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Evestreet Financial
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Economy

Evestreet Financial - Economy

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Evestreet Financial

03.10.2025

Tanzania Exempts Kenyans from Foreigners-Only Business Ban.

Tanzania has exempted Kenyan nationals from a new law barring foreigners in 15 business sectors. The move defuses tensions in East Africa

Evestreet Financial

25.09.2025

XT.COM Unveils Major Rebrand -“Xplore Crypto, Trade with Trust”.

XT.COM rebrand seeks to advance usability without eroding user trust built over time under the slogan “Xplore Crypto, Trade with Trust”.

Evestreet Financial

23.09.2025

Mutuum Finance has raised over US$16 million in its presale

Mutuum Finance (MUTM) presale hits $16 million with over 720 million tokens sold; Stage-6 price to rise 14.3% ahead of its $0.06 launch.

Evestreet Financial

23.09.2025

CMA has granted four new licenses to a diverse set of firms.

Kenya's CMA licenses four new firms, including climate-focused fund managers, boosting sustainable investment.

Evestreet Financial

23.09.2025

DTB Kenya to Exit Burundi Market with Sale of Local Subsidiary.

Diamond Trust Bank Kenya has announced a significant strategic shift, agreeing to sell its 83.67% stake in DTB Burundi to a local consortium.

Evestreet Financial

23.09.2025

How Smart Couples can Turn Wedding Gift Into Lasting Wealth.

When used intentionally, wedding gift cash can become the most transformative tools for setting your marriage on a sturdy, shared path.

Evestreet Financial

23.09.2025

Aivista Quant unveils Caelus AI, reshaping intelligent investing.

Aivista Quant Capital launches Caelus AI & the AQC token ecosystem that combines deep-learning & real-time analytic to transform investing.

Evestreet Financial

23.09.2025

Bonto Kenya Shuts Down After CBK Revokes Licence.

Bonto Kenya shuts down less than 8 months after licensing, with the Central Bank of Kenya (CBK) officially revoking the company’s permit.

Evestreet Financial

22.09.2025

OPEC Fund Raises €500m in Landmark First Euro Bond Issue.

OPEC Fund has successfully raised €500 million through its first-ever Euro benchmark bond on international capital markets.

Evestreet Financial

20.09.2025

Safaricom launches M-PESA upgrade with AI-driven Fintech 2.0.

Safaricom has announced its largest M-PESA upgrade since 2015, introducing Fintech 2.0 to boost scalability, AI-driven fraud detection

Evestreet Financial

20.09.2025

NSE Raises Margin Requirements for Equity Futures

The NSE has increased initial margin requirements for equity and index futures from September 2025 to boost market stability

Evestreet Financial

19.09.2025

Jumia & Watu Credit Partner to Make Smartphones Affordable

Jumia and Watu Credit unveil a Buy-Now-Pay-Later “Lipa Pole Pole” scheme enabling Kenyans to purchase smartphones via flexible instalments

Evestreet Financial

18.09.2025

MPs Call for Share Buyback of East African Portland Cement.

Kenyan lawmakers block a proposed sale of Portland Cement shares at deeply discounted prices, urging the company to institute a share buyback

Evestreet Financial

18.09.2025

Google Pay Launches in Saudi Arabia Alipay+ Planned by 2026

Saudi Arabia's central bank has launched Google Pay through Mada, enabling secure payments with Visa, Mastercard and Mada cards.

Evestreet Financial

17.09.2025

High borrowing costs grip Nigeria, Kenya & South Africa - Moody’s.

Moody’s says Nigeria, Kenya and South Africa face elevated borrowing costs due to inflation, policy gaps and weak markets.

Evestreet Financial

17.09.2025

Kenya to roll out a digital debt automation system.

Kenya to roll out a digital debt automation system and Treasury Single Account on 6 October 2025, integrating IFMIS, CBK banking systems

Evestreet Financial

17.09.2025

Standard Chartered Issues Profit Warning After Pension Ruling

Standard Chartered Bank Kenya has warned its 2025 profits will drop by 25% due to a pension tribunal ruling

Evestreet Financial

15.09.2025

Sanlam Kenya to Rebrand as Sanlam Allianz Holdings.

