The government has extended the cessation of movement in and
out of Eastleigh and Mombasa’s Old Town until June 6.
The extension was announced by the Cabinet Secretary for
Health Mutahi Kagwe on Wednesday and said the move is keen to the reduction of
the spread of the virus
The Government has declared Monday, May 25, 2020 a public
This is to allow Kenyans of Muslim faith to participate in
Interior Cabinet Secretary Dr. Fred Matiangi made the
announcement on Wednesday through a gazette notice.
Majority of Muslims around the world started fasting on
April 24, 2020 which
Alibaba founder and Chinese billionaire Jack Ma has left
SoftBank's board of directors.
This happens just as the company posted a USD13 (Ksh1.4
trillion) billion annual loss
Ma, who is also China’s richest man served on SoftBank's
board for the past 13 years, and is set to officially
The NCBA Group PLC (NCBA) has posted a pre-tax profit of
Ksh2.4 billion for the year ending March 31, 2020.
The lender’s total operating income for the quarter stood at Ksh10.9 billion with profit after tax of Ksh1.6 billion.
“The year started strong with promising growth driven by
President Uhuru Kenyatta approved the post-COVD-19 stimulus package worth Ksh53.7 billion that was tabled by the Ukur Yatani-led National Treasury.
In a letter written to the Clerk of the National Assembly Michael Sialai, outlined plans which will further channel in further Ksh32.4 billion into eight areas
The United States President Donald Trump has threatened once again to permanently halt funding for the World Health Organization (WHO) if it did not commit to improvements within 30 days.
In a letter addressed to WHO Director General Tedros Adhanom
Ghebreyesus, Trump says WHO must comply
The Central Bank of Kenya (CBK) is mulling to switch
Treasury bill (T-bill) investors to bonds on the back of the pressure brought
about by the coronavirus pandemic.
According to the regulator, the decision is being advised by a view to provide relief to exchequer upcoming redemptions on
By Daisy Okanga | Motorists who have insured their vehicles with Heritage Insurance will benefit from a reduction in premiums, on the basis of reduced driving due to restrictions imposed by the Government as a result of the COVID-19 pandemic.
Data collected by Heritage Insurance through
During the week, T-bills were slightly
oversubscribed, with the subscription rate coming in at 100.4%, up from 62.6%
the previous week.
The oversubscription was partly attributable to favourable liquidity in the market due to government payments, which saw the average interbank rate declined to 4.1%, from 4.2%,
East African Breweries Limited says its net
profit for the year ending June is likely to decline by 25 percent compared to
the previous period, hurt by the coronavirus pandemic.
The company says the COVID-19 global
pandemic and the subsequent response measures taken across the region have
impacted its business