Month: January 2020
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Business
SBM Bank files petition to liquidate E.A Cables over Ksh285m loan
Listed electrical cables manufacturer, East African Cables risks closing its business after SBM Bank (Kenya) filed a petition in the…
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Business
CBK signals commercial banks to lower lending rates
Hope for cheaper loans to Kenyans received a further boost on Monday when Central Bank of Kenya’s (CBK) Monetary Policy…
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Business
Shilling could weaken if Treasury dumps external commercial loans – Report
Analysts at Genghis Capital have raised fresh concerns on the volatility of the shilling should the National Treasury’s plan to…
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Business
IMF: Kenya’s debt sustainability at stake over high interest rates
International Monetary Fund has said that Kenya uses almost half of its revenues collected to pay loans. The multilateral fund…
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Business
South African Airways cancels flights in fight for survival
South African Airways (SAA) has cancelled some domestic flights between its Johannesburg hub and Cape Town and Durban, and some…
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Business
UK firm to invest Ksh3.94 billion for green cheap homes in Kenya
UK Climate Investment (UKCI) has revealed plans to invest Sh3.94 billion to finance the construction of cheap homes, largely boosting…
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Business
Prince Harry meets 21 African State heads in London
Britain’s Prince Harry attended the UK-Africa Investment Summit in London for 21 African countries hosted by Prime Minister Boris Johnson…
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Business
Kenya lists its first green bond on the London stock exchange
Kenya’s first-ever green bond was listed on the London Stock Exchange, becoming the first Kenyan shilling bond to be listed…
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Politics
Babu Owino charged with attempted murder
Embakasi Member of Parliament Philip Ongili who is also known as Babu Owino has been charged with attempted murder. Owino…
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Business
Diaspora remittance for December increased to Ksh25 bn
Monthly diaspora remittance inflows to Kenya increased to 25 billion shillings in December 2019 up from nearly Ksh22 billion in…
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