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EAC

EAC News

7th March 2017 charlesmulungiComment(1)

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EAC

DP World signs final agreement for Berbera Free Zone

7th March 2017 charlesmulungi

Addis Ababa, Ethiopia–DP World has signed a final agreement with the Government of Dubai enabling it to develop an economic free zone at the Port of Berbera in Somaliland.   “The free zone will encourage growth for the region’s economy,” said DP World Group Chairman, Sultan Ahmed Bin Sulayem. “It’s a boost for local prosperity and […]

The Monetary Policy Committee (MPC) lowered the Central Bank Rate (CBR) to 8.25% from 8.50%, citing a backdrop of domestic macroeconomic stability, potential risks to food supply and increased global uncertainties.
Africa EAC Industry

Kenya further lowers its Central Bank Rate

29th January 2020 EABW Editor

The Monetary Policy Committee (MPC) lowered the Central Bank Rate (CBR) to 8.25% from 8.50%, citing a backdrop of domestic macroeconomic stability, potential risks to food supply and increased global uncertainties. The month-on-month overall inflation remained within the target range in November and December 2019. The inflation rate stood at 5.8 per cent in December […]

EAC

DP World signs final agreement for Berbera Free Zone

7th March 2017 charlesmulungi

Addis Ababa, Ethiopia–DP World has signed a final agreement with the Government of Dubai enabling it to develop an economic free zone at the Port of Berbera in Somaliland.   “The free zone will encourage growth for the region’s economy,” said DP World Group Chairman, Sultan Ahmed Bin Sulayem. “It’s a boost for local prosperity and […]

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EU earmarks 15million euros as support to Uganda’s beef sector
Mobile air tickets now available

In the market

New Jobs, Orders Rise in April PMI
Africa Markets

New Jobs, Orders Rise in April PMI

9th May 2022 Godfrey Ivudria Comment(0)

May 5, 2022 – Kampala, Uganda: The Stanbic Purchasing Managers’ Index (PMI) rose to 53.9 in April from 51.9 in March on account of further improvement in private sector output and new orders as demand strengthened, helping generate new jobs. Readings above 50.0 mean improvement in business conditions on the previous month while readings that […]

Record Performance in Latest Full-Year Earnings-AFC

Record Performance in Latest Full-Year Earnings-AFC

4th April 2022 Godfrey Ivudria Comment(0)

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