Business / Finance
-
Foreign Nationals Targeted in South Africa’s Extortion Explosion
Immigrant-run shops were also a focus of an explosion of xenophobic unrest earlier this year when scores were looted, torched or forced to shut during protests demanding that undocumented foreign nationals leave the country.
-
Dangote plans to sell more than 4 billion ordinary shares of his company
Dangote Group CEO Aliko Dangote has discussed the company’s upcoming IPO and plans to further expand its Lagos refinery.
-
Singapore’s DBS Bank Sued for $1 BN in 1MDB-Linked Claim
The bank did not give details about the lawsuit, but said: “It is a matter of public record that there have been global recovery efforts relating to 1Malaysia Development Berhad.”
-
IMF Reaches Agreement With Senegal On New $2.2 Bn Loan Programme
The International Monetary Fund has reached an agreement with Senegal on a new $2.2 billion debt programme, after a prior deal was suspended following discovery of previously unreported debt.
-
Factory Revival Breathes New Life into Muhoroni Economy
Muhoroni Sugar Company 2025 Limited is emerging as one of the success stories of Kenya’s ongoing sugar sector revival, with factory operations restored and farmers receiving prompt payments. The factory, which had been idle and…
-
Why Smart Professionals Are Buying Phones for Performance, Not Prestige
The smartphone on the table used to say a lot about the person sitting behind it. A premium logo could signal success before a conversation even started. In boardrooms, restaurants, and airport lounges, the device…
-
Fly Skyward Airline Launches Inaugural Flight from Nairobi to Garissa
NAIROBI — Fly Skyward Airline has launched its inaugural scheduled flight from Wilson Airport to Garissa, a move set to strengthen air connectivity and unlock new opportunities for the people of Garissa and the wider…
-
Boost as young environmental innovators awarded KSh 31.5 million
Nairobi, Kenya, 31 July 2026 – The Kenya Community Development Foundation (KCDF) has awarded KES 31.5 million to seven youth-led enterprises and community organisations developing groundbreaking solutions to some of Kenya’s most pressing environmental challenges.…
-
BMW Aims to Cut 8,000 Jobs by End 2027: Company Source
About 40,000 of BMW’s roughly 85,000 permanent German employees would receive the offers from October, the source said, adding that production line workers would be spared the cuts.
-
Carrefour Kenya, KCB Bank Kenya and Mastercard Launch Prepaid card for Smarter Grocery Budgeting
Nairobi, Kenya, 28 July 2026: Carrefour, which Majid Al Futtaim holds the exclusive rights to operate in Kenya, has collaborated with KCB Bank Kenya and Mastercard to launch the Carrefour Prepaid card. The payment solution…
