Mobile money transactions in Uganda hit 40.7 trillion Uganda Shillings worth of transactions during the lockdown. This is according to data from Bank of Uganda between…
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Siemens has delivered 3,000 personal masks to Sudan’s Ministry of Health to assist in the battle against Covid-19. The delivery is the company’s latest humanitarian investment…
The Central Bank of Kenya (CBK) has denied the possibility of devaluing the Kenyan Shilling. Talks of the Kenyan Shilling being devalued has been linked to…
The Executive Board of the International Monetary Fund – IMF – has approved a disbursement of $101.96 million to Malawi under the Rapid Credit Facility (RCF),…
The world’s youngest country, South Sudan, has concluded plans to construct four oil refineries, says Nilepet Director-General for Downstream, James Yugusuk. The refineries will be built…
E-commerce platforms, Jumia is partnering with some global brands to reduce the cost of their products. Brands involved in the campaign are Samsung, Bruhm, Xiaomi, Nivea…
The second train service suspended in April is expected to leave Mombasa for Nairobi at 2.15pm and arrive in Nairobi at 7.20pm.
The Central Bank of Kenya (CBK) has maintained its benchmark lending rate at 7.00% for the fourth time. The bank adds that the current monetary policy…
The loan was approved unanimously by the House of Peoples’ Representatives, and includes a five-year grace period.
Uganda has made a U-turn on a tax agreement it signed with neighbouring Kenya in December 2019, saying it needs the revenue to meet its annual…