Keroche Breweries will reopen on Friday, July 29, according to the Kenya Revenue Authority (KRA). The Brewer’s Chief Executive Officer…
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The Central Bank of Kenya (CBK) has said payments fintech Flutterwave and Chipper Cash are not licensed to operate in…
A current account deficit is occasioned by high spending on imports compared to export earnings.
Kenya, Uganda, and Tanzania revenues grew 30%, 24%, and 21%, respectively, compared to last year’s period, on easing of COVID-19 restrictions.
Mobile Money revenue grew by 26.5%, driven by a growth of 26.9% in East Africa and 25.4% in francophone Africa.
Kenya raised the lending rate by 50 basis points to 7.5 percent at their last meeting in May, the first increase since July 2015.