Economy

September 19, 2017

Africa Update: Kenya central bank holds benchmark lending rate at 10.0%

Kenya’s central bank held its main lending rate at 10.0 percent as expected on Monday, saying food supplies were likely to improve and lower pressure on […]
September 19, 2017

World Update: Norway wealth fund hits ‘milestone’ $1 trillion value

Norway’s sovereign wealth fund, the largest in the world, on Tuesday reached the value of $1 trillion dollars for the first time, the Norwegian central bank, […]
September 18, 2017

Africa Update: $300 million Sub Sahara Africa Investment firm launched

Leading independent alternative asset manager Capitalworks Group has launched Africa Capitalworks, an investment company that will deploy permanent equity capital in mid-market companies in strategically selected […]
September 15, 2017

World Update: Dollar extends gains on US tax hopes but Asia markets sink

The dollar built on its recovery against the yen Thursday on rekindled hopes for Donald Trump’s tax plan but most Asian markets retreated on profit-taking following […]