Economy

How Governments Are Rewriting Economic Policies Amid Inflation and Geopolitical Shifts

By Stella Mambo As countries worldwide grapple with sluggish economic growth exacerbated by high inflation and rising interest rates, governments are rapidly reshaping economic policies to stimulate recovery. This transformation is unfolding against a backdrop of shifting geopolitical dynamics, potential U.S.-China trade conflicts, and disruptive internal reforms. Amid these global changes, African nations are emerging […]

Business

Diamond Trust Bank Forecasts Surge in Lending as Kenya’s Economy Stabilizes

By Eddah Waithaka Diamond Trust Bank (DTB) has projected a significant increase in lending to individuals and small businesses, citing Kenya’s stabilizing economy and steady growth following a challenging year. DTB Kenya Chief Executive Officer Murali Natarajan announced that the banking sector’s credit could double in the next decade from the current $32 billion if […]