Month: February 2022
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Economy
Putin announces military operation in Ukraine
The Russian president on Thursday announced an operation in Ukraine in a surprise televised address. Putin said the action came…
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Markets
Ten steps to consider before executing forex trade
Forex trade can be confusing for someone who might be a beginner. This will lead to the person experiencing various…
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Economy
Africa’s second digital finance summit kicks off at Kempinski
The second edition of the Africa Digital Finance Summit (AFDS) kicked off Wednesday, February 23, 2022, in Villa Rosa Kempinski…
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Corporate
KMRC’s first corporate bond oversubscribed by 480% to Ksh.8.1 billion
Kenya Mortgage Refinance Company’s (KMRC) first tranche of the Medium Term Note (MTN) was oversubscribed by 480 percent to collect…
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Economy
Kenya’s Ksh.500 billion nuclear plant to employ over 10,000 youth
The Nuclear Power and Energy Agency is finalizing plans for the construction of a Ksh.500 billion nuclear power plant in…
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Corporate
SACCOs challenged to develop fresh models to attract growth
Savings and Credit Cooperative Societies (SACCOs) have been directed to conduct their Annual General Meetings (AGM) before the end of…
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Commodities
Oil price up 13% to Ksh.11k in 7yrs on Russia, Ukraine tension
Oil prices surged Tuesday, February 22, 2022, on fears that rising tensions between Ukraine and Russia could disrupt supplies around…
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Economy
World Bank expresses interest to partake in Ksh.180 billion Nairobi-Mau highway construction
The private sector arm of the World Bank, International Finance Corporation (IFC), has expressed interest to take part in financing…
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News
Mumias Sugar administrator Rao asked to come clean on financial statements since appointment date
A Law Firm has written to Mumias Sugar Company Limited Receiver Manager and Court Appointed Interim Administrator, Mr. Ponangipalli Venkata…
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Economy
Kenya staring at high inflation on ongoing Ukraine, Russia brawl
Kenyans are staring at a high cost of living in the near future due to the ongoing diplomatic brawl between…
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