Business

The World Bank’s Board of Executive Directors has approved a credit amounting to $1.5 billion to spur Ethiopia’s economic efforts to boost sustainable development and promote economic inclusivity within the...

Gross domestic product is the total value of goods and services produced in a particular country at a given time, while GDP per capita is the total amount per resident...

Africa is the fastest-growing continent after Asia in 2024, even as the gross domestic product is expected to hit 3.8% and 4.2% in 2023 and 2025, respectively. The African Development...

African countries still have to tighten their belts to survive the severe shocks in the global economy, including skyrocketing food and energy costs stemming from geopolitical tensions, such as the...

The strongest currencies in Africa are constantly stable due to the country's ability to maintain better purchasing power by lowering inflation rates. Just like any other market commodity, currencies are...

While addressing the media today, the government spokesperson, Isaac Mwaura, alleged that the economy had raked in billions of dollars in losses following a wave of nationwide anti-government protests in...

The National Police Service has banned the planned anti-government demonstration within the Nairobi Central Business District (CBD), citing a lack of leadership framework among the protesters. It also claims that...

Senior and county-level state officers are set to have their salaries increased beginning this month amid the Finance Bill 2024 squabble by the public. The Salaries and Remuneration Commission (SRC),...

The EAC tabled FY 2024/205 before the East African Legislative Assembly for the debate. A whopping USD 112, 984, 442 has been allocated to key sector organs and institutions. The...