Month: November 2022
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Corporate
KRA boss Mburu appointed OECD Global Forum Vice Chair
Kenya Revenue Authority (KRA) Commissioner General Githii Mburu has been appointed as the Vice Chairman of the Organisation for Economic…
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Markets
NMG, Standard Group stocks tumble Tuesday to close as top losers
Stocks appeared gloomy for the media industry on the Nairobi Security Exchange (NSE) when the two leading outlets, Nation Media…
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Commodities
Russian oil output to fall 1.4 million barrel per day as EU ban takes effect
Russian oil production will be hit hard starting next year as the European Union implements ban on seaborne exports of…
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Markets
US stocks fall after prior week’s sharp gains as OPEC cuts demand growth forecasts
U.S. equities declined on Monday as Wall Street took a breather after scoring its best week in months after the…
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Agriculture
China, Kenya deepen agricultural cooperation to enhance food security
China has been deepening agricultural cooperation with African countries via the establishment of low cost greenhouses, setting up crop breeding…
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Commodities
Fuel price drops by Ksh.1 in latest EPRA review
Price of fuel dropped by Ksh.1 in two consecutive months in fresh review by the Energy Petroleum and Regulatory Authority…
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Finance
CBK announces changes on borrower’s credit report in new directive to CRBs
The Central Bank of Kenya (CBK) has announced changes on the Credit Information Sharing mechanism in a bid to allow…
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Finance
Banks to write off 50% of mobile loans due October
The Central Bank of Kenya (CBK) has directed all commercial banks, Microfinance, and mortgage institutions to write off 50 percent…
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Sport
Awinja brings Rongai to standstill after man wins ticket to Qatar on Odibets [Video]
Ogoti is one of the lucky Kenyans that will enjoy the experience in the Qatar courtesy of betting firm Odibets.…
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Economy
Kenya blacklists expensive creditors as Treasury seeks new facility from World Bank
Kenya is banking on a concessional borrowing from potential creditors to help itself re-profile its liabilities including swap of expensive…
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