A new World Bank study presents a sobering assessment of the financial health of electricity utilities in Sub-Saharan Africa, and suggests how utilities can be profitable while extending affordable services for the poor.
NAIROBI, April 18 (Xinhua) -- The International Monetary Fund (IMF) forecast Tuesday that economic growth in Sub-Saharan Africa will reach 2.6 percent in 2017, well below its global growth forecast of 3.5 percent.
NAIROBI, April 18 (Xinhua) -- Kenya in this fiscal year has borrowed more from internal than external sources despite the government planning to borrow more from the latter.
East Africa’s economy has continued to grow despite the adverse effects of drought being felt across the region according to ICAEW’s (the Institute of Chartered Accountants in England and Wales) latest report.
Nairobi 5th April 2017…The Kenya Bureau of Standards (KEBS) has urged stakeholders to acquaint themselves with a new global online system that provides information on trading conditions for World Trade Organization (WTO) Member Countries.
Nairobi: April 5, 2017: The upturn in Kenyan private sector business conditions came to an end during the March following more than three years of sustained expansion, the Stanbic Bank - HIS Markit Purchasing Manager’s Index has shown.
Nairobi -- In celebration of Global Money Week, Uber and Old Mutual have announced that they will be extending its free money management course that took place in South Africa to its driver-partners in Accra, (Ghana), Lagos (Nigeria) and Nairobi, (Kenya).
Huawei has released its audited financial results for the year end 31st December 2016, reporting that the Europe, Middle East and Africa (EMEA) region is now the firm’s second largest revenue contributor.
NAIROBI, March 31 (Xinhua) -- Kenya's overall year-on-year inflation rose to 10.28 percent in March from 9.04 percent in February driven by increases in several food items due to prevailing drought conditions, the statistics bureau said on Friday.
As M-PESA turns 10, data shows 93% of WorldRemit’s money transfers to Kenya go to mobile money accounts
NAIROBI, Kenya, March 28, 2017/ -- To mark the 10th anniversary of ground-breaking mobile money service M-PESA, WorldRemit (www.WorldRemit.com) has released new data showing that the Kenyan diaspora is the biggest sender of digital remittances to mobile accounts.