Kenya, Uganda, and Tanzania revenues grew 30%, 24%, and 21%, respectively, compared to last year’s period, on easing of COVID-19 restrictions.
Author: Korir Issa
Korir Issa
IK, a Masinde Muliro University grad, tackles social justice through journalism. He analyses news and writes on women's rights, politics, technology, law, and global affairs.
KCB’s new interest rates are currently the highest compared to the average industry interest rates on fixed deposit accounts that now stand at 6.61 per cent with savings accounts having declined to 2.56 percent from 3.37 percent in 2021.
The global economic outlook ‘gloomy and more uncertain.’
Equity Group’s Africa Resilience Plan is envisaged to provide financing of up to 2% of the combined GDP of the six economies in Eastern and Central Africa.
MTN currently has 34.5 million subscribers, making it the second largest mobile operator behind Vodacom. Telkom has 16.9 million mobile subscribers.
The loan is part of the African Development Bank’s $1.5 billion African Emergency Food Production Facility