The Bank of Uganda (BOU) has shut down Mercantile Credit Bank Limited (MCBL). The action, effective immediately, revoke MCBL’s license…
Browsing: ECONOMY
Navigate the complex tapestry of the East African economy with Khusoko.com. Dig deep into economic news, analysis, and insights from East Africa. Uncover market trends, policy impacts, and development updates shaping the region’s financial landscape.
Family Bank shareholders have greenlit the creation of a non-operating holding company. The holding company will own shares along with…
Kenya Airways (KQ) says it is committed to its turnaround strategy, Project Kifaru by completing its capital restructuring plan. Project…
Fuel prices in Kenya have been revised downwards by the Energy and Petroleum Regulatory Authority (Epra) for the June/July 2024…
Kenya’s Finance Minister Prof Njuguna Ndung’u presented the 2024/25 budget, aiming to tackle Kenya’s high debt while supporting the ongoing…
British International Investment (BII) has sold its 10.1% stake in I&M Group, a leading East African banking group, to AfricInvest,…