Reduced export earnings slow down Uganda growth BoU data shows that the country’s exports to Comesa have declined.
How will TransCentury get out of its $75m hole? Rand Merchant Bank severed links with the firm to protest the board’s ignoring of its proposals on how to pay the debt, which matures March 25.
Barclays to merge its units in Tanzania, no sell-off planned The rise in non-performing loans has been one of the bank’s low points in the region.
Bob Diamond eyes Barclays Africa units Barclays Bank’s interests outside of South Africa could be set to be sold to their former CEO Bob Diamond, according to a series of reports in the Western media.
Equity freezes regional expansion plans to boost existing markets Equity Bank has shelved its regional expansion plans announced last year with the management saying it was instead reinvesting in existing markets.
Businesses lose as Africa trade blocs merger stalls Only 16 out of 26 States have signed pact to unite SADC, EAC and Comesa ahead of 2017 deadline.
African drought tames Victoria Falls' thunderous roar 'The Smoke That Thunders' risks losing some of its marvel as region suffers one of its worst ever droughts.
Ecobank picks Nairobi as eastern, central, southern regional hub The pan-African lender is restructuring its regional clustering that effectively combines eastern, southern and central Africa under one cluster headquartered in Nairobi.
Major Fastjet shareholder calls for sacking of directors According to Mr Haji-Ioannou, Fastjet is making unrealistic revenue projections given that it only operates six aircraft.
Low gold prices hurting Tanzania revenues, growth Acacia Mining reported a 30pc profit drop, signalling depressed earnings.
