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UAE Exchange Rebrands as Unimoni

Short for 'Universal Money', the new brand "Unimoni" reflects the company's aspirations to strengthen its global presence and provide a broader spectrum of innovative financial services to its customers. Following the announcement, Unimoni…

EAC: Al Futtaim Automotive keen to grow CMC brand

Al-Futtaim Automotive has expressed optimism in the dealers’ market presence in the region, citing a renewed five-year dealership with Ford motors in Kenya and Uganda. The motor dealer also recently signed a deal with Renault trucks, to…

Tanzania to shut down loss-making state firms

Tanzania will shut down loss-making State-owned enterprises (SOEs) and retain only those that post profit annually, the country's Minister for Finance and Planning Philip Mpango said on Tuesday. Speaking at the official opening…

Kenya Railways denies ‘racism’ at SGR

Kenya Railways Board Chairman Mr. Michael G. Waweru has formed adhoc Board committees to spearhead the process of resolving the issues highlighted on various platforms concerning the project. Among the matters to be addressed with…

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