Ethiopian lawmakers have passed legislation allowing foreign banks to operate within the country, a crucial step in the government’s efforts…
Browsing: MARKETS
The latest business and financial market news and analysis from East Africa and the Continent.
Kenyan consumers remain concerned about rising food and non-alcoholic beverage prices, creating a sense of market jitters. This is despite…
A recent report by the Common Market for Eastern and Southern Africa (COMESA) Competition Commission reveals that oil firms in…
The World Bank has downgraded its economic growth forecast for Kenya to 4.7% from an initial 5.0%, citing the impact…
The Stanbic Bank Purchasing Managers’ Index (PMI) for Kenya rose to 50.9 in November from 50.4 in October, indicating a…
Kenya’s inflation rate climbed to 2.8% in November 2024, up from 2.7% in October. The increase was primarily driven by…