News

NTV Uganda10d
High court grants Eron Kiiza 20 Million shilling bail after contempt conviction appeal
The High Court in Kampala has today granted human rights lawyer Eron Kiiza a cash bail of 20 million shillings. This comes ...
The Kenya Times on MSN1d
Kenyan Shilling Affected in Global Shakeup as US Dollar Weakens
The weakening of the US dollar, now trading at a three-year low against the euro, is raising concerns among global fund ...
The Kenya Times on MSN19h
National Bank Reduces Interest Rates for New and Existing Loans
The National Bank of Kenya (NBK) has announced a reduction in lending rates for new and existing loans. In a notice on Monday ...
The Citizen on MSN13d
Bank of Tanzania intervenes in forex market to stabilise shilling
Dar es Salaam. In alignment with its Foreign Exchange Intervention Policy of 2023, the Bank of Tanzania has recently ...
Business Daily Africa12d
Kenyan banks book Sh57bn forex losses from regional units
Last year, the Kenya shilling gained by 14.8 percent against the Uganda shilling and 15.3 percent against the Tanzania ...
The Independent3d
Lawyers slam stringent Ugandan bail terms, say they are unconstitutional
The Uganda Law Society (ULS) has raised concerns over what they term as punitive and discriminatory bail conditions being ...
Business Recorder21d
Kenya Airways records profit after more than a decade of losses
versus a loss of 15.04 billion shillings in 2023, as the local currency strengthened more than 20% against the dollar last year. Operating profit for the year rose to 16.62 billion shillings from ...
One of Africa’s cheapest islands has new TUI hotels, UK flights and white sandy beaches
THE sun-soaked archipelago of Zanzibar off the coast of East Africa should be your next holiday destination if you want a bargain holiday. Not only has TUI recently opened a number of new hotels, ...