Tag: Economy

Kenya and South Africa have consolidated their positions as Africa’s top investment destinations according to The Wealth Report by Knight ...

The International Monetary Fund (IMF) is projecting that Kenya will become East Africa' s largest economy. This comes after the ...

The Chairperson of the Presidential Council of Economic Advisors, David Ndii, has responded to Kenyans asking when things will get ...

Wages have become the top issue for Nigeria’s organized labor movements in the past year. Reacting to recent increases in ...

The government spokesperson, Isaac Mwaura has stated that Kenya's inflation has reduced by 2.5 percent from December 2022 to December 2023. ...

Due to the tough economic times, 2023 has been a year of depressing news having various companies issuing profit warnings ...

In 2023, most companies and businesses either issued profit warnings, announced mass firings of employees or closed shop. The reasons ...

Listed Kenyan agricultural company, Kakuzi Plc has joined the growing list of companies issuing profit warnings. The company announced this ...

Standard Group Plc has appointed a new Chief Finance Officer, in the wake of its financial woes. The listed company ...

Kenya’s stock market recently suffered steep losses, making it the worst performing globally. The weak performance has persisted: the Nairobi ...

A survey by the Rand Merchant Bank (RMB) has revealed a dip in confidence of doing business in South Africa ...

On November 14, in a media press briefing after the arrival of Romanian President Klaus Werner Lohannis, President William Ruto ...

Sasini Plc is the latest listed company on the Nairobi Stock Exchange, NSE, to issue a profit warning. In a ...

According to the Kenya National Bureau of Statistics (KNBS) report released on August 31, the consumer price index (CPI) went ...

Startups have become a cornerstone of economic development, and innovation around the world. In Kenya and the broader African continent, ...

Subsidy economics, a policy tool employed by governments to achieve various socio-economic objectives and influence market dynamics, has been a ...

Nigeria was the first country in Africa to roll out a central bank digital currency. The eNaira was launched in ...

The World Bank has commended the upward trend in the growth of Kenya’s economy, crediting the service sector which contributed ...

As the 16th president of Nigeria, Bola Ahmed Tinubu inherits an economy that is grappling with inflation, chronic unemployment, extreme ...

Safaricom net profit has dropped by Sh15 billion in the full year ending March 31, 2023. With the current economic state, ...

Chair of the President's Council of Economic Advisers David Ndii has confirmed civil servant’s salaries have been delayed. Speaking at ...

The Roads and Transport Cabinet Secretary Kipchumba Murkomen has said that some of the current economic challenges were left behind ...

It was just after dawn and tempers were fraying outside the First Bank in the northern Nigerian town of Kano, ...

Nigeria's Independent National Electoral Commission (INEC) said Wednesday that elections would go ahead as scheduled this month despite growing tensions ...

With just three weeks to go before Nigeria's presidential election, major cash and fuel shortages are stirring up public anger ...

An angry mob clashed with police Monday in the northern Nigerian city of Kano to protest a visit by President ...

Despite slowing growth and the worst inflation figures in a decade in 2022, African economies remain "resilient," and double-digit price ...

US Treasury Secretary Janet Yellen is heading for an 11-day trip to Africa starting this week, aimed at deepening economic ...

Intra-regional trade within the East African Community (EAC) is on an upward trajectory, standing at US$10.17 billion in September 2022. ...

Treasury CS Njuguna Ndung'u has warned Kenyans to prepare for a tough financial year. CS Ndung'u who was speaking during ...