Stats
-Sukuk bonds afford investors the opportunity of direct participation in the projects, and Sukuk markets have potential to be a source of funding for long term projects
- They can also be used by an institution to unlock funds…
By Umidha Steve
Family Bank has secured Sh 3.33Billion (30Million Euros) to provide lower-cost long term loans to small and medium sized businesses from European Investment Bank barely two weeks after receiving a similar facility of…
By Staff Writer
Etihad Airways has recorded strong growth in passenger and cargo volumes in its 2015 performance.
The airline carried 17.4 million passengers last year, marking an increase of 17 per cent compared…
Statistics
-A total of 19,966 vehicles were sold last year, a growth rate of 15 percent
-The government is betting on the new taxes to raise additional Sh25billion to help finance its national budget
- Under the new law Used…
Russian Government has detained a senior prison service official on suspicion of stealing a 50-kilometre (31 mile) stretch of public road.
Alexander Protopopov oversaw the dismantling of a concrete highway and sold off the slabs as…
By Monicah Muema
Nairobi is Africa’s third largest city and the regional hub for East Africa.
It is also the only city in the world to boast a 12,000-hectare park, teaming with wildlife, right on its doorstep. Rolling plains,…
By Monica Muema
Kenya’s tourism ministry has launched a Sh 30 million SMS campaign in an effort aimed at wooing domestic travelers as part of its recovery strategy.
At the same time, the government will soon be unveiling a…
Togo is to host an additional Africa Hotel Investment Forum (AHIF) in spring 2016 reflecting the country’s optimism for further economic expansion.
AHIF conferences is expected to bring together major international investors, business…
Warehousing and industrial developer ‘Improvon’ and the growth market private equity investor ‘Actis’ have partnered to launch Zambia’s first A-grade light industrial park.
York Commercial Park is set to be an ultra-modern logistics,…
South Africa's rand remained on shaky ground against the dollar on Tuesday after tumbling as much as 9 percent in the previous session over concerns about both the Chinese and local economies.
The JSE securities exchange's Top-40 futures…
