03/16/2023
“We dealt with the risk, because as we see it, while there’s a potential for a better outcome, there’s also potential for a worse outcome,” Absa Chief Financial Officer Jason Quinn said in an interview.
03/15/2023
The combined market capitalisation of the MSCI World Financials Index and MSCI EM Financials Index has dropped about $465bn in three days, Bloomberg reported.
03/10/2023
The money raised will be used to procure capacity and expertise to help support the implementation of the country’s Energy Action Plan over a one- to two-year period.
03/09/2023
After holding out for most of last year against breaching the 14 percent level on bond issuances, the CBK has in this year’s sales shown a willingness to take up more expensive bids, reflecting the pressure on the government to raise revenue.
03/09/2023
The daily borrowings touched a high of Sh46.6 billion on February 7, pointing to thinning liquidity in the banking sector that translates to slower lending to the private sector.
03/09/2023
The survey did not state the value or number of luxury real estate bought by foreigners in Kenya.
03/09/2023
Confidence in manufacturing and consumer-facing retail tanked, while sentiment was little changed in the case of building contractors.
03/09/2023
We should not consider economic challenges or conflicts as something that hurts us but it is time as a nation to discuss the changes in the economic environment in the world
03/08/2023
The bank expects further tweaking of national property values and heightened business migration in search of a “better deal”.
03/08/2023
The Turkish company won a tender in March 2021 to supply the electricity but has since been mired in lawsuits and environmental challenges.
03/08/2023
The statement said, “The positive rating assigned reflects DataPro’s opinion of LandWey’s diversified revenue source, good project experience as well as it’s macroeconomic environment.
03/08/2023
Shocking GDP contraction in the fourth quarter is far worse than expected by economists
03/07/2023
“Extreme weather events and additional currency depreciation are upside risks.”
03/03/2023
The Namibian government is actively seeking foreign investment to boost the country’s economic growth and diversify the economy.
03/02/2023
The Bank held an investor relationship event on 28 February, attended by representatives from over 30 insurance companies from the London, Bermudan and other international markets
03/02/2023
Kenya will from next month start importing fuel on credit of up to one year from the United Arab Emirates to ease pressure on dollar demand amid uncertainty over its impact on local pump prices. Energy and Petroleum Cabinet Secretary Davies Chirchir says
03/01/2023
The trade statistics get worse if trade data with Botswana, Eswatini, Lesotho and Namibia (BELN) is excluded.
03/01/2023
In South Africa, the range of ETFs available to investors continues to grow and this growth is expected to continue against a background of easing regulations.
03/01/2023
More interventions will also help to prevent theft and vandalism and resolve legal issues regarding locomotive procurement.
02/28/2023
In a digital world, this means ensuring high-performance, low-latency, secure and reliable connectivity wherever branch offices are being opened, and enabling centralised visibility, management and support.