West Africa

EAST AFRICA

KENYA- The sale and leasing out of some of Kenya Airways’ aircraft stand to earn the national carrier about Sh11 billion, investment bankers at Citi have revealed. (BUSINESS DAILY AFRICA) READ MORE

KENYA- Small and medium sized enterprises can now access a…

EAST AFRICA

KENYA- Shoe vendor Nairobi Business Ventures trading as K Shoe today commenced trading on the Nairobi Securities Exchange’s Growth Enterprise Market Segment (Gems). (KENYAN WALL STREET) READ MORE

KENYA- The IMF has faulted Kenya’s interest rate management…

EAST AFRICA

KENYA- Kenya Re has acquired an additional 4.44 per cent stake in Zep-Re for Sh1.3 billion, cementing its position as the single-largest shareholder in the Nairobi-based reinsurer. (BUSINESS DAILY AFRICA) READ MORE

KENYA- Nairobi Securities Exchange…

EAST AFRICA

KENYA- Nakumatt Supermarkets has entered into negotiations with the State pension fund NSSF in a bid to re-start the stalled construction of the Hazina Trade Centre. (BUSINESS DAILY AFRICA) READ MORE

BURUNDI — Burundi’s central bank has signed a deal with…

EAST AFRICA

KENYA- Kenya’s bank deposits protection fund will foot the bill for the ongoing forensic audit into the collapse of Imperial Bank, the agency said on Thursday. (BUSINESS DAILY AFRICA) READ MORE

KENYA- NASI and NSE 25 Share Index advanced 0.55% and 0.29%…

EAST AFRICA

TANZANIA- Tanzania becomes the seventh African country in which Uber, an American taxi hailing firm, has extended its services. Dar is now the 475th city across 73 countries in which the online cabs firm is operating. (THE EAST AFRICAN) READ MORE

KENYA — The…

EAST AFRICA

KENYA- The banking sector has backed the Treasury’s fresh bid to raise the capital adequacy requirement for lenders. (BUSINESS DAILY AFRICA) READ MORE

KENYA- The financial market is anticipating action by the Central Bank of Kenya (CBK) to defend the…

EAST AFRICA

RWANDA- All is set for Rwanda to host the African Unit Summit scheduled for July 10 -18 in Kigali, Foreign Affairs minister Louise Mushikiwabo has said. (ALL AFRICA) READ MORE

TANZANIA- The government of the United States has announced that it will pump…