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Tuesday, May 19, 2026
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Economy

Why the number of Kenyan dollar millionaires is dropping

Kenya has shed 400 dollar millionaires in just 18 months as wealthy individuals shifted assets abroad, spooked by a slowing economy, last year’s deadly...

Kenya turns to Japan for cheaper loan amid dollar volatility, costly Eurobond market

Kenya has secured a yen-denominated loan guaranteed by Japan’s Nippon Export and Investment Insurance (NEXI), a move that underscores the country’s strategy to shield...

How EV financing is accelerating electric cars and motorcycle uptake in Africa

If you have booked a taxi or boda boda through a ride-hailing app in Nairobi recently, there is a fair chance it was an...

BADEA spreads wings in Africa with $150 million private sector boost for Uganda

The Arab Bank for Economic Development in Africa (BADEA) has taken another decisive step in expanding its footprint across the continent, sealing a USD...

Uganda sees 900pc growth in high-net-worth individuals in four years

Uganda has recorded a rise in the number of High-Net-Worth Individuals (HNWIs), growing by 900% in just four years, according to new data from...

DSTV Parent Firm Considers Offering SuperSport As Separate Package

The consideration marks a potential strategic shift as the pay-TV giant adapts to shifting consumer demands and mounting pressure from streaming platforms and price-sensitive...

Kenya to Upgrade Cyber Defenses with New Firewall Network

The move follows a series of high-profile breaches, including a recent attack by the Moldovan firm — B2bhint — which extracted sensitive shareholder information...

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