The Trading Room

According to Centum's annual report, the MSP portfolio of cash securities, which is managed by Centum's asset management subsidiary Nabo Capital, returned 14% during the period, up from 13.1% in 2021.

The last time the forex reserves were at this level was in October 2017, underlining the pressure on the Central Bank to shore up the forex reserves amid the shilling's decline and increased demand for...

NCBA Bank Tanzania is now shifting its focus to serving large corporations while closing excess branches in specific locations.

Kenya Airways' negative equity increased to Kes 98.3 billion at the end of June, up from Kes 83.3 billion in December, a Kes 15 billion increase in six months.

SINGAPORE: Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output, and the partial shutdown of a U.S. refinery. Brent crude rose 45...