Month: May 2022
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Markets
Asian markets mixed as inflation fears weigh
Asian stocks were mixed on Monday as inflation fears and concerns about low economic growth weighed on markets. Investors will…
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Economy
High food prices push Kenya’s inflation to 7.1% in May
Inflation in Kenya for the month of May jumped to 7.1 percent from 6.4 percent in April pointing out the…
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Corporate
KQ introduces cashless system at its Kisumu, Mombasa Airports
Kenya’s national carrier Kenya Airways (KQ) has adopted a cashless mode of payment at its two major airports. Both Moi…
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Corporate
Sanlam narrows profit loss by 13.4% to Ksh.542 million in 2021
Sanlam Kenya narrowed its profit loss by 13.4 percent to Ksh.542 million for the full year ended December 31, 2021.…
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Economy
Kenya seeks to raise debt ceiling to Ksh.10 trillion
The National Treasury Cabinet Secretary Ukur Yatani has proposed to raise Kenya’s debt ceiling from the current Ksh.9 trillion to…
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Health
Avoiding sex to prevent Monkeypox from spreading, says WHO
A Monkeypox disease worry among humanity has taken shape and is spreading in communities and countries where it never existed.…
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Economy
Kenya defaulted on loan repayment over Kimwarer, Arror and Itare dams
A report by the Auditor General Nancy Gathungu shows Kenya defaulted on three loans totaling Ksh.5.1 billion. The loan servicing…
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Agriculture
How fish farming in Busia has helped govt’s primary to secondary 100% transition programme
Fishery is a major economic activity in Busia, thanks to Lake Victoria which supports a huge population of fish including…
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Health
Drinking coffee daily may save you from early death, study shows
Drinking a cup of coffee every day may just lower the risk of early death. This is based on a…
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Commodities
Blow to Putin as EU bans two-thirds of Russia’s oil imports
The European Union agreed on Monday night to phase out dependency on Russian gas, oil and coal said European Commission…
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