Browsing: East Africa Business News

Ethiopian Prime Minister, Abiy Ahmed is shaking up several sectors in a liberalisation drive aimed at transforming Ethiopia

There will be no regulation of the price of maize and other cereals in Tanzania despite a growing shortage that has seen the local staple food…

The country’s apex bank, it took the decision noting that inflation expectations remain within the target range

Peter’s appointment follows a strong desire expressed by the board to appoint a Kenyan for the first time to the helm of one of Africa’s most respected and leading brands.

Peter brings with him substantial multinational experience from previous senior management roles in Ghana, Nigeria, Kenya and the United Kingdom.

Construction of onshore facilities has been awarded to a consortium led by Japan’s JGC, U.K firm TechnipFMC and U.S. company, Fluor Corp

Ethiopian Airlines on Wednesday denied whistleblower accusations that it tampered with the maintenance records of the Boeing 737 MAX jet

The two-year standby loan facility, which expired in September last year, is intended to cushion the shilling against external shocks

Tanzania has tightened regulatory oversight over commercial banks and other financial institutions over the past few years

Another $350 million loan and a $57 million grant will go towards developing a port, road, electricity and water supply in Mombasa

President Lungu said Zambia will endeavour to tackle domestic arrears and maintain debt within sustainable levels