News

Artificial intelligence (AI) is revolutionizing the insurance industry, propelling it into a new era of disruption, as revealed by Technology Foresights from GlobalData. By integrating AI models ...
Kenya has agreed to a treaty that will see increased scrutiny of multinationals that have been taking advantage of tax avoidance strategies by moving profits to other jurisdictions, in global ...
Kenya and Ethiopia are among the most indebted countries in East Africa. Analysis of data from the International Monetary Fund (IMF) shows Kenya ranked second behind Egypt on high debt levels.
Ten state-owned companies have been identified for listing on the Ethiopian Securities Exchange (ESX) later in the year or early 2025. Top officials at the Ethiopian Investment Holdings (EIH), the ...
Carrefour’s closure of one of its stores in Kenya’s lake city of Kisumu comes amid stiff rivalry with Naivas supermarket in Kenya. The recently closed store at Mega Plaza in Kisumu is only a ...
The United Nations (UN) has warned that the conflict in the Democratic Republic of Congo (DRC) is likely to worsen and escalate to other countries in the region. UN human rights chief Volker Türk ...
South Sudan has signed a deal with Chinese firm Shengli Oilfield Keer Engineering and Construction Company (SOKEC) to construct an oil refinery and storage facilities.The agreement was signed ...
The Government of Kenya and ATIDI, the African Trade Insurance Agency, have today signed the Regional Liquidity Support Facility Memorandum of Understanding. RLSF, a joint initiative of ATIDI, the ...
East African Breweries Limited (EABL) is looking to raise its stake in one of its Ugandan subsidiaries that will see the brewer own 100 per cent of the company. The Nairobi Securities Exchange ...
Frelimo party’s Daniel Chapo has been sworn in as Mozambique’s fifth president after a disputed election that left several casualties during months-long protests. The President-elect took his ...
In a media landscape where fake news often overshadows the truth, Yacoub Sidya, CEO of MSS Security, Global Aviation, and Phoenix Precious Metals, believes that disinformation is one of the ...
Leatherback and MCB Bank have collaborated to facilitate easier remittances and payouts in Pakistan Rupees, enhancing opportunities for businesses and individuals across Pakistan and South Asia.