The review, offers relief to the partner states that failed to comply with the thresholds on inflation, foreign reserves, ...

Only 39% of African businesses use African currencies to finance their cross- border deals, a big fall from the 69% recorded ...

WASHINGTON (Reuters) - The executive board of the International Monetary Fund on Friday approved the second review of ...

In an era where digital transformation is reshaping the global business landscape, African boards face a unique challenge and ...

Inflation continues to challenge several African economies in 2025, with rising consumer prices impacting the cost of living, ...

The group explained that the move follows a comprehensive evaluation of the business, driven by persistent market challenges.

CMC Motors Group, a prominent player in Kenya's automotive industry for over 40 years, has officially exited the market, ...

South Africa's rand strengthened in cautious trade on Friday, as investor focus shifted towards U.S. President-elect Donald Trump's inauguration on Monday.

His proposed economic policies will probably lead to inflation at home, with devastating knock-on effects for developing ...

CMC Motors Group, one of the oldest dealers in motor vehicles in East Africa, has announced it is ceasing operations in ...

CMC Motors Group has announced its decision to cease all its operations in Kenya and two other countries which will result in ...