The World Bank has issued a stark warning regarding South Sudan's economic trajectory, projecting a 30% contraction in the nation's economy for the fiscal year 2024/25. This alarming forecast undersco…
Lila Sciences, a Boston-based start-up, has emerged from stealth mode with a substantial $200 million in seed funding, aiming to revolutionize scientific research through advanced artificial intellige…
The Central Bank of Kenya (CBK) has proposed a significant overhaul of Kenya banking license fees, marking the first review of the charges in over three decades. The new framework, outlined in a consu…
OLA Energy Kenya, a leading fuel retailer, has announced a strategic restructuring plan aimed at improving profitability and market share over the next five years. As part of the OLA Energy Kenya rest…
Silver Box, a Middle East-based investment firm specializing in corporate management and advanced technology, has acquired Mobius Motors Kenya, a locally renowned automotive manufacturer known for its…
The global private equity (PE) landscape is exhibiting cautious optimism as recent data indicates a rebound in dealmaking activities. According to Bain & Company’s 16th annual Global PE Report, pr…
Nation Media Group (NMG), East Africa’s largest independent media house, has appointed Geoffrey Odundo as its new Group Managing Director and Chief Executive Officer (CEO). Odundo will officially assu…
The Kenya Revenue Authority (KRA) has announced a major tax relief program, waiving Kshs. 140 billion in penalties and interest as part of its ongoing Tax Amnesty Program. This initiative, which has a…
The White House has announced that President Donald Trump will host and deliver remarks at the first-ever White House Crypto Summit on March 7. The event will bring together key players from the crypt…
Forex trading is one of the most lucrative yet complex financial markets, boasting a staggering daily turnover exceeding $6 trillion. While it offers immense profit potential, it demands a deep unders…
