Eveready weighed down by counterfeits

Eveready East Africa will close its manufacturing plant in Kenya after facing cut-throat competition from cheap battery imports
S.Africa stocks rise as strike talks boost miners

Kenya launches new trading platform for bonds

The Nairobi bourse has enhanced its bond trading system with a new platform for trading corporate and government bonds.

Tanzania lifts cap on foreign investors

Foreign investors will now be able to buy more than 60 per cent of shares from Dar es Salaam Stock Exchange (DSE) listed companies.
Africa should look at trade finance assets: Jason Barrass

Kenya to update base year for GDP data

Kenya will update the year it bases its calculations of economic output on from 2001 to 2009 next Tuesday.

Exploring NIC Bank's future prospects

Financial services provider, NIC Bank has received regulatory approval to a rights issue days after listing an oversubscribed bond.

Kenyan authorities approve use of thin SIM tech

The Communications Authority of Kenya (CA) has given approval for the use of thin SIM technology in the East African country.
Co-op bank Kenya brings McKinsey on board to steer growth plan

Co-op bank Kenya brings McKinsey on board to steer growth plan

Financial services firm Co-operative Bank of Kenya has hired McKinsey & Company to guide it on its next phase of growth.

East Africa's captains of industry honoured

Four East African investors have been feted for excellence in business leadership.

Kenya braces for poor performance from top FX earners

Kenya’s economy is bracing for a meagre performance from its soft commodities which contribute heavily in foreign exchange earnings.

Global court orders Kenyan president to attend hearing

Judges at the ICC have ordered Kenyan President Uhuru Kenyatta to attend a hearing over how to proceed with his stalled trial.
Brent holds above 106 US Dollars

Canadian firm discovers more oil in Kenya

Canadian oil and gas exploration company, Africa Oil Corp, has discovered more oil in the North Western part of Kenya.

Kenyan authorities approve MMI's Cannon acquisition

The Competition Authority of Kenya has approved the acquisition of Cannon Assurance by a South African insurance firm.

Prudential acquires Kenyan life insurer

UK’s biggest insurer, Prudential, is set to shake up Kenya’s insurance sector following the entry of the international firm in the country.

Kenya marks first memorial of Westgate massacre

Kenya has begun to mark its first memorial of the Westgate terrorist attack that left over 60 dead on September 21 last year.

Kenya's president approves 5% capital gains tax

Kenya's President Uhuru Kenyatta has signed into law a 5 percent capital gains tax.

Kenya cuts country’s growth forecast

The Kenyan government has revised its economic growth forecast for 2014 to between 5 and 5.5 per cent.

World Bank partners Tanzania on port improvement project

The World Bank Group is partnering with the government of Tanzania on the country’s port improvement project.

Dangote ready to milk Kenya’s dairy sector

Nigeria’s Dangote Group is set to stir up Kenya’s dairy sector by setting up a dairy plant in the East African nation.
Finding African solutions to local problems

Tanzania's Tigo launches mobile money service

Tanzania’s Tigo has launched the world's first mobile money service with automatic returns for its customers.

Insight into Uhuru Kenyatta's ICC trial

The International Criminal Court (ICC) case against Kenya’s President Uhuru Kenyatta is dwindling as the ICC is not ready to begin trial.