Oil prices may rebound to $105 on solid demand growth, Goldman Sachs says
US investment bank Goldman Sachs expects Brent crude to trade at $105 a barrel by the fourth quarter of 2023,...
Gold posts marginal gain in 2022, up 3% in December – WGC
A 3% gain in December, owing to a weaker dollar, took the value of gold to $1 814/oz, resulting in...
Tanzanian fintech NALA extends footprint to EU
NALA, a Tanzanian FinTech company enabling payments to Africa, has expanded its presence in Europe with the addition of 19...
Kenya Airways announces flight disruptions
Kenya Airways has announced flight disruptions as a result of delays in getting its planes which are undergoing scheduled maintenance...
African fintech market poised to reach $150 billion by 2025
Fintech in Africa is predicted to grow by 10% annually through 2025, reaching a total of $150 billion (excluding South...
Sarova Hotel eyes growing footprint across EAC region
Kenya's indigenous-owned hotel chain Sarova Hotels and Resort is scouting for more investment opportunities across East Africa. Sarova Group Managing...
Will 2023 be the ‘mixed bag’ everyone’s expecting for shipping?
2023 has began with most experts expecting a mixed bag for the various shipping segments. In its latest report, shipbroker...
Kenya Airways shares suspension extended for another year
The Capital Markets Authority (CMA) has extended a share trading freeze on Kenya Airways for another 12 months to enable...
World Bank to vastly expand lending capacity to fight climate change
The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and...
U.S. poised to become net exporter of crude oil in 2023
The United States has become a global crude oil exporting power over the last few years, but exports have not...