Topic: Rwanda
Kenya’s African exports hit Sh248.7 billion, climbing 26 per cent on robust trade ties
Nov 05, 2024 at 02:13 PM
Kenya has recorded an impressive 26 per cent surge in its exports to African nations over the first seven months of 2024, driven by an increase in shipments and bolstered bilateral...
Why Kenya Airways is suspending its flights to Mogadishu starting Tuesday
Oct 12, 2024 at 04:37 PM
Kenya Airways, the country's national carrier has confirmed it will cease all flights to and from Mogadishu, Somalia, beginning Tuesday....
Fortified Whole Grain Alliance launched to tackle malnutrition across Africa
Sep 09, 2024 at 01:24 PM
A groundbreaking coalition, the Fortified Whole Grain Alliance (FWGA), has launched with an ambitious goal of reaching 10 million people across seven African countries by 2025. The...
New bill proposes annual licensing fee for bankers, pushes industry reforms
Sep 09, 2024 at 12:20 PM
A new bill introduced in the Kenyan Parliament seeks to establish a regulatory body for the country's banking sector....
World Bank appoints Qimiao Fan as new country director for East Africa
Sep 02, 2024 at 02:11 PM
The World Bank Group has announced the appointment of Qimiao Fan as the new country director for Kenya, Rwanda, Somalia, and Uganda....
113 scholars secure global scholarships courtesy of Equity Leadership Program
Aug 08, 2024 at 04:08 PM
A cohort of 113 exceptional young minds from across East Africa is set to embark on a transformative journey after securing full scholarships to prestigious universities worldwide....
Equity doubles down with Sh15.1 billion dividend payout for second consecutive year
Jun 27, 2024 at 12:23 PM
Equity Group shareholders celebrated a windfall at the company's 20th Annual General Meeting (AGM) after overwhelmingly approving a record-breaking Sh. 15.1 billion dividend payout...
Collaborative efforts between Kenya and Rwanda to boost cargo efficiency
Mar 06, 2024 at 12:12 PM
The Rwanda Revenue Authority (RRA) and Kenya Railways are working together to improve the efficiency of cargo movement for Rwandan businesses, particularly those involved in the tr...
Why 150 Rwandan cardholders have sued MasterCard, I&M Bank, their Govt
Feb 17, 2024 at 09:51 PM
150 Rwandan cardholders are suing global payment company MasterCard, regional bank I&M, and the Rwanda government for USD 139 million, alleging unlawful detention and property conf...
Rwanda Food and Drug Authority recalls 'contaminated' Kenyan pharmaceutical
Jan 04, 2024 at 04:02 PM
The Rwanda Food Drug Authority (RFDA) has taken a decisive step to protect public health by recalling four bulk batches of pink Fluconazole 200mg tablets from its stores from a Ken...
NBA Africa announces appointment of trailblazer Clare Akamanzi as CEO
Dec 28, 2023 at 05:37 PM
Clare Akamanzi, a distinguished business executive and international trade and investment lawyer, has been appointed as the CEO of NBA Africa, according to an announcement by the N...
Kenyan locks horns with Rwandan investor in Sh400 million company tussle
Dec 21, 2023 at 04:58 PM
A Nairobi courtroom became the stage for a high-stakes legal battle on Wednesday, as Kenyan businessman Kirimi Koome vehemently defended his sole ownership of Stay Online Limited, ...
Equity Group cements regional footprint with its full acquisition of Cogebanque
Dec 01, 2023 at 10:01 PM
In a strategic move to bolster its regional influence, Equity Group Holdings Plc (EGH) has triumphantly concluded the acquisition of Compagnie Générale de Banque (Cogebanque) Plc...
NCBA Group records 14.4 per cent increase in profit after tax to Sh14.6 billion
Nov 23, 2023 at 12:48 PM
NCBA Group PLC has demonstrated impressive financial performance in its third-quarter results, concluding on September 30th, 2023, reporting a notable 14.4 per cent increase in pro...
Kenya faces billions in losses as East African nations shift oil trade alliances
Nov 22, 2023 at 05:17 PM
Kenya stands on the brink of losing substantial revenue in the oil trade as landlocked East African nations express hesitance towards importing fuel through Kenyan channels....
President Chakwera bans all foreign trips by Malawi state officials, including own
Nov 17, 2023 at 02:15 PM
Malawi's President Lazarus Chakwera has taken decisive steps to address the economic challenges facing the nation, including a suspension of all foreign trips by government officia...
CS Alfred Mutua addresses claims of tourist harassment by KRA staff at JKIA
Nov 01, 2023 at 11:44 AM
Alfred Mutua, the Cabinet Secretary for Tourism and Wildlife, has made a strong accusation against the Kenya Revenue Authority (KRA) officials, claiming that they are responsible f...
Ruto seeks China funding to extend SGR to Malaba, connect East and West Africa
Oct 18, 2023 at 12:08 PM
Kenya is actively pursuing financial support to expand its ambitious Standard Gauge Railway (SGR) project to Malaba following the withdrawal of the initial financier....
NCBA announces ambitious plan to acquire 100 per cent stake in AIG Kenya
Sep 26, 2023 at 12:14 AM
NCBA Group has announced its intentiojn to acquire a 100 per cent stake in AIG Kenya Insurance Company Limited in a move poised to be a milestone in the financial sector....
Full list of Trace Awards 2023 nominees
Aug 21, 2023 at 02:44 PM
Trace has announced the names of the nominees for the first-ever Trace Awards scheduled to be held in Africa....