Business / Finance
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Zimbabwe launches new notes for third currency in decade
The currency, of which a digital version was launched earlier this month, is the latest attempt to control soaring inflation in the country
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Nigeria state oil firm blames logistics for fuel scarcity
Nigeria’s state-owned oil company has warned against the panic buying of petrol, saying the prices of fuel are not changing.
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The Depreciating Kenya Shilling And How It Affects You
On the other hand, the Central Bank of Kenya (CBK) has a Monetary Policy Committee (MPC) which holds bi-monthly meetings where it deliberates on, among other things, current developments in the exchange rate market when…
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DP Gachagua asks new envoys to get market for Kenyan produce abroad
Deputy President Rigathi Gachagua has asked the newly appointed envoys to prioritise expanding the export market for Kenya’s produce for maximum economic gain
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Kenya fines Carrefour franchise Majid al Futtaim $7m
Kenya’s competition regulator has fined the local Carrefour franchise holder, Majid al Futtaim, $7.1m (£5.6m) after accusing it of forcing suppliers to accept lower prices.
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“Invest in Treasury Bonds and Bills”- Gachagua Advises Kenyans
Deputy President Rigathi Gachagua has asked Kenyans living abroad to invest in Treasury bonds and bills, assuring them of the security of their investment and better interests
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Tanzania signs controversial port deal with UAE’s DP World
The new contracts give DP World exclusive management of four of the city docks’ 12 moorings and of four more in partnership with the Tanzania Port Authority.
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Bei Ya Mafuta Kenya Yaongezwa Kwa Kiwango Cha Juu
Bei hizo mpya za mafuta zitatekelezwa kuanzia Septemba 15, usiku wa manane hadi Oktoba 14, 2023.
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Uber launches electric motorcycles in Kenya, its first in Africa
The vehicles are two-wheelers, with a place for a driver and a passenger, and instead of a petrol-powered engine are driven by an electric engine supplied by a battery.
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China leader makes first visit to Africa in five years
Mr Xi, who is also paying a state visit, arrived in Johannesburg on Monday night and was welcomed by President Cyril Ramaphosa.
