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Stanbic Bank
Stanbic Bank

Business

Money markets face tight liquidity conditions

The shilling traded at lows of 3723/3733 during Friday’s morning session having weakened from the week’s opening levels of 3665/3675. This was driven by...

How to choose the best African stocks for your portfolio

Although the continent has continued to suffer a number of macroeconomic aftershocks in the wake of the Covid-19 pandemic, which has hampered the growth...

Ex-MasterCard CEO appointed World Bank boss

US President Joe Biden said Thursday that Washington is nominating former Mastercard chief executive Ajay Banga to lead the World Bank, after its current...

Gems Cambridge Schools founder Sunny Varkey exits Kenya over escalating debts

Gems Cambridge Education founder Sunny Varkey is liquidating his school investments in Kenya, leaving behind a trail of debt.  Kenyan tycoon Peter Burugu has...

Uganda–South Africa Trade Summit to target new investment opportunities

The Ugandan business community revealed that the South Africa Trade Investment and Tourism summit, scheduled at the Gallagher Convention Center, Midrand, South Africa, from...

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