Wednesday, September 26, 2018
On Tuesday 28 November 2017, for the first time since the creation of Bitcoin in 2008, the cryptocurrency surpassed the USD $10 000 mark and it shows no signs of slowing down as it continues to climb towards $11...
Kenya's economy is likely to expand by between 5.25 per cent and 5.75 per cent in 2018 on a rebound in public and private investments and improved farming activities, research analysts at Genghis Capital projected Wednesday. The analysts also see...
This year there has been a fundamental change in the dynamics of migration from Western Africa to Europe. European governments, pressured to manage the large flow of migration from Sub-Saharan Africa, have blocked one of the primary transit routes...
South Africa’s minister of Public Enterprises, Lynne Brown, has given state-owned utility Eskom the go ahead to resume the signing of outstanding Power Purchase Agreements (PPAs) with renewable independent power producers (IPPs). The PPAs have been kept on ice since...
AfricInvest, a leading pan-African mid-cap-focused private equity firm, is pleased to announce the first closing of its North African Fund (MPEF IV). The fund has received capital commitments of EUR137mn from prestigious finance institutions and expects the total to grow to more...
After six successive months of year-on-year growth, the motor industry is confidently forecasting that full-year, new-vehicle sales for 2017 will improve by 2% compared to 2016. Figures from the Department of Trade and Industry show that sales totalled 49,754 last...
South Africa is considering an initial price talk into the Eurobond market of about 6% and 6.37%. South Africa is hoping to ride a wave of improved investor sentiment by tapping the Eurobond market for the first time under new...
Africa’s telecommunication giant MTN is said to start selling about a third of its Ghanaian unit worth $754 million representing 35 percent of the $2 billion next week in an initial public offering. This will be 10 times larger than...
Data released by the hospitality community, Airbnb, reveals that guests are travelling off the beaten track, to towns and cities others often overlook. According to the data, Bloemfontein, South Africa’s judicial capital, has tripled the number of guest arrivals...
Kenya Airways' shares were suspended from trading at the Nairobi Securities Exchange (NSE) for the next two weeks after the government announced last week that it was moving to restructure ownership at the State-owned airline. On Monday, Treasury...

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