Continuing turmoil in the global financial markets has eaten into the income of Swiss Re, a reinsurance company which has strong business relations with the listed Kenya Re.
The Chief Executive Officer (CEO) of the Microfinance and Small Loan Centre, Mr. Lawrence Prempeh, has revealed that his outfit has so far disbursed GH¢18.3 million to 30,000 beneficiaries across the country.
A news item in the print media drew my attention last week - "Faulu Kenya's profits hit Sh103 million". Faulu is a microfinance institution and one of the big three unregulated microfinance companies in Kenya. It made a pre-tax profit
Battling an array of cheap imports mainly from China and high zinc prices, battery maker Eveready East Africa Limited has had to shut down three production lines and shed 40 workers from its payroll in the past month, signalling reduced
Mozambican President Armando Guebuza arrived in Santiago on Wednesday for the start of a three day official visit to Chile, during which agreements on fishing, mineral resources, education and social welfare are expected to be signed.
Twelve Months after it was commissioned by former President, Chief Olusegun Obasanjo, Tinapa Business Resort and Free Zone, in Calabar, has witnessed low business activities and leisure. Other programmes associated with the zone have been on the lowest ebb and
The claims earlier this week that Kenya's counter-terrorism authorities fear there could be a terrorist attack in the near future should draw our attention to at least two important factors relating to national security.
Lord's Resistance Army leader Joseph Kony's failure to sign a peace deal in April drove a nail into the coffin of the Juba peace process—a process that is grinding to an unsuccessful end.[1]
Public Relations Officer of the Ekiti Police Command, Mr Mike Akindipe has disclosed that the force has seized a semi-automatic pump action gun belonging to the the Deputy Speaker of the State House of Assembly, Mr Saliu Adeoti.
Angolan deputy minister of Defence, Gaspar Santos Rufino, said Wednesday in Luanda that the Stand-by Brigade of the Southern Africa Development Community (SADC) is "an instrument of great value for the support to peacekeeping missions and other operations."
At least 13 people including a senior Islamic Courts militia commander were killed yesterday in heavy battles in a remote part of central Somalia, witnesses and local sources reported.
A provincial commission of disarmament of citizens in illegal possession of guns in the southern Huila Province was officially presented to the public on Wednesday, in Lubango City, at a press conference.
The Lord's Resistance Army (LRA) rebel leader, Joseph Kony, will meet the chief mediator, Dr Riek Machar, this Saturday on the Sudan-Congo border, his key negotiator, has said.
The Commander of the Land Forces, Lt. Gen. Katumba Wamala, yesterday had a new directive for senior army officers- to stop traveling cheap using bodabodas (motorcycles).
Armed men claiming to represent the rebel group Movement of Democratic Forces of Casamance (MFDC) attacked twenty villagers from Tampe 15 km east of the regional capital Ziguinchor on 7 May and hacked each of their left ears with machetes,