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Kenya’s private sector experienced a sharp downturn in July, according to the Stanbic Bank Kenya Purchasing Managers’ Index (PMI). The index plummeted to 43.1, signalling a significant contraction in ...
Improving the sector will promote new businesses and diversify the economy, thus supporting economic growth. Besides, the government should also significantly increase the amount of credit extended ...
Tripadvisor has released its annual list of the best nature destinations for 2023. Mauritius has been named the most popular destination on Tripadvisor’s flagship category this year, followed by ...
Maersk, an integrated transport and logistics company, has appointed Tito Okuku as its new managing director for East Africa. Okuku will oversee Maersk’s operations in Kenya, Uganda, and Tanzania.
Kenya’s inflation rate eased to 6.3% in February 2024, down from 6.9% in January, according to data released by the Kenya National Bureau of Statistics (KNBS). On a month-on-month basis, inflation was ...
In a nation striving for universal health coverage (UHC), Equity Afia medical centres are crucial in bridging the healthcare gap. Kenya’s Universal Health Coverage (UHC) initiative, outlined in the ...
Showmax 2.0 app offers features like M-PESA payments and a Premier League package, but some users experienced glitches during the initial launch.
Safaricom has expanded its financial services portfolio by securing a license for its Ziidi Money Market Fund (MMF) from the Capital Markets Authority (CMA). The new fund, a partnership between ...
The African Export-Import Bank (Afreximbank) has announced plans to significantly increase its financing for intra-African trade from $20 billion in 2021 to $40 billion by 2026. As a result, the ...
Kenya’s Parliament is seeking to amend the Central Bank Act to allow the establishment of a Shariah-compliant monetary policy. The Central Bank (Amendment) Bill, 2023, proposes the institution of a ...
Ethiopia has granted Safaricom a licence to launch M-PESA. The telco expects to roll out the mobile money services before the end of the year, which is set to lift the profile of the service. The ...
Today, the Emergency Committee on #mpox met and advised me that in its view, the situation constitutes a public health emergency of international concern. I have accepted that advice. @WHO is on the ...
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