Kenyan Government Justifies Reintroduction of Rejected Finance Bill 2024
(3 Minutes Read)
Albert Mwenda, Director General of Budget, Fiscal, and Economic Affairs at the Treasury, noted that the government aims to raise Khs.170 billion...
Top Chinese Official in Kenya to Hold Bilateral Economic Talks
(3 Minutes Read)
Ruto has also asked for China’s backing for Kenya’s aim to join the BRICS group of emerging national economies. Currently, BRICS members...
Kenya’s private sector activity recovers: Latest PMI Report
(3 Minutes Read)
Business activity in Kenya rose for the second time in three months during October, primarily driven by rising sales and greater client...
Kenya’s Intracontinental Trade Increases by 26%
(2 Minutes Read)
Kenya continues to build upon its relationship with its fellow African countries, as its trade grows stronger. Intra-continental trade between Kenya and...
Ethiopia’s Investment Commission Issues 108 New Licenses During Current Fiscal
(3 Minutes Read)
Following the government’s decision to open the trading sector to foreign investors, 78 foreign applicants have shown interest, with 24 already approved...
Ethiopia’s Bank of Oromia Launches 200 Smart Branches
(2 Minutes Read)
The new "Smart" branches will enable customers to digitally perform essential banking tasks, including deposits, withdrawals, and money transfers. This digital-first approach...
IPDC of Ethiopia Attracts FDI of USD 26 Million in First Quarter of 2024-25
(2 Minutes Read)
According to IPDC’s Deputy Chief Executive Officer for Investment Promotion and Marketing, Zemen Junedi, 45 new investors have committed to ventures within...
Mauritius Lifts Ban Social Media Due to Public Ire
(2 Minutes Read)
The authorities had a change of heart following widespread anger from Mauritians at the decision, with many describing it as setting a...
Kenya and EU Ink Trade Deal
(2 Minutes Read)
The pact, the first trade agreement between the EU bloc and a developing country, ensures Kenya’s largely agricultural produce such as vegetables,...
Kenya’s MSMEs Set to Make a Mark on EAC Industry Space
(3 Minutes Read)
With the recent entry of the Democratic Republic of Congo (DRC), the EAC market now extends from the Indian Ocean to the...