Month: November 2019
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News
KDIC on Imperial Bank depositors
It is a little over four years now since the central Bank of Kenya placed Imperial Bank under statutory management.Four…
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Agriculture
EAAGADS has posted a half-year net loss of KSh. 43.3 million
Listed agricultural firm, EAAGADS, which specializes in coffee production and marketing, has said it projects its profitability for the financial…
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News
UAP holdings issue profit warning
UAP Holdings warned its shareholders that it could sink further into losses during the current financial year.The firm, which has…
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News
Impact of excise duty hike on car prices
Among the industries that are expected to feel the taxman’s painful pinch is the automobile industry, which is expected to…
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News
How the Finance Act 2019 will affect you and your business
Exactly one week ago, President Uhuru Kenyatta signed the Finance Bill, 2019 into law.The most talked-about aspect of the finance…
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Regions
Pressure builds as Trump impeachment probe hears new claims
Two top US diplomats delivered gripping testimony Wednesday about Donald Trump’s efforts to get Ukraine to investigate his potential 2020…
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News
US Federal Reserve Chair warns over rising US debt and deficit
US Federal Reserve chief Jerome Powell urged Congress on Wednesday to take action on the rising US debt and deficit…
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News
Irish firm in 2 million euro partnership with Cellulant
A UK based digital banking company; PiPit has announced a combined 225 million shillings partnership with two Kenyan digital payment…
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News
The National Treasury formulates a draft Debt Management Policy
The National Treasury has put out a draft debt management policy that will require the Cabinet Secretary to the National…
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News
Lamu Coal Power Project in limbo after AfDB holds back funding
The African Development Bank (AfDB) will not fund a coal-fired power plant project in Kenya and has no plans to…
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