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Category: Business / Finance

Anti-graft watchdog flags Sh196m paid to Isiolo County accountants
Africa Business / Finance Politics

Anti-graft watchdog flags Sh196m paid to Isiolo County accountants

Joan WafulaSeptember 28, 2022September 28, 2022

The anti-graft watchdog has flagged off five Isiolo County accountants for allegedly receiving close to Sh200 million in their personal…

Museveni criticizes EU objections to East Africa oil project
Africa Business / Finance East Africa Environment People Politics

Museveni criticizes EU objections to East Africa oil project

Joy CheptooSeptember 28, 2022September 28, 2022

Ugandan President Yoweri Museveni has criticized the European Union (EU) parliament for calling on his government to halt a strategic pipeline project with neighbouring Tanzania.

Markets endure further losses, dollar rises as central banks turn screws
Business / Finance International

Markets endure further losses, dollar rises as central banks turn screws

Mwanzo EditorSeptember 23, 2022September 23, 2022

Asian markets fell again Friday and the dollar extended gains as part of a global sell-off fuelled by recession fears after central banks around the world ramped up interest rates to fight decades-high inflation .

President Ruto pushes for more trade ties with US at Chamber of Commerce meeting
Africa Business / Finance East Africa

President Ruto pushes for more trade ties with US at Chamber of Commerce meeting

Mwanzo EditorSeptember 21, 2022September 21, 2022

The President also attended talks on fertilizer production and green energy to boost Kenya’s agricultural sector, job creation and economic resilience

Russia offers Africa free fertilizer
Africa Business / Finance People

Russia offers Africa free fertilizer

Mwanzo EditorSeptember 21, 2022September 21, 2022

The country is ready to transfer 300,000 tons of Russian fertilizers accumulated in EU ports due to Western sanctions to developing countries free of charge.

Fuel prices jump in Kenya after subsidies cut
Africa Business / Finance East Africa

Fuel prices jump in Kenya after subsidies cut

Mwanzo EditorSeptember 15, 2022September 15, 2022

Price of petrol increased by 20 shillings to 179.30 (about $1.50) per litre while diesel and kerosene prices are up by 20 and 25 shillings respectively

Stock markets rise after Pelosi’s Taiwan trip
Business / Finance

Stock markets rise after Pelosi’s Taiwan trip

Mwanzo EditorAugust 3, 2022August 3, 2022

Investor concerns over US-China tensions have eased

Wachimba migodi wavumbua almasi inayoaminika kuwa kubwa zaidi kuwahi kupatikana katika miaka 300
Africa Business / Finance Features

Wachimba migodi wavumbua almasi inayoaminika kuwa kubwa zaidi kuwahi kupatikana katika miaka 300

Maureen MedzaJuly 27, 2022July 27, 2022

Almasi hiyo adimu imepewa jina ‘Lulo Rose’ iligunduliwa katika mgodi wa Lulo nchini Angola na Kampuni ya Lucapa Diamond.

Kenya yarejelea mauzo ya mirungi Somalia
Business / Finance East Africa Features Politics

Kenya yarejelea mauzo ya mirungi Somalia

Maureen MedzaJuly 25, 2022July 25, 2022

Somalia ilitangaza kupiga marufuku mirungi kutoka Kenya mnamo Machi 2020 huku kukiwa na mzozo wa mpaka wa baharini kati ya majirani hao wawili wa Afrika Mashariki.

India, EU resume free trade talks after nine-year gap
Africa Business / Finance Europe International People Politics

India, EU resume free trade talks after nine-year gap

Leah NgariJune 27, 2022June 27, 2022

The European Union is India’s second-biggest trading partner after the United States but talks with the bloc broke down in 2013 over issues including tariff reductions and patent protection.

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