Month: April 2021
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T-Bills
T-Bills remained undersubscribed in Q1 of 2021
During the first quarter of 2021, T-bills were undersubscribed, with the overall subscription rate coming in at 94.1 percent, up…
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Economy
Kenya Airways suspends passenger flights to U.K
The national carrier, Kenya Airways (KQ) has suspended flights between Kenya and UK effective April 9, 2021 until further notice.…
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Health
Kenya reports 20 COVID-19 deaths, 1,184 new infections
The Ministry of Health on Saturday reported 20 more COVID-19 related fatalities, raising the country’s death toll to 2,206. In…
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Corporate
AAR net profit down 55 % as total income grows 14%
Medical underwriter, AAR Insurance has posted a 58.1 percent dip in its pre-tax profit for the year ended December 2020.…
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Corporate
Nairobi business ventures to acquiring stakes, assets in local firms
The listed trading firm, Nairobi Business Ventures has announced that it is in the process of acquiring shareholding and assets…
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Economy
Narok County loses Ksh.2.25 billion in revenue due to lockdown
Narok County government lost Ksh.2.25 billion in revenue at the Maasai Mara game reserve when the country was closed to…
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Markets
Kenyan shilling strengthens further against U.S dollar
The Kenyan Shilling has strengthened further against the U.S Dollar amid subdued demand for the dollar. Inflation rate Year-on-year inflation…
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Economy
2021 global trade recovery rests on vaccines; says WTO
By CGTN | Global trade is set to grow by eight percent in 2021, the World Trade Organization (WTO) said…
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Commodities
Government shuts down 12 petrol stations over non-compliance
The government through Energy and Petroleum Regulatory Authority (EPRA) has shut down 12 fuel stations in the country over what…
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Politics
Tanzania President Suluhu reshuffles her Cabinet
Tanzanian President Samia Suluhu Hassan on Wednesday announced the appointment of new finance minister and foreign minister in a cabinet…
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