Business and Economy

War for talent | Sola Adegbesan leaves Standard Bank for Absa

Absa’s raid on Standard Bank’s top talent is showing no sign of letting up as it sharpens its Pan-Africa ambitions,…

2 months ago

The silent thief stealing Kenya’s future

Kenya has spent the past decade positioning itself as a hub of innovation and creativity. From film and music to…

2 months ago

Ex-AfDB chief to chair Botswana diamond fund as country pushes economic diversification

Akinwumi Adesina, the former African Development Bank president,  has been appointed chairman of Botswana’s Diamonds for Development Fund, a new…

2 months ago

Absa Bank Kenya Q1 Net Profit Drops 13% to Ksh5.3B

Absa Bank Kenya PLC has posted a profit after tax of KSh5.3 billion and achieved a Return on Equity of…

2 months ago

Express Kenya plans cash call with sale of 50 million shares

Express Kenya plans to raise additional capital from existing investors by selling 50 million new shares at a price the…

2 months ago

Workers’ pain as fuel prices push inflation to 28-month high

Kenya's inflation accelerated ‌for the second month running in May, hitting its highest in more than two years, largely due to fuel…

2 months ago

Annual Meetings 2026 (AM2026): African…

The African Development Bank Group (www.AfDB.org) and the World Economic Forum (WEF) on Wednesday launched the Humanitarian and Resilience Investing…

2 months ago

South Africa Reserve Bank Hikes Rates 25bps To Fight Inflation

South African Reserve Bank Hikes Rates 25bps to Fight InflationThe South African Reserve Bank (SARB) raised interest rates by 25…

2 months ago

AfDB Commitments to Morocco Hit Record €1.3 Billion in 2025

Marrakech – The African Development Bank’s financial commitments to Morocco reached a record high of nearly €1.3 billion in 2025,…

2 months ago

African Leaders Urge Massive Investment In Energy And Infrastructure At African Development Bank Group’s 2026 Annual Meetings

African leaders called for substantial investment in energy, infrastructure, industrialisation and climate finance, while also emphasising the need for the…

2 months ago