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BUSINESS DAILY
Latest from BUSINESS DAILY
Former Kenya’s president Mwai Kibaki dies aged 90 years
Apr 22, 2022News
Former Kenya's president Mwai Kibaki dies aged 90 years

{Former President Mwai Kibaki, who ended President Daniel Moi's 24-year rule, has died at the age of 90, State House announced on Friday.}

Commercial Bank of Africa gears up for expansion into Rwanda
Jan 9, 2017News
Commercial Bank of Africa gears up for expansion into Rwanda

{Rwanda’s central bank says it is processing a licence application by Commercial Bank of Africa (CBA) to enter the country by March.} Rwanda’s central bank governor John Rwangombwa was quoted in a Rwandan publication saying the National Bank of Rwanda is in the final stages of licensing the Kenyan headquartered CBA to operate in the […]

Why Rwanda beats African peers in race for economic growth
Sep 28, 2016News
Why Rwanda beats African peers in race for economic growth

{There is something therapeutic and pleasant about visiting Kigali. It is the sheer orderliness, cleanliness and a strong feeling of safety and security that welcomes a visitor to the city.} There is an apparent commitment by the Rwandese to do things correctly by willingly following their own policies, laws and rules. In Rwanda, there is […]

Kenya seeks review of Rwanda, Uganda poll violence claims
Jun 27, 2016News
Kenya seeks review of Rwanda, Uganda poll violence claims

{Kenya is seeking fresh negotiations with Rwandan and Ugandan traders as the government seeks to cut the compensation bill arising from the post-election violence that rocked the country eight years ago.} The traders, through regional lobby East African Business Council (EABC), had earlier settled for Sh4.75 billion ($47.5 million) after the Kibaki administration convinced them […]

Rwanda gives Kenya bank subsidiaries a year to boost capital
Dec 13, 2015Business
Rwanda gives Kenya bank subsidiaries a year to boost capital

{Rwanda has joined Sudan in requiring Kenyan banks to inject additional billions into the subsidiaries after the regulator National Bank of Rwanda (NBR) issued new minimum capital requirements.} New guidelines by Rwanda’s financial watchdog have given the banks a year to raise capital buffers by up to 2.5 per cent of their deposits to improve […]

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