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Business and Economy
Covers economic trends, financial markets, startups, trade, inflation, employment, and policy decisions impacting Kenya and African economies.
Uganda revives stalled CEO hiring at Kenya Pipeline
- By Black Hot Fire Network Team
- . July 30, 2026
The Ugandan government has appointed directors to the board of Kenya Pipeline Company (KPC) Plc, reviving the stalled recruitment of the firm’s chief executive under
Nigerian-owned Caribbean bank takes Zambia to court in $40 million fight over failed bank investment
- By Black Hot Fire Network Team
- . July 30, 2026
Bank of Nevis International (BONI) has filed for judicial review against the Bank of Zambia, the country’s finance minister and attorney general, claiming regulators
Real estate, law firms top Kenya’s money laundering risk list
- By Black Hot Fire Network Team
- . July 29, 2026
More than half of the firms flagged for higher exposure to money laundering risks are in the real estate and legal services sectors, putting these
Timebomb: Why Gen Zs say Kenya has lost its way
- By Black Hot Fire Network Team
- . July 29, 2026
Two years after Kenya’s historic Gen Z uprising blindsided state security agencies and transformed the country’s political landscape, an alarming new poll has fired a
Standard Bank’s Yuan Payment Volumes Top US$1bn
- By Black Hot Fire Network Team
- . July 28, 2026
Africa’s largest lender by assets, Standard Bank, said it processed more than 8 billion Yuan (about US$1.2 billion) in renminbi transactions through China’s Cross-Border Interbank
Kenya refuses to renew UK defense pact following parliamentary probe into British troop abuses
- By Black Hot Fire Network Team
- . July 28, 2026
The decision means a major exercise involving the British Army’s 1st Battalion, Duke of Lancaster’s Regiment, scheduled to begin in September, will no longer
Smart AI regulation will power Kenya’s next innovation wave
- By Black Hot Fire Network Team
- . July 27, 2026
Artificial intelligence (AI) is no longer a technology of the future. It is transforming industries, improving productivity and creating new economic opportunities. For Kenya, the
Embedded Insurance Offers Covers for Kenya’s Gig Economy
- By Black Hot Fire Network Team
- . July 27, 2026
Kenya’s insurance industry is increasingly embracing embedded insurance as firms seek to expand health cover beyond traditional employer schemes by integrating protection into digital platforms
Africa’s biggest bank warns South Africa against restricting migration, citing Brexit’s economic damage
- By Black Hot Fire Network Team
- . July 26, 2026
Standard Bank Group CEO Sim Tshabalala made the remarks at the Kgalema Motlanthe Foundation Winter Seminar in Johannesburg, where political and business leaders discussed
Bank of Africa, Italy’s SACE Partner to Finance Projects Across Africa
- By Black Hot Fire Network Team
- . July 26, 2026
Marrakech – Bank of Africa and SACE, the Italian export credit agency owned by Italy’s Ministry of Economy and Finance, signed a cooperation agreement in