The International Monetary Fund, on Tuesday, slashed its global growth forecast for the calendar year 2022 to 4.4 per cent…
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The latest business and financial market news and analysis from East Africa and the Continent.
Kenya’s current account deficit (CAD) in November widened to 5.2 per cent of gross domestic product (GDP), against 4.7 per…
The 425-acre will have a public space anchoring commercial and residential developments.
The National Treasury raised Ksh 34.9 billion from its second tranche of bonds FXD2/2018/10 and FXD1/2021/20. Investor bids in the…
The Democratic Republic of Congo (DRC) is positive that the ongoing negotiations will ultimately make it be the seventh member…
Tanzania and Burundi have signed an agreement to construct a $900m railway line Tanzania’s finance ministry said on Sunday. The…