Author: Korir Issa

KCB’s new interest rates are currently the highest compared to the average industry interest rates on fixed deposit accounts that now stand at 6.61 per cent with savings accounts having declined to 2.56 percent from 3.37 percent in 2021.

The global economic outlook ‘gloomy and more uncertain.’

Equity Group’s Africa Resilience Plan is envisaged to provide financing of up to 2% of the combined GDP of the six economies in Eastern and Central Africa.

MTN currently has 34.5 million subscribers, making it the second largest mobile operator behind Vodacom. Telkom has 16.9 million mobile subscribers.

The loan is part of the African Development Bank’s $1.5 billion African Emergency Food Production Facility

The United States and Kenya have launched a strategic trade and investment partnership to work together on shared priorities. The partnership will include labour, environment, digital trade, trade facilitation, and good regulatory practices, U.S. Trade Representative Katherine Tai said in a statement. “We also hope this initiative can serve as a model for trade policy engagement in Africa, one of the world’s most dynamic and fastest-growing regions,” U.S. Trade Representative Katherine Tai said. The United States Trade Representative statement disclosed that the two governments will commence working within three months to develop a detailed roadmap for engagement. The engagement will…