The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has entered into a re- guarantee transaction of an amount of up to USD 74 million with GuarantCo to increase its guarantee capacity for SME financing. SME’s have a…
Gulf African Bank has signed a Memorandum of Understanding with Kenya National Chamber of Commerce & Industry - Mombasa County aimed at boosting economic inclusion and empowerment of SME’s in the coastal County.
The partnership will…
Longhorn Publishers in partnership with the Kenya Private Schools Association (KPSA) has reassured teachers of the availability of the learning materials to implement the competence-based curriculum.
Speaking on behalf of the Managing…
Sarova group of hotels has moved to strengthen its position in the country’s hospitality sector with the announcement of the 10th property under its belt.
The company Tuesday signed a management contract with the McCarthy Family to…
Kenya's GDP is forecast to grow on weakened political environment, this is according to ICAEW’s (the Institute of Chartered Accountants in England and Wales) latest report.
In Economic Insight: Africa Q1 2018, launched Wednesday, the…
South African organisations continue to report the highest instances of economic crime in the world with economic crime reaching its highest level over the past decade, according to PwC’s (www.PwC.com) biennial Global Economic Crime Survey…
Kenyan commercial bank, Gulf African Bank limited (GAB) Tuesday opened a new branch along Nairobi's Luthuli Avenue in a series of planned countrywide expansion drive by the lender.
GAB's managing director Mr. Abdullah Abdulkhalik said…
The company's steam revenue increased from Kshs 2,465 million to Kshs 3,154 million due to completion of new wellheads plants and improved power evacuation following completion of Olkaria-Suswa transmission line.
The Kenyan government has successfully priced a new $2 billion Eurobond issue at the London Stock Exchange, which attracted bids worth $14 billion (KES 1.4 trillion) meant to finance its operations.
This comes despite huge amounts of…
