Year: 2020
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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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News
Airtel money waives transaction fees across all bands to help fight COVID-19
The second biggest telco in Kenya, Airtel Kenya has waivered transaction fees on its Airtel money across all bands in…
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News
Safaricom waives Mpesa transaction fee amid virus outbreak
By Daisy Okanga Mobile telecom operator Safaricom has waived its transaction fee on mobile money transfer M-Pesa for transactions below…
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News
Kenyan shilling weakens as coronavirus concerns looms
The Kenyan shilling weakened on Monday as market participants worried about the impact of the spread of coronavirus on the…
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News
African nations close borders, cancel flights amid coronavirus spread
Several African countries have closed their borders, canceled flights and imposed strict entry and quarantine requirements to contain the spread…
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