Bank of Uganda (BOU) says foreign-based banks do not need its license to lend funds originating abroad. “Bank of Uganda…
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.
Tax collections for the first quarter of the 2020/21 fiscal year fell almost 15% to Ksh.317.7 billion against the previous…
COVID-19 pandemic has accelerated the need to tap into innovation, new technologies, and cost efficiencies accelerating the digital transformation journey…
The Kenyan economy plunged at an unprecedented rate in the second quarter of the year as Covid-19 pandemic hit the…
The National Treasury raised Ksh.60 billion from October’s 20-year and 25-year-opened bonds from its domestic market. Investors made bids worth…
Kenya’s biggest telecoms operator Safaricom controls 50 percent of all inbound diaspora remittance through its M-Pesa Global platform. According to…