Business News

Bank of England Rate Cut: February Hike More Likely?

The Bank of England (BoE) is facing a tough call. Will it cut interest rates in February, as some had predicted, or will it hold steady, or even – gasp – *raise* them? Recent market activity suggests the latter is becoming increasingly likely. Bloomberg’s recent article highlights a growing skepticism amongst traders regarding a February […]

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Business News

Directline Assurance Fights to Remove Suspended Directors from CR12 Form

Directline Assurance is locked in a legal battle, demanding the removal of its suspended directors from the crucial CR12 form. This case underscores the complexities of corporate governance and regulatory compliance within Kenya’s business landscape. The insurer’s move highlights the significant implications of having suspended directors listed on official company documents. Understanding the CR12 Form […]

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Insurance Services
Business News

Ethiopia Opens Banking Sector to Foreign Competition

Ethiopia, a nation long known for its closed financial system, has taken a significant leap towards economic liberalization. A new law passed in December 2024 opens the country’s banking sector to foreign competition, marking a pivotal moment for its economic future. This move is expected to inject much-needed capital, innovation, and expertise into the Ethiopian […]

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