The Central Bank of Kenya (CBK) has fined 12 banks for breaching lending and investment rules.
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Namibia is experiencing an economic boom due to recent oil discoveries off its coast. The discoveries, made by companies like…
Nigerian President Bola Tinubu proposes a one-time 50% tax on banks’ windfall profits from massive currency gains post-naira devaluation. Similar…
EY Kenya faces reputational risk after the World Bank sanctioned the firm for unethical practices.
According to the International Monetary Fund (IMF), Kenya’s economy is projected to surpass Angola’s and become the fourth largest economy…
John Barnett, a former Boeing employee who raised concerns about the company’s production issues, was found dead of an apparent…
Mozambique’s council of ministers has approved legislation for a new sovereign wealth fund to govern the nation’s earnings from natural…
Adidas warns of a sales decline in 2024 due to an overstocked market in North America.
The Kenyan Treasury borrowed Sh223.5 billion ($2.23 billion) over four months from 11 new loans contracted with multilateral and commercial…
Kenya Airways’ government-guaranteed debt increased by 17.3% in the year ending December 2023, driven by a weak Kenyan shilling.