T-Bill Rates Fall Below 12% Amid CBK Jumbo Rate Cuts
Yields on treasury bills (T-Bills) have declined sharply, falling below 12% for the first time since July 2023 after aggressive ...
McKinsey Africa Fined Over US$ 122mn for Bribing South African Officials
McKinsey Africa, a subsidiary of global consulting firm McKinsey, will pay over $122mn in fines to resolve a US Justice ...
Citi Economist On Trump Administration’s Implications for Sub-Saharan Africa
Donald Trump's first presidency has often been described as transactional, prioritizing "America First" policies that reshaped U.S. foreign relations. While ...
Is Africa on the cusp of a new Growth Spurt in 2025?
Despite on-going challenges across Sub Sahara Africa (SSA), Citi economists have indicated that that the continent is undergoing another important ...
Bitcoin Hits $100,000, Achieves $2 Trillion Market Cap
Bitcoin has reached the historic milestone of $100,000 per coin, propelling its total market capitalization past $2 trillion. This firmly ...
Kenya’s Central Bank Slashes Key Interest Rate to 11.25%
The Central Bank of Kenya (CBK) has lowered the benchmark interest rate by 75 basis points to 11.25% at its ...
Gov’t to Monetize Health Data in New Regulations
Medical researchers are set to face hefty costs in accessing health data under the new insurance scheme if the new ...
Nairobi, 9 Other Counties, Spent Nothing on Development in Q1 24/25 -Controller of Budget
Nairobi is among ten counties that did not report any expenditure on development programmes in the first quarter of the ...
Two Months of Starlink at The Kenyan Wall Street, Here’s What We’ve Learned
As a digital media company, a reliable internet source is priceless. Journalists are always in a race against time so ...
Spotify Reports 93% Growth in Local Consumption of Kenyan Music
Afropop musician Bien Aime Barasa has emerged as the ‘most streamed’ Kenyan music artist on streaming platform Spotify, solidifying his ...