Africa

When you go to the market to borrow money, the market is looking at your current and past behavior

While this is not the first cross-listing the country has seen as there are a number of Kenyan firms trading on RSE, KIFC’s existence promotes such investment opportunities within Rwanda’s financial sector

The National Bank of Rwanda (BNR) has cut the Central Bank Rate (CBR) from 5% to 4.5% to support commercial banks to continue financing the economy following recent negative economic developments caused...

World Bank is deploying up to $160 billion in financial support for developing countries over the next 15 months to help protect the poor and support businesses. On Wednesday the African Development...

The measures are aimed at supporting interbank lending and freeing up cash in the money markets in response to “liquidity strains,” the Pretoria-based South African Reserve Bank said in a statement.

South Africa’s benchmark stock index plummeted to the lowest in more than six years after President Cyril Ramaphosa’s declaration of a national state of disaster over the coronavirus outbreak stoked investor concern...

Many countries across Africa have similar legislation that mandates local ownership in foreign companies, for the purpose of promoting local investment and ownership in key sectors such as telecoms.

Africa's most profitable airline company has announced that they will commence construction of Africa's largest airport in six months time. Ethiopian Airline’s chief executive officer Tewolde Gebremariam told the Ethiopian Broadcasting Corporation that...

Safaricom Shares slightly rallied by 0.71% but stabilized to 28.50 this morning after news on talks to acquire stake in Ethio Telecom went public today. Safaricom's Acting Chief Executive Michael Joseph yesterday...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 7,760,100 shares in 728 deals, corresponding to a market value of KES 241,179,647.00, were traded. 42 equities...

Otros factores menos volátiles, como la exposición al asbesto, pueden contribuir a la existencia de cáncer digestivo. La filtración ha demostrado que los kayakistas que son leídos por su condición física aeróbica...

The Central Depository & Settlement Corporation will suspend most of its services for one week starting Monday 7th to Friday 11th October,2019 as it completes the transfer of user data from the...

Today is the last day to exchange your Kes.1,000 shilling notes as they become defective tomorrow. In a circular sent to banks this morning, Central Bank of Kenya (CBK) has reminded retail...

CBK leaves lending rate unchanged at 9% after today's Monetary Policy Committee meeting.

Moody's Investors Service ("Moody's") has affirmed Ethiopia's B1 long-term issuer and senior unsecured ratings changing the outlook on the Government of Ethiopia to negative from stable on September 20, 2019. Moody's Investors...

Government owned East African Portland Cement company last week issued a one month notice termination of contract for its employees in managerial positions. Managing Director Stephen Nthei told the trading room that...

Kenya Power's net earnings for the year ended June 2019 is expected to drop by over 25 per cent as compared to a similar period last year (2018). A profit warning issued...