Mark Carney, the frontrunner to be the next Canadian prime minister, has said his country is "going to stand up to a bully" after US President Donald Trump announced tariffs of 25% on Canada. Speaking ...

DAR ES SALAAM: TANZANIA has secured third place in macroeconomic environment and transparency, according to the Absa Africa ...

Central Bank of Kenya (CBK) report indicated that the average lending rate for commercial banks dropped to 16.89% in December ...

Most commercial banks in the country reduced their lending rates in December 2024 in line with the Central Bank of Kenya’s benchmark rate cut, official data shows, passing benefits to borrowers. This ...

The cut in lending rates comes ahead of next week’s rate-setting meeting by the CBK’s Monetary Policy Committee—the first ...

Kenya’s economy grew by 4.0% in the third quarter of 2024, with slow credit growth and global uncertainties contributing to a ...

Maria Meyers, who is a reading specialist and teacher at A.M. Davis Elementary School, was this year’s Chesterfield Teacher ...

Former BOJ board member Sakurai has predicted interest rates could reach 1.5% within two years, driven by economic conditions ...

Tanzania has introduced new banknotes, which will begin circulating in February 2025. The updated currencies based on the ...

South Sudan’s banking regulator has threatened to suspend Stanbic Bank’s licence within 14 days in an escalation of a Sh722 million dispute pitting the lender and an airline.

Trump's "drill, baby, drill" policy may unexpectedly benefit Kenya by lowering global oil prices and reducing inflation.

In theory, Africa should be prospering. The continent’s urban population is expected to grow by 900 million by 2050, ...