02/13/2024
Kenya has seen a windfall from external borrowings in the opening months of 2024, including Sh109.6 billion ($684.7 million) from the International Monetary Fund (IMF) in January.
02/13/2024
This means that South Africans have dropped their demand from Eskom by roughly three stages of load shedding.
02/13/2024
AGF will provide partial guarantees on loans issued by Zenith Bank Ghana
02/12/2024
This is a shift from last year’s trends when CEOs prioritised a customer-centric approach to expand operations and boost revenues.
02/12/2024
The dollar gained by 27 percent against the shilling last year
02/12/2024
The Treasury said manufacturing and trading sectors accounted for about Sh248.52 billion or 40 percent of the Non-Performing Loans
02/09/2024
Discovery Vitality also noted that it is losing professionals to emigration due to the global demand for these skills sets.
02/08/2024
The marked rise in PFAs' asset allocation to FGN bonds is largely due to record sales of FGN paper by the DMO in 2023
02/08/2024
The East African nation is sitting on public debts of around $61.5 billion -- equal to around 67 percent of gross domestic product
02/08/2024
The East African country's debt levels have been rising due chiefly to government spending on public infrastructure
02/07/2024
Nigeria’s broadband connection has been on an upward trend since Sep ’23.
02/07/2024
Also lagging has been e-commerce, primarily because digitally based business-to-business suppliers have difficulty communicating with independent traders and operating in environments where cash is used for most transactions.
02/06/2024
The apex bank boss added that the reports of the rating agencies about Nigeria were also confirming the leanings of the FPIs.
02/06/2024
The underwriters have in the process increased their investment in government securities– Treasury bonds and treasury bills.
02/05/2024
Sukuk could help Kenya to access hitherto untapped liquidity pools and attract foreign investors, including from the East African Community and Gulf countries
02/05/2024
Knowledge and information are key to closing the expectation-reality gap
02/05/2024
All in all, data show the rand has endured an average 2.9% loss in February over the past five years, while the EM currency index slipped 1%.
02/05/2024
We investigated the salient factors that trap them in their progression towards a stable middle class.
02/02/2024
These merchants primarily operate on a cash on delivery basis requiring that drivers are paid in cash from merchants on their route
02/02/2024
In response to the news, the rand increased to R18.58/$ before retreating to R18.73/$, as markets have factored in a May 2024 date for the first rate cut in the US.