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EAST AFRICAN COMMUNITY TO ESTABLISH ITS CENTRAL BANK
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EAST AFRICAN COMMUNITY TO ESTABLISH ITS CENTRAL BANK

The East African Legislative Assembly (EALA) Last week, passed the East African Community (EAC) Monetary Institute Bill, 2017, which will allow...

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TANZANIAN SHILLING UNDER PRESSURE

Demand for dollars by importers looking to lock in favourable rates after the Kenyan shilling’s recent gains are likely to weigh on the currency while...

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SUB-SAHARAN AFRICA GDP GROWTH FASTER THAN LAST YEAR - WORLD BANK

Sub-Saharan Africa is on course for economic growth of 3.1 percent this year, the World Bank said on Wednesday, marginally slower than it previously...

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JUMIA SINKS INTO $139.3MILLION LOSS, RECORDS A THRESHOLD OF 550 MILLION VISITS ACROSS AFRICA

E-commerce company Jumia has sunk deeper in the red, posting a $148.2million loss before tax and other costs in the year ended December...

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KENYAN MOBILE SURVEY FIRM SECURES $3.5 MILLION FOR NIGERIA AND SOUTH AFRICA EXPANSION

mSurvey, a Kenyan start-up that uses mobile phone short-messaging to gather customer feedback for clients, has secured $3.5 million to fund...

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