Market News


Africa needs partnership not help, President Kenyatta says

President Uhuru Kenyatta has said African nations need partnership in order for them to achieve their development agenda and not patronage especially ...

Nigeria June Inflation Highest in 10 Years – Africa Business News Roundup

Inflation in Nigeria has hit its highest level in almost a decade, surging to 16.5% in June. It highlights a deepening ...

Five Kenyans shortlisted for 2016 CNN MultiChoice African Journalist Awards

Finalists in the prestigious CNN MultiChoice African Journalist 2016 Competition were announced today by Ferial Haffajee, Chair of the independent judging panel. ...

Election of AU new Chair postponed -Africa Business News Roundup
Africa Economy
Election of AU new Chair postponed The African Union summit meeting in Kigali will be voting for a new AU commission on ...

Recent Commodity Price Decline Forces African Economies to Struggle

The global commodity price boom that began in 2003 was fueled in large part by rising demand in China, Brazil, India and ...

Tomato Prices Still High in Nairobi: Cost of Living

It is now more than two months since the prices of tomatoes went up and residents of Nairobi are likely not to ...

Interbank Rate Remains below CBR
money-investing-finance-markets
The interbank rate has remained below the CBR, indicating relatively good levels of liquidity in the market. The central bank has been ...

Airline Ticketing Credit Period Reduced to 15 days in Kenya

The International Air Transport Association (IATA) has reduced the ticketing period to 15 days from 30 for air tickets purchased from travel ...

Tougher Days Ahead as Fuel Prices Increased

Kenyans will start feeling the heat on Friday after the Energy and Regulatory Commission (ERC) hiked fuel prices in the country. On Wednesday, the ...

Uchumi Pays KES 240Mn to 170 Suppliers in Revival Strategy
uchumi-supermarkets
The Uchumi Supermarket chain has paid KES 240 million to its suppliers who signed up for the escrow account in May. "I am ...






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