Year: 2022
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Markets
Bank of England raises interest rate to 1.25%
The Bank of England (BoE), the central bank of the United Kingdom, on Thursday, raised its benchmark interest rate by…
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Opinions
Investors should allocate capital to business in Africa
By Kenny Nwosu As we aim to build a better Africa, we must appreciate the huge potential the continent offers…
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Markets
U.S. Fed raises benchmark rate by 0.75, biggest hike since 1994
The United States Federal Reserve announced the most aggressive interest rate increase in nearly 30 years, raising the benchmark borrowing…
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Economy
Kenya’s Ksh.32 billion new container terminal 2 welcomