Serrari Group

Kenya Launches Revolutionary Electronic Cargo Clearance System to Accelerate Regional Trade and Combat Border Corruption

Kenya has officially launched a groundbreaking electronic cargo clearance system designed to revolutionize cross-border trade by enabling significantly faster processing of goods and eliminating the bureaucratic inefficiencies that have historically plagued regional commerce. The Common Market for Eastern and Southern Africa (Comesa) Electronic Certificate of Origin (e-CO) represents a transformative shift from paper-based documentation to […]

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Bitcoin Surges Past $125,000 Milestone, Setting New All-Time High Amid Institutional Demand and Policy Shifts

Bitcoin achieved a historic milestone on Monday, reaching a new all-time record high as the world’s largest cryptocurrency by market capitalization continued to benefit from robust institutional investor demand, evolving regulatory frameworks, and its deepening integration into mainstream financial systems. The digital asset’s remarkable ascent underscores its transformation from a fringe technology experiment into a […]

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Tanzania Grants Kenya Exemption from Foreign Business Ownership Ban, Resolves Trade Barriers in Regional Integration Breakthrough

Kenya has announced that Tanzania has agreed to exclude Kenyan nationals from a controversial ban on foreign ownership of small businesses, a decision that potentially averts diplomatic tensions between the two East African neighbors and reinforces their commitment to regional economic integration. This significant policy clarification came after intensive bilateral negotiations held in Dar es […]

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Kenya’s Private Sector Rebounds Strongly in September as PMI Climbs to 51.9, Signaling Post-Protest Recovery

Kenya’s private sector economy demonstrated encouraging signs of recovery during September, with the Stanbic Bank Kenya Purchasing Managers’ Index (PMI) climbing to 51.9 from 49.4 in August, marking the first time the closely-watched indicator has moved above the critical 50.0 neutral threshold since April. The improvement represents a significant turning point for the East African […]

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Eurozone Inflation Accelerates as Energy Price Declines Moderate, Complicating ECB Policy Outlook

Inflation has accelerated across the eurozone’s largest economies this month, suggesting that overall price growth also ticked upward throughout the 20-nation currency bloc, thereby easing pressure on the European Central Bank (ECB) to implement further reductions in borrowing costs as policymakers navigate increasingly complex economic signals. The ECB reduced its key interest rate by a […]

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Egypt’s Central Bank Implements Fourth Rate Cut of 2025, Slashing Borrowing Costs by 100 Basis Points

Egypt’s Central Bank delivered its fourth interest rate reduction of 2025 on Thursday, cutting overnight rates by 100 basis points as policymakers determined that inflationary pressures remain sufficiently contained to justify continued monetary easing despite robust economic growth that accelerated to 5% in the second quarter of the year. The Central Bank of Egypt’s Monetary […]

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Kenya and Tanzania Set for Critical Friday Talks to Resolve Controversial Foreign Business Ban Threatening Regional Trade

Kenya and Tanzania are preparing for high-stakes bilateral negotiations scheduled for Friday, October 3, 2025, aimed at resolving tensions stemming from Tanzania’s controversial July decision to prohibit foreigners from engaging in small-scale business activities—a move that has sent shockwaves through the East African Community (EAC) and raised fundamental questions about the future of regional economic […]

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Global Economy Faces $41 Trillion Climate Catastrophe by 2050, Moody’s Analysis Reveals Unprecedented Risk

In a stark warning that underscores the mounting financial toll of climate change, Moody’s Insurance Solutions has released a comprehensive analysis projecting that climate-related physical risks could devastate the global economy to the tune of $41.4 trillion by mid-century, representing a catastrophic 14.5% reduction in global GDP. This sobering forecast arrives as the world grapples […]

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Somalia Prepares for Historic Offshore Oil Drilling Launch in 2026, Eyeing Transformation from Aid Dependence to Energy Producer

Somalia stands on the cusp of a potentially transformative economic milestone as the nation prepares to launch its first offshore oil drilling operations in January 2026, marking a pivotal moment that could reshape the Horn of Africa nation’s economic trajectory and elevate it from aid dependency to joining the ranks of global fossil-fuel producers. According […]

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Kenya and Belgium Forge Historic Tax Treaty to Boost Investment and Combat Evasion

The Kenyan government has formalized a landmark bilateral agreement with Belgium designed to eliminate double taxation and prevent tax evasion for individuals and businesses operating between the two countries. The historic deal was signed on Tuesday, September 30, at the National Treasury offices in Nairobi, marking a pivotal moment in Kenya-Belgium economic relations. The agreement […]

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