Global Capital Fuelling African Property Markets
Market News
Despite Africa’s slowdown; property developers and private equity funds continue to pour investment into the continent, but with more focused
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Month: July 2016
Depositors of Imperial Bank to access funds from KCB, DTB and NIC
uncategorized
Over 10,000 depositors of Imperial Bank limited (in receivership) will begin accessing their funds from Tuesday, by up to Sh1 million each
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CBK holds lending rate at 10.50 pct
Market News
Central Bank of Kenya held its benchmark lending rate at 10.50 percent on Monday in order to anchor inflation expectations
By David Indeje
·Yahoo Acquired by Verizon for US $4.83 Billion
Technology
Yahoo has finally found a new home after operating independently for more than 2 decades. Verizon, which is an American broadband
By Juma
·The Betting Craze in Kenya: Sportpesa beyond Kenya
Investment
The Kenyan online gaming company SportPesa has signed a multi-million-pound deal to be an official sponsor of Hull City Tigers.
By Juma
·Standard Bank Group Granted Full Banking License in Cote d’Ivoire
Market News
Standard Bank – trading as Stanbic Bank – has been formally awarded a banking license in Côte d’Ivoire. The Group
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Carrot Prices Highest in Mombasa, Kitale and Eldoret
Commodity Watch
A 50kg bag of red Irish Potatoes is retailing at Sh. 3,200 in Kisumu and this is the highest market
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Ethiopia Receives 14 Million Praziquantel Tablets
Investment
Merck, a leading science and technology company, today announced that the largest delivery of praziquantel tablets ever shipped to Ethiopia
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Zuku appoints new CFO from Safaricom
Investment
Wananchi Group’s home entertainment brand Zuku has today announced key appointments to its top management in a bid to improve
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East Africa Closes FDI gap, with Kenya a Big Gainer: Africa News Roundup
Africa News
East Africa closes the FDI gap In 2015, East Africa recorded its highest share of FDI across Africa, achieving 26.3%
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