Sanlam Kenya will hold an EGM on 9 October 2025 to vote on changing its name to Sanlam Allianz Holdings Kenya

Evestreet Financial

15.09.2025

Azentio Unveils Loan Origination System for Personalised Lending

Azentio’s loan origination system promises faster approvals and personalised workflows for retail, SME and corporate lenders.

Evestreet Financial

13.09.2025

Kenya's Standard Chartered staff win long-running pension battle

Hundreds of former Standard Chartered Bank Kenya staff are to receive pension payouts after a long legal battle.

Evestreet Financial

12.09.2025

Afreximbank Partners with ShafDB to unlock US $1B in investment.

Afreximbank and Shelter Afrique’s joint facility will drive US$1 billion investment in housing, infrastructure, and urban development.

Evestreet Financial

12.09.2025

Egypt Urges UN Security Council to Address Ethiopia Dam Project.

Egypt has appealed to the UN over Ethiopia’s Nile dam project, warning it threatens water security & violates international law.

Evestreet Financial

12.09.2025

M Oriental Bank to Increase Share Capital Ahead of Growth Plans.

M Oriental Bank has called an EGM to approve a KSh 4.5 billion share capital increase, signaling plans to strengthen its balance sheet.

Evestreet Financial

11.09.2025

I&M Bank Shinda Millioni Savings Campaign to rewards savers

Discover how I&M Bank’s Shinda Millioni campaign rewards savers with weekly KSh 50K and monthly KSh 1 M draws

Evestreet Financial

10.09.2025

Afreximbank launches ATDC to boost value-added trade in Africa

Afreximbank launches ATDC, with US$1 billion backing, to catalyse value-added trade and mineral processing across Africa

Evestreet Financial

05.09.2025

Kenya Introduce New Loan Pricing Formula to Boost Credit Access

Kenya adopts a new loan pricing formula using KESONIA as the base rate to expand access to credit for individuals and businesses

Evestreet Financial

05.09.2025

Top 20 Entrepreneurs in Africa Advancing to the 2025 Semi-Finals.

Africa’s Business Heroes has announced its Top 20 Entrepreneurs in Africa advancing to the 2025 Semi-Finals in Dakar.

Evestreet Financial

05.09.2025

Bolttech partners with LOOP to launch LOOP Flex device Financing

Global insurtech Bolttech partners with LOOP in Kenya to launch LOOP Flex device financing to expand digital banking and device protection.

Evestreet Financial

04.09.2025

Trump Family-Backed American Bitcoin Lists on Nasdaq.

American Bitcoin, backed by Donald Trump Jr. & Eric Trump, has begun trading on Nasdaq under the ticker ABTC.

Evestreet Financial

04.09.2025

Tanzania has reduced its VAT rate from 18% to 16%

Tanzania is set to implement a new reduced Value Added Tax (VAT) rate of 16%, following amendments introduced by the Finance Act 2025

Evestreet Financial

28.08.2025

Inside the Old Mutual Kenya Shilling Money Market Fund Review.

Discover how the Old Mutual Kenya Shilling Money Market Fund offers safety, liquidity, and competitive yields for Kenyan investors.

Evestreet Financial

27.08.2025

Keroche Breweries Faces Liquidation Petition in Kenyan High Court

Keroche Breweries faces a High Court liquidation petition, raising uncertainty over the future of Kenya’s largest homegrown beer maker.

Evestreet Financial

27.08.2025

Mauritius Leads Africa in Good Governance - 2025 Chandler Index

The 2025 Chandler Good Government Index ranks Mauritius first in Africa, with Rwanda and Botswana following.

Evestreet Financial

26.08.2025

Why Traditional Retirement Planning Is Broken; Read How to fix it.

Kenya’s young, dynamic workforce is uniquely positioned to redefine Retirement Planning in Kenya. With fintech innovations

Evestreet Financial

26.08.2025

Uganda Secures €270M Afreximbank Loan to Fund Development.

