Month: March 2020
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Markets
Coronavirus: Commercial Banks to renegotiate loan repayment with borrowers
Central Bank of Kenya (CBK) Governor Dr. Patrick Njoroge on Wednesday announced that banks had taken measures to prevent the…
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News
Chinese nationals interdicted, asked to return to Tanzania over COVID-19 fears
Thirteen Chinese nationals were on Tuesday asked to return to Tanzania when they tried to make an entry into Kenya.…
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Markets
Kenya allows cargo vessels into Mombasa port despite lockdown
The government has allowed cargo vessels into Mombasa port, even after restricting foreign travel and closing all schools amid coronavirus…
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Health
One more person tests positive of COVID-19 in Kenya
Cabinet Secretary for Health Mutahi Kagwe has confirmed a new case of Coronavirus in Kenya bringing the total number of…
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News
France guarantees Ksh34 trillion in loan to boost business amid COVID-19 outbreak
France President Emmanuel Macron announced Monday that his government will support French businesses by guaranteeing £ 300 billion (Ksh34 trillion)…
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Markets
Impact of Coronavirus on Kenya’s economy
By Nancy Marende | Coronavirus may have a 10.0 percent impact on Gross Domestic Product (GDP) in the event the…
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News
Governor Sonko suspends all arrest by his County officers
Nairobi County Governor Mike Sonko has suspended all arrests by Nairobi City County Government Inspectorate and Enforcement officers. The move…
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News
Shop raided for selling fake coronavirus kits as Liberia confirms first case
A Shop that was advertising Coronavirus testing kits online, was on Monday raided by police. According to Reuters, the staff…
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Markets
Fed Reserves cut rates to a record low of 0.25 p.c
The America Federal Reserve has cut rates for the second time in less than two weeks, in an unexpected move…
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Health
Jack Ma donates medical supplies in Africa to combat COVID-19
By Daisy Okanga | Chinese billionaire and Co-Founder of Alibaba Jack Ma, has offered to donate masks, test kits and…
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