance spokesperson Benny Mwaipaja told The EastAfrican that the debt is still sustainable and "indicatives show the present value of public debt-to-GDP ratio remains favourable”.
01/12/2021
The money will fund interventions in agriculture, water, community development, food security, resilient infrastructure, landscape restoration, and renewable energy, Malpass said.