Uganda has secured a €270 million loan from Afreximbank to finance infrastructure, energy, and industrial projects under the 2024/25 budget.

Evestreet Financial

26.08.2025

One in Six South Africans Saving to Enter the Stock Market.

Survey finds that one in six South African adults are saving to invest in the stock market. Discover confidence levels, gender and age trends

Evestreet Financial

26.08.2025

Maia Capital backs SLAM’s acquisition of largest student residence.

Maia Capital provides mezzanine debt enabling SLAM to acquire 51% of Stellenbosch’s largest student accommodation in South Africa

Evestreet Financial

26.08.2025

Britain Launches Dedicated Electric Vehicle Insurance in Kenya.

A key feature of the Electric vehicle insurance in kenya is charger coverage, acknowledging that most owners charge their vehicles at home.

Evestreet Financial

26.08.2025

Umeme Board Sees Major Shake-Up as Key Directors Resign.

The Umeme board resignations underscore the company’s broader transition as it prepares to hand over its operations.

Evestreet Financial

26.08.2025

Old Mutual Profits Fall 99% in its Half-Year 2025 Financial Results.

Old Mutual Profits Fall 99% in its Half-Year 2025 Financial Results. Profit before tax down 66%, hit by lower interest rates

home›Evestreet Financial›Economy

Evestreet Financial - Economy

Tanzania Exempts Kenyans from Foreigners-Only Business Ban.

XT.COM Unveils Major Rebrand -“Xplore Crypto, Trade with Trust”.

Mutuum Finance has raised over US$16 million in its presale

CMA has granted four new licenses to a diverse set of firms.

DTB Kenya to Exit Burundi Market with Sale of Local Subsidiary.

How Smart Couples can Turn Wedding Gift Into Lasting Wealth.

Aivista Quant unveils Caelus AI, reshaping intelligent investing.

Bonto Kenya Shuts Down After CBK Revokes Licence.

OPEC Fund Raises €500m in Landmark First Euro Bond Issue.

Safaricom launches M-PESA upgrade with AI-driven Fintech 2.0.

NSE Raises Margin Requirements for Equity Futures

Jumia & Watu Credit Partner to Make Smartphones Affordable

MPs Call for Share Buyback of East African Portland Cement.

Google Pay Launches in Saudi Arabia Alipay+ Planned by 2026

High borrowing costs grip Nigeria, Kenya & South Africa - Moody’s.

Kenya to roll out a digital debt automation system.

Standard Chartered Issues Profit Warning After Pension Ruling

Sanlam Kenya to Rebrand as Sanlam Allianz Holdings.

Azentio Unveils Loan Origination System for Personalised Lending

Kenya's Standard Chartered staff win long-running pension battle

Afreximbank Partners with ShafDB to unlock US $1B in investment.

Egypt Urges UN Security Council to Address Ethiopia Dam Project.

M Oriental Bank to Increase Share Capital Ahead of Growth Plans.

I&M Bank Shinda Millioni Savings Campaign to rewards savers

Afreximbank launches ATDC to boost value-added trade in Africa

Kenya Introduce New Loan Pricing Formula to Boost Credit Access

Top 20 Entrepreneurs in Africa Advancing to the 2025 Semi-Finals.

Bolttech partners with LOOP to launch LOOP Flex device Financing

Trump Family-Backed American Bitcoin Lists on Nasdaq.

Tanzania has reduced its VAT rate from 18% to 16%

Inside the Old Mutual Kenya Shilling Money Market Fund Review.

Keroche Breweries Faces Liquidation Petition in Kenyan High Court

Mauritius Leads Africa in Good Governance - 2025 Chandler Index

Why Traditional Retirement Planning Is Broken; Read How to fix it.

Uganda Secures €270M Afreximbank Loan to Fund Development.

One in Six South Africans Saving to Enter the Stock Market.

Maia Capital backs SLAM’s acquisition of largest student residence.

Britain Launches Dedicated Electric Vehicle Insurance in Kenya.

Umeme Board Sees Major Shake-Up as Key Directors Resign.

Old Mutual Profits Fall 99% in its Half-Year 2025 Financial Results.

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