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SIB's Mansa-X Special Funds Cross US$ 1 Bn in Assets
Mansa-X Special Funds, the flagship investment product of Standard Investment Bank (SIB), has officially crossed the US$ 1 billion mark in Assets Under Management (AUM).
South Africa and China Explore Deeper Trade Ties
South Africa and China have signed a new economic framework that outlines areas for future trade and investment cooperation, including a proposed early harvest trade agreement.
EV Adoption Will Threaten Kenya’s Lucrative Fuel Levy
The government is vague on what alternative revenues it shall develop to reduce over reliance on the fuel levy as EVs become more popular on Kenyan roads.
Safaricom Dividend Sparks Record NSE Rally as Investor Wealth Hits KSh 3.2 Trillion
Africa Global Logistics, Yusen Logistics Launch East African Joint Venture
Africa Global Logistics (AGL) and Yusen Logistics have launched Yusen Africa (East Africa) Limited, a new joint venture company headquartered in Nairobi, just weeks after securing regulatory approval.
Safaricom's Market Valuation Briefly Crosses US$ 10bn
Safaricom declared a record interim dividend of KSh 0.85 after bumper profits, sending its shares to a three-year high and briefly above a US$10bn valuation.
Why All Bank Deposits Are Taxable Unless Proven Otherwise
KRA is entitled to treat all money flowing into a company’s bank account as taxable income, unless the taxpayer explains otherwise, the Tax Appeals Tribunal has ruled.
Standard Group’s KSh 1.5 Billion lifeline hits pause after 18 months
Standard Group Plc has suspended its previously proposed KSh 1.5 billion rights issue, putting its flagship recapitalization plan on hold.
Afreximbank Commits US$ 8bn to its Newest Member South Africa
South Africa has acceded to the Establishment Agreement of the Afreximbank, becoming the multilateral lender's 54th member state.
Nigeria Targets Continental Fintech Dominance with New Regulatory Framework
The CBN’s strategy integrates innovation policy, financial inclusion, systemic risk oversight, and cross-border expansion into a single coordinated framework
Asset Manager Lofty Corban Launches Private-Debt Focused Special Fund
The Lofty Corban Private Debt Special Fund will invest primarily in commercial paper and privately originated credit opportunities, offering capital to businesses and organisations