Business

The Rwanda Stock Exchange (RSE) on Friday recorded a higher a turnover compared to the previous day, marking a busy week.

South Africa’s FirstRand Bank plans to acquire a mid-sized Kenyan bank when the opportunity arises to boost its presence in the largest economy in one of the fastest-growing regions on the continent, its Africa head said.

The Ugandan shilling inched lower against the dollar on Friday, undermined by dollar demand from the energy sector, a day after the local currency rallied on a central bank decision to leave interest rates unchanged.