NSE hunts elusive IPO as market conditions improve

By Kepha Muiruri,

The Nairobi Securities Exchange (NSE) will be seeking an end to a five year dry spell which has seen it go without a listing by initial public offer (...

nse

NSE seeks lift from 2020 bear run as trading resumes

By Kepha Muiruri,

The Nairobi Securities Exchange (NSE) will be hoping for a lift in 2021 with trading resuming for the New Year on Monday. Among key remedial measur...

bulls & bears , COVID-19 , Nairobi Securities Exchange (NSE)

African free trade bloc opens for business, but challenges remain

By Reuters,

African countries began officially trading under a new continent-wide free trade area on Friday, after months of delays caused by the global coronavir...

AfCFTA

Equity Group appoints Christopher Newson as non-executive board director

By Citizen Reporter,

Equity Group Holdings Plc has announced the appointment of Christopher Newson as a Non-Executive Director to its Board. Christopher is a career ban...

Equity Group

Bharti Airtel to exit Ghana, government in talks for shares takeover

By Reuters,

Ghana and telecoms operators Airtel and Tigo are in advanced stages of discussions for the transfer of AirtelTigo shares to the government of Ghana, t...

Airtel

African money transfer firms thrive as pandemic spurs online remittances

By Reuters,

Having fled an economic implosion in his native Zimbabwe, Brighton Takawira was able to support his mother back home with modest earnings from a small...

coronavirus , money transfer , mpesa

Netflix turns to telecoms in challenging African markets

By Reuters,

Netflix Inc is showing more African-made content and working with telecoms operators to make it easier for potential subscribers to make payments, a s...

africa , Multichoice , Netflix , Showmax

Kenya Tourism Board nominated for excellence in policy making

By Citizen Reporter,

The Kenya Tourism Board (KTB) has been nominated for the 2020 Africa Tourism Leadership Awards ‘Leading in Progressive Policies’ category by Afric...

KTB

Kenya’s financial markets attractiveness drops to 7th spot in Africa- Report

By Kepha Muiruri,

The attractiveness of Kenya’s financial markets on the continent has slumped to position seven from three according to a just released report. Ac...

Absa Africa Financial Markets Index 2020 , Capital Markets Authority (CMA) , Nairobi Securities Exchange (NSE)

Over 70 leaders to speak at the 2020 U.S Diaspora and Trade Deal Event

By Agencies,

Over 70 speakers from across the world are set to grace this year's U.S Diaspora and Trade Deal Event (DITDE) which will facilitate a new narrative of...

e-conference for leading women in banking, finance to promote gender diversity in leadership

By Rachel Ombaka,

The Kenya Bankers Association (KBA) is set to convene the Africa Regional e-Conference for Leading Women in Banking and Finance from 15-16, October, 2...

andia chakava , Graca Machel Trust , Kenya Bankers Association , New Faces New Voices

Africa’s dollar flows from migrant workers set to fall by Ksh.1.2T, study reveals

By Kepha Muiruri,

Dollar flows to Sub-Saharan Africa from its migrant population abroad is expected to decline in 2020 by Ksh.1.2 trillion ($11 billion) in 2020 or an e...

Central Bank of Kenya (CBK) , Covid-19 pandemic , remittances

Tullow Oil appoints Rahul Dhir as chief executive officer

By Reuters,

Tullow Oil said on Tuesday it had appointed Rahul Dhir, who currently leads smaller Africa-focused oil and gas producer Delonex, as chief executive. ...

Rahul Dhir , Tullow Oil

Kenya in line to save Ksh.244 billion from debt restructure – World Bank

By Kepha Muiruri,

Kenya stands in line to realize gains of up to Ksh.243.6 billion ($2.3 billion) from the suspension of all 2020 loan repayments to its external credit...

IMF , Kenya's debt , National Treasury , World Bank Group

Report: Africa Delivers Largest Profits on Investment

By CNN,

British companies have made bigger profits investing in Africa than in any other region of the world, according to a new report from the Overseas Deve...

Overseas Development Institute

Tullow Oil Kenya announces plan to fire some of its 650 staff

By Kepha Muiruri,

British-based oil explorer Tullow has issued a redundancy notice with respect to its staff members in Kenya, signalling massive job losses at the firm...

Tullow Kenya

Bank of America projects Kenya’s potential Eurobond to outperform peers

By Kepha Muiruri,

Kenya is more receptive of investments to its external debt market issues placing the country at the peak of regional Eurobond issuers, a new report s...

Bank of America , Eurobonds , National Treasury

Tullow planned exit complicates Kenya’s petrodollars quest

By Kepha Muiruri,

Tullow’s planned exit from its equity stake in Project Oil Kenya has opened up fresh questions into the country’s future oil exploits. This is ...

Ministry of Petroleum , Tullow Oil

Tullow Oil drops CEO after poor performance in West Africa

By Kepha Muiruri,

British based oil exploration firm Tullow Oil has dropped its Chief Executive Officer Paul McDade by mutual consent following the executive’s poor s...

oil exploration in Kenya , Tullow Oil

Africa’s largest women in tech festival kicks off

By Citizen Reporter,

The Africa Women in Tech festival kicked off in Nairobi on Wednesday. Under the theme 'Scaling Technology in Africa', women from Ghana, Nigeria, Ma...

Africa Women in Tech festival