Business

Kenya: May inflation eases to 5.47% despite rising Consumer Price Index

The country's year-on-year inflation rate eased to 5.47 per cent in May from 5.62 per cent in April, latest data…

May 30, 2020

Business: Gold rises as investors head to safe havens

Gold prices ticked up on Friday as the Sino-US rift deepened over further moves by Beijing to impose a security…

May 29, 2020

Business: Libya’s Economic Losses From Ports Blockade Reach About $5 Billion

The company added that these losses were a serious blow to the national economy. In January, the NOC announced an…

May 28, 2020

Business: Bolt raises capital of Sh11billion to upgrade product segments

Ride-hailing firm Bolt has raised Sh11 billion worth of investment capital from Naya Capital Management to boost its growth and…

May 27, 2020

Kenya: High loan provision eats into banks’ Q1 profits

High forward-looking loan provision in the wake of Coronavirus dent banks’ profits in the first three months of the year.…

May 25, 2020

South African businesses under COVID-19 pressure

Strict measures adopted by South Africa to curb COVID-19 continues to bite entrepreneurs. Fino Dlamini, started her business only in…

May 24, 2020

Business: Gordhan Stakes Clout for South Africa on Reviving Airline

Pravin Gordhan, South Africa‘s minister for public enterprises, is staking his own credibility and that of President Cyril Ramaphosa‘s government…

May 24, 2020

Zimbabwe: RBZ tightens reins on mobile money

The Reserve Bank of Zimbabwe (RBZ) introduced more measures yesterday affecting EcoCash agents as part of what is now seen…

May 23, 2020

Business: Ethiopia’s synergy electricity

Transformation of the agricultural sector… Ethiopia turns to alternative energy sources to counter the harmful effects of coronavirus. Coronavirus disruptions…

May 22, 2020

South Africa: Informal traders join call for unbanning of cigarette sales

The South African Informal Traders Alliance (Saita) and a tobacconist have warned that the ban on the sale of cigarettes…

May 21, 2020

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