Hotpoint Appliances Ltd., electronics and home appliances distributors, has moved to its new KSh1.1billion offices’ block in Thika, outskirts of…
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The latest business and financial market news and analysis from East Africa and the Continent.
Dr. Patrick Njoroge, Kenya’s Central Bank governor has maintained that caps on commercial lending rates would eventually be removed, terming…
French fuel storage and distribution company Rubis SCA has announced an ‘extensive reorganization’ after it acquired KenolKobil Ltd stations in…
The Central Bank of Kenya expects that the current account deficit will remain steady at 5 percent of the Gross…
The sustained capping of commercial banks’ lending rates at 4 percentage points above the Central Bank of Kenya benchmark rate…
Chief executives in Africa are less pessimistic about the future of the global economy citing political, social and economic threats…