Commercial banks are expected to slash their payment to shareholders further as earnings take a hit from the COVID-19 pandemic. Registering negativ...
The Central Bank of Kenya (CBK) says it is working with member banks on a scheme to cushion micro, small and medium enterprises (MSMEs) against shocks...
After weeks of lockdown, New Zealand has achieved its ambitious goal of eliminating the coronavirus. But the country isn't celebrating yet. Ov...
U.S. President Donald Trump on Tuesday halted funding to the World Health Organization over its handling of the coronavirus pandemic, drawing condemna...
The Central Bank of Kenya (CBK) has expressed its intent of growing its usable foreign currency reserves above normal levels by buying US dollars from...
The Central Bank of Kenya (CBK) has once again lowered the benchmark lending rate in a move it says is aimed at supporting economic activity. In ...
The Central Bank of Kenya (CBK) has issued an extended offer of Ksh.9.7 billion to its December Ksh.25 billion bond sale whose auction took place on D...
By Joel Okwemba Considered one of humanity’s great early achievements is the crossing of early man from Asia to Australia. Archeological, geneti...
A Task Force constituted by ICT CS Joe Mucheru to look into ways of improving Government Information and Public Communications has come up with far-re...
Mexico's central bank said Thursday it was lowering its benchmark interest rate by a quarter-point to 8%, citing slowing global economic activity and ...
The Central Bank of Kenya (CBK) has retained its lending rate to commercial banks for the eighth consecutive time to reflect on the stability of the c...
U.S. President Donald Trump, responding to a surge of illegal immigrants across the southern border, vowed on Thursday to impose a tariff on all goods...
European stocks fell, government bond yields slipped and the Japanese yen firmed on Thursday after the U.S. government hit Chinese telecoms giant Huaw...
China is fully prepared to defend its interests in its trade war with the United States, but hopes the United States can resolve problems through dial...
Kenyans are increasingly borrowing and saving through savings and credit co-operatives (saccos) and mobile money platforms than through formal banking...
The Central Bank of Kenya (CBK) has for the third consecutive time held its benchmark interest rate at 9 percent as it attributes the stay on the Cent...
Nigeria’s government is recommending a 50 percent rise in the minimum wage weeks before a presidential election where the cost of living has become ...
Oil prices were mixed on Wednesday as the U.S. benchmark rebounded from steep losses in the previous session, even though concern over the health of t...
China expressed confidence on Wednesday that it can reach a trade deal with the United States, despite fresh warnings from President Donald Trump that...
China expressed confidence on Wednesday that it can reach a trade deal with the United States, despite fresh warnings from President Donald Trump that...