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Browsing: Kenya
The influx of used clothes from the west in effect affects the development of textile industries in the EAC Five…
Kenya’s ultra-wealthy performed better than their counterparts elsewhere in the world in 2023 The world’s wealthiest saw their fortunes slashed…
The Kwacha is the official currency of Zambia. The country’s foreign exchange rate remained unsettled for a very long time. However, Zambia has made substantial steps in recent years to strengthen its currency through economic measures and foreign support.
Zambia has set an example for other African nations by efficiently controlling its currency. While facing numerous economic issues, such as a drop in copper prices and a large debt, the Kwacha exchange rate has remained reasonably constant.
I&M Group PLC has appointed East African Breweries Limited Group Chief Financial officer Risper Genga Ohaga as an Independent Non-Executive…
Over the past decade, African countries have accumulated external debt at a faster pace. The countries have capitalized on abundant, low-cost international credit for fiscal and balance-of-payments funding to help drive development plans.
Africa’s total external debt, accrued by both the private and public sectors, owed to foreign lenders, has surpassed $1 trillion. The related annual debt servicing costs broke through the $100 billion threshold for the first time in 2021.
Before the Covid-19 Pandemic struck, East African countries had a common agenda to invest in infrastructure development. As the three…
The 2022 Ibrahim Index of African Governance (IIAG) by the Mo Ibrahim Foundation has ranked Kenya 13th for Overall Governance…
The Kenyan–Uganda border of Malaba. It is one of the businesses in the East Africaregion For years, the East African…
2022 has been a mixed bag of fortunes for the East African Community (EAC) as economies in the region implemented…
Remittance flows to developing regions were shaped by several factors in 2022 including reopening of host economies as the COVID-19…