The National Bank of Ethiopia (NBE) has maintained its 15.0% benchmark interest rate during its second Monetary Policy Committee (MPC) meeting, aiming to...

Investing is a strategic journey that requires careful planning to achieve financial growth and security. One key principle that stands...

Kenya Commercial Bank (KCB) has reported a 64.9 percent growth in profit after tax for the full year of 2024,...

In today’s uncertain economic environment, investors are constantly seeking safe and reliable options to preserve their capital while earning a...

Members of the Committee of National Economy have expressed concerns over the Ugandan government’s last-minute request for a USD 190.0 mn loan to...

Kenya’s first-ever domestic bond buyback has been successfully executed, raising KES 50.8 bn—slightly surpassing the KES 50 bn target. This is debt...

On 5th February, CBK lowered its benchmark rate by 50.0 basis points to 10.75% from 11.25%, marking the fourth consecutive reduction since August 2024, in...

Kenya's private sector maintained its growth trajectory for the fourth consecutive month in January, albeit at a slightly slower pace...

Diageo PLC, the parent company of East African Breweries, has reached an agreement to sell its 80.4% stake in Guinness Ghana Breweries...

The Kenyan Treasury has proposed a significant shift in the management of government bonds and treasury bills by assuming the...