Business and Economy

Lawmakers criticize Ruto’s Singapore plan, cite basic needs

Lawmakers Critique Ruto's Singapore Economic Model Embakasi East MP Babu Owino and Kiharu MP Ndindi Nyoro have expressed reservations regarding…

4 months ago

KenTrade Efficiency Boost Could Benefit Kenyan Competitiveness

Kenya’s government is emphasizing the importance of trade facilitation as a key driver of economic growth. A recent meeting between…

4 months ago

Kenya Rejects Claims of Strained Ties with China

Foreign Affairs Principal Secretary Korir Sing’Oei has refuted reports suggesting a strained trade relationship between Kenya and China. He described…

4 months ago

GW Platt Recognizes Top Foreign Exchange Banks in Africa 2026

Ecobank has been recognized for its foreign exchange capabilities in Africa, leveraging digital platforms to streamline payments and provide liquidity…

4 months ago

Nigeria Banks Face 2026 Recapitalization Requirements

The Central Bank of Nigeria (CBN) implemented a new capital requirement for banks, prompting questions about the stability and financial…

4 months ago

Kenya Suspends Trade Agreement with China

Kenya has delayed signing a trade agreement with China. The delay comes as the nation seeks to renew its participation…

4 months ago

Japan and Kenya Upgrade Port of Mombasa

A Japanese parliamentary delegation, led by Councillor Akiko Ikuina, recently visited the Port of Mombasa. The visit highlighted the long-standing…

4 months ago

Kenya’s Trade Deficit Widens Amid Rising Asian Imports

Kenya faces a widening trade imbalance, presenting a challenge to policymakers aiming to stabilize the external account through export growth.…

4 months ago

Flutterwave Buys Mono to Expand African Open Banking

Flutterwave, a leading payments technology company in Africa, has acquired Mono, a provider of open banking infrastructure. The acquisition aims…

4 months ago

Kenyan court suspends challenge to EABL acquisition

A Kenyan court has postponed a hearing concerning an attempt to block the sale of Diageo’s business in the country…

5 months ago