Uhuru yields to pressure, signs law that caps interest rates

President Uhuru Kenyatta has yielded to political pressure to assent into law, a Bill that regulates interest rates in the country. Similar attempts failed twice, but political pressure from Kenyans and opposition forced President Kenyatta to sign the law that caps interest rates charged by banks. According to President Kenyatta, Kenyans had expressed More...

by admin | Published 1 year ago
By admin On Friday, July 8th, 2016
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Brexit: African markets will suffer from market volatility

The short-term implications of Brexit for African economies will be mainly noticeable through market volatility. However, according to Control Risks and NKC African Economics, the longer-term impacts on Africa from More...

By admin On Thursday, June 23rd, 2016
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Eyes on travellers’ cash as Ecobank rolls out dollar denominated prepaid card

Ecobank Kenya Ltd has rolled out its US dollar denominated Pre-paid Cards to offer the Kenyan public a safe, convenient and easy way to travel without the hassle of carrying foreign exchange. Once loaded with money, More...

By admin On Wednesday, June 22nd, 2016
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Orange acquires Airtel in Burkina Faso

Orange together with its subsidiary Orange Côte d’Ivoire has completed the acquisition of 100 per cent of the mobile operator Airtel in Burkina Faso. Since the signature of an agreement with Bharti Airtel International More...

By admin On Wednesday, June 22nd, 2016
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Boost to tourism as Mombasa airport begins direct flights to Munich

Passengers flying out of Moi International Airport now have a new option for non-stop travel to Germany. Kenya Airports Authority in conjunction with the Kenya Tourism Board this morning welcomed the inaugural Condor More...