Savings Startup Cashlet Prepares to Launch in Kenya
Sycamore Capital's mobile-based unit trust app Cashlet is gearing for launch in the Kenyan market to bridge the low savings culture in the country
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Moody’s to Acquire 51% Stake in GCR Ratings, Expanding Presence in Africa
In South Africa, Moody’s and Global Credit Rating (GCR) intend to advance corporate social responsibility initiatives, including social enterprises that provide education and support to female-owned businesses and entrepreneurs.
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Oil Prices Extend Gains at $89.52 as Growing Geopolitical Tensions Dampens Supply Outlook.
Sources said an OPEC+ technical panel meeting on Tuesday did not discuss a hike of more than the expected 40,000 barrels of crude oil per day from March.
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Wall Street Advances, AT&T Shares Plunges 4.2% as Dividend is Cut by 50%
Google parent Alphabet Inc rose 1.7% on wall street ahead of quarterly results published after the bell. Amazon Inc and Meta Platforms Inc are also on deck later this week.
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Market Report; February 01, 2022
Car and General Plc saw its shares decline by 8.89% during Tuesday's trading session on the Nairobi Securities Exchange (NSE). Volumes on the stock however remained low, with only 600 shares traded on the counter.
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