CBK Unlikely to Raise Interest Rate in Third Quarter, Experts Say in Survey

[Nation] Money market experts do not expect a hike in the base rate in this third quarter, saying a sluggish economy and implications on lending rates amid slower credit growth weigh against such a move.

[Nation] Money market experts do not expect a hike in the base rate in this third quarter, saying a sluggish economy and implications on lending rates amid slower credit growth weigh against such a move.

source: AllAfrica News: Kenya

Kariobangi’s Dream Takes Shape in GOtv Shield

[Nation] Kariobangi Sharks’ ambition of bagging their first major silverware since the club’s formation is firmly on course following Sunday’s convincing 3-1 victory in GOtv Shield tournament against 2014 winners Sofapaka at Nyayo Stadium.

[Nation] Kariobangi Sharks' ambition of bagging their first major silverware since the club's formation is firmly on course following Sunday's convincing 3-1 victory in GOtv Shield tournament against 2014 winners Sofapaka at Nyayo Stadium.

source: AllAfrica News: Kenya

Tea Firm’s Suit Against Nakumatt Adds Woes to Struggling Retailer

[Nation] Tea brewer Gold Crown Beverages has filed an insolvency petition against retail chain Nakumatt seeking to recover a Sh60 million debt it says has remained unpaid since January last year.

[Nation] Tea brewer Gold Crown Beverages has filed an insolvency petition against retail chain Nakumatt seeking to recover a Sh60 million debt it says has remained unpaid since January last year.

source: AllAfrica News: Kenya

Murder Accused Sentenced to 25 Years’ Imprisonment

[SAPS] Mtunzini High Court convicted and sentenced two accused, Malusi Mdlalose (28) and Bonginkosi Ngobese (49) for murder and kidnapping of Maxwell Thandanani Skhakhane (56). Mdlalose was sentenced to 25 years imprisonment for murder and 5 years for …

[SAPS] Mtunzini High Court convicted and sentenced two accused, Malusi Mdlalose (28) and Bonginkosi Ngobese (49) for murder and kidnapping of Maxwell Thandanani Skhakhane (56). Mdlalose was sentenced to 25 years imprisonment for murder and 5 years for kidnapping and Ngobese was sentenced 25 years imprisonment for murder.

source: AllAfrica News: South Africa

Govt Launches U.S.$7,6 Million Fund to Alleviate Poverty

[The Herald] Government yesterday launched a $7,6 million fund under the Organisation of the Petroleum Exporting Countries (Opec) Fund for International Development to support poverty alleviation projects in country’s three major poverty stricken provi…

[The Herald] Government yesterday launched a $7,6 million fund under the Organisation of the Petroleum Exporting Countries (Opec) Fund for International Development to support poverty alleviation projects in country's three major poverty stricken provinces.

source: AllAfrica News: Zimbabwe

Two Suspects Arrested With Two Illegal Firearms and Ammunition in Two Separate Incidents in Harare

[SAPS] Efforts to fight the proliferation of illegal firearms in the Harare area have once again resulted in two more firearms being recovered in two days in Harare.

[SAPS] Efforts to fight the proliferation of illegal firearms in the Harare area have once again resulted in two more firearms being recovered in two days in Harare.

source: AllAfrica News: South Africa