Month: September 2022
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Corporate
KCB board okays proposed acquisition of 85% stake in DRC-based Trust Merchant Bank
Kenya Commercial Bank (KCB) stakeholders have rubber-stamped the proposed acquisition of majority stake of 85 percent in one of the…
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Economy
What it means for Kenyan borrower as CBK begin issuing licences to mobile lenders
Beginning September 17, 2022, it will be illegal for mobile lenders, legally identified as Digital Credit Providers (DCP) to make…
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Markets
Ruto knows it all, says CBK Governor Njoroge after state phases out fuel subsidy
Kenya removed fuel subsidy from its programmes that was a common measure by former President, Uhuru Kenyatta to cushion vulnerable…
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Agriculture
DP Gachagua flags off 426,000 bags of subsidised fertiliser to farmers
Deputy President Rigathi Gachagua flagged off a consignment of 426, 000 bags of subsidised fertiliser, coming 11 days after his…
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News
What politicians are not telling you about Kenya being broke
A section of Kenya Kwanza politicians has accused former President Uhuru Kenyatta of leaving Kenya’s economy in a “dilapidated” situation…
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Economy
Ruto makes move on CAS positions after court declared them unconstitutional
The Public Service Commission (PSC) has been asked to establish the positions of Chief Administrative Secretary (CAS) under Kenyan law…
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Finance
What interest rate hike in U.S means for Kenya as MPC prepares to meet – CBK Governor Njoroge explains
African countries including Kenya are experiencing serious levels of economic distress to maintain relationship in the financial markets like borrowing…
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Economy
Plane crash-lands at Nairobi’s National Park
A plane crash-landed at the Nairobi National Park Wednesday afternoon after taking off from Wilson Airport. The accident was close…
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Opinions
Using tech to avoid “The Great Resignation”
The Great Resignation is increasingly becoming a major source of concern for businesses. Initially, this global phenomenon was attributed to…
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Corporate
Shelter Afrique approves Ksh.2.2 billion 5-year loan for housing projects in DRC
Pan-African housing development financier Shelter Afrique Board has approved a Ksh.2.2 billion commercial loan to Katanga-based real estate development company,…
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