What African Central Bankers May Decide in the Next Two Weeks

Oil is adding to cost pressures and countering the positive effects of portfolio inflows and the support to African countries’ currencies that came from the U.S Federal Reserve and European Central Bank’s recent dovish tone, said Cobus de Hart


Safaricom offers special dividend as revenues soar

Safaricom, which is listed on the Nairobi Securities Exchange, rode on increased revenues from its mobile money platform M-Pesa and data to grow revenues during the 12-month period to March 31.