Trader’s View: 2024, Year of Gold (XAUUSD) and Nasdaq100?
2024 has kicked off all-time highs for Gold (XAUUSD), Nasdaq100, Bitcoin and other cryptocurrencies. The different asset classes have previously experienced significant selling pressure, especially from November 2021 to December [...]
Donald Trump Leads Joe Biden with over 63% among Kenyans in Recent TKWS Poll
It’s election year in the United States and the two front runners are looking toward rehashing their battle in 2020. A recent poll of over 1, 000 Kenyan professionals by [...]
AI Could Create Turning Point for Financial Inclusion in Africa
It’s difficult to imagine a time before the widespread adoption of mobile technology in Africa – particularly where financial services are concerned. For millions of unbanked people, transactions were limited [...]
Ethiopia's Ministry of Foreign Affairs Refutes Reports of Joining EAC
Earlier this week, Kenya’s CS for the East African Community (EAC), Arid and Semi-Arid Lands Penina Malonza stated that Ethiopia will soon be joining the regional bloc a development [...]20% Excise Duty on Digital Lenders is Financially Excluding Millions in Kenya
Digital lenders are against the 20% excise duty charged on interest and fees, on top of other taxes, arguing that it has raised the cost of credit and stifled innovation [...]
What 75-Floor Buildings Will Mean for Nairobi
Nairobi’s future is vertical and compact, the capital’s Governor Johnson Sakaja said on Sunday while outlining recent changes to allow densification in previously low-density areas. “Nairobi is 696 square kilometers. [...]
Why Southern Africa Should Explore Cross-Border Energy Projects
As detailed in Standard Bank’s recently released strategic discussion document, “South African Gas Optionality,” Africa holds natural gas in abundance, both onshore and off, accounting for more than 7% of [...]
KCB Group’s Profit Drops to KSh 37.5 bn, No Dividend in 2023
KCB Group recorded a decline in net profit in 2023 with the lender linking the performance to bad debt and other costs. The ratio of non-performing loans (NPLs) dropped to [...]A Guide for Startups on Navigating the Funding Landscape in 2024
Choosing the right capital for your startup is a crucial decision that can significantly impact a company's trajectory. Beyond financial support, good investors provide expertise, networks, and guidance that are [...]Undersea Cable Cuts Disrupt Internet in Several African Countries
Internet connectivity in several African countries was interrupted Thursday after major undersea cables experienced temporary faults, network providers have reported. African Telecommunications giant, MTN Group, has reported internet outages in [...]Phoenix Beverages Acquires Minority Stake in African Originals
Mauritius-based Phoenix Beverages Ltd (PBL), a subsidiary of IBL Ltd, can acquire minority control in African Originals, after the Competition Authority of Kenya (CAK) approved the deal. the transaction is [...]Ruto's US State Visit Needs to Navigate America's Uncertain Political Future
President William Ruto will visit the United States on a State Visit in May during what is likely to be one of the most turbulent US elections in memory. Barring [...]
