Business Daily
Economy, business and markets news, analysis and data from Kenya and Africa.
Markets & Finance - Business Daily
Sep 29, 2011 · Shilling slumps against the British pound by 11 percent since January. Apr 18, 2023 - 2 min read. All Global Markets. Follow the latest Business Daily news on capital markets.
De-dollarising to boost trade in Africa: opportunities and ...
Jul 22, 2024 · A unified currency fosters price transparency and curbs illegal trade, especially at porous borders, ensuring countries collect due revenue. De-dollarisation reduces African states' vulnerability ...
Economy - Business Daily
Oct 31 - 2 min read. Latest news and analysis on Kenya's economy and Africa, including economic policy and trade.
Africa - Business Daily
Uganda selects Turkish firm for Malaba-Kampala SGR. In 2013, Uganda, Kenya, Tanzania, South Sudan and Rwanda broke ground on the construction of the SGR to connect member states. Aug 01 - 3 min read.
TradeMark Africa gets Sh10bn funding from the Netherlands
Feb 12, 2024 · TradeMark Africa has received a $63 million (Sh9.9 billion) grant from the Netherlands towards sustainable and inclusive trade initiatives in the continent. The investment running to 2030 will ...
Market News - Business Daily
Inflation rallies to two-month high on higher food costs. Kenya's annual inflation bucked months of easing in August on a fresh increase in the prices of food. Aug 23 - 4 min read.
Strategic trade, investment policies key to Africa’s economic ...
Jul 8, 2024 · The International Monetary Fund (IMF) projects that AfCFTA could boost intra-African trade by 52 percent by 2025, potentially raising Africa’s income by up to $450 billion by 2035 and lifting 30 ...
Industry - Business Daily
PRIME Construction contracts for first time in 11 years. The construction sector was also starved of credit in the same period as credit extended to enterprises in the industry declined by 7.5 ...
Closing Africa's trade finance gap - Business Daily
Apr 16, 2024 · The drop in FDI was not unique to Kenya as inflows in sub-Saharan Africa on average decreased by 12 percent to Sh3.1 trillion ($30bn) in 2020. Prior to the pandemic and the associated lockdowns ...