The shilling has climbed to a 15-month high against the dollar, backed by inflows from agriculture…
Category: Business
RwandAir Says Qatar Airways Close To Acquiring Stake
RwandAir expects Qatar Airways to finalise its purchase of a major stake in the central African…
Fight for control of Yemen’s banks between rebels, government threatens to further wreck economy
Yemen’s Houthi rebels and its internationally recognized government are locked in a fight for control of…
Access Bank completes acquisition of Tanzanian lender in East African foray
Nigeria’s Access Bank Plc has completed the acquisition of the African Banking Corporation Tanzania (BancABCT) as…
Northern Corridor truckers mull shift to Dar over tax
The cost of transporting cargo on the Northern Corridor is set to increase in the next…
Blow to Nairobi bourse as US firm announces exit
American fund management firm BlackRock Inc is selling off its equity investments in emerging and frontier…
Cars? Pork? Perfume? China has many options if a trade war breaks out with Europe
Now that Europe has announced tariffs on China-made electric cars, the continent is bracing to see if the…
How US is daring the world to find a dollar alternative
The United States is merrily chipping away at the pillars that hold up the dollar as…
Credit card delinquencies are rising. Here’s what to do if you’re at risk
Seriously overdue credit card debt is at the highest level in more than a decade, and…
MTN Uganda’s parent offers major discount in $58m shares sale
South Africa’s MTN Group has made a new offer to sell 1.57 billion shares in its…