Kenya’s financial markets ranking falls in Africa
Kenya’s financial markets’ standing in Africa has taken a major beating from the country’s foreign exchange trouble tied to dollar...
Foreign
Global economic slowing down; U.S remains strong – IMF
Marrakech, Oct. 11, 2023: The International Monetary Fund (IMF) has projected medium term global economic stagnation while appraising the economy...
Guterres presents $3.3bn budget for 2024 to UN General Assembly
New York, Oct. 11, 2023: UN Secretary-General Antonio Guterres, on Tuesday presented a budget of US$3.3 billion regular budget for...
Edun rates Nigeria next investment destination after China, India
Marrakech, Oct. 11, 2023: Nigeria’s Minister of Finance and Coordinating Minister for the economy, Mr Wale Edun, says after China...
Global economic growth continues to slow at 3% in 2023 – IMF
Abuja, Oct. 11, 2023: The International Monetary Fund (IMF) says global growth is forecast to slow from 3.5 per cent...
SMEs in Africa take more loans as global peers wean off debt
Loans to small and medium enterprises (SMEs) on the continent have increased over the past year, even as most similar...
Excitement as World Bank/IMF hold meetings in Marrakech
Marrakech (Morocco), Oct. 9, 2023: Stakeholders from across the globe have converged on Marrakesh for the 2023 World Bank/International Monetary...
Global economy slows on low trade, inflation
Global economic growth is projected to slow down from three percent in 2022 to 2.4 percent in 2023, says a...
Uganda suspends operations at Chinese-operated oilfield
The Petroleum Authority Uganda (PAU) on October 7 suspended all operations at the Chinese-operated Kingfisher oilfield over safety concerns, after...
Safaricom’s stake in Kenya economy at $6bn
Safaricom grew its contribution to the Kenyan economy by 25 percent to move closer to the Ksh1 trillion mark ($6.7...
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