Goldman Sachs on Thursday raised its gold price forecasts, describing it as the best hedge against financial risks, and reiterated...

Kenyan lender KCB Group yesterday posted a 19.5% rise in 2022 after-tax profit to 40.8 billion shillings ($314.57 million), driven...

The Organisation of the Petroleum Exporting Countries (OPEC) projected oil demand to grow by a healthy 2.3 mb/d YoY in...

The International Monetary Fund says its executive board has agreed to temporarily increase the limits on member countries' annual and...

British multinational Diageo’s offer to buy an additional 14.97 percent stake in East African Breweries Plc (EABL) has been oversubscribed...

Kenya Airways has blamed aircraft manufacturers Boeing and Embraer for plane defects that saw the national carrier make three emergency...

The World Gold Council (WGC) says central bank gold demand has remained good so far this year following consistent additions...

East African Community (EAC) partner states are racing to meet the deadline to sign and ratify a regional agreement on...

Investors reeling from the recent volatility in global financial markets are eyeing another potential worry: a rebounding dollar. The dollar...

Smartphone shipment to Africa drops to seven-year low Smartphone shipments to the Middle East and Africa region fell to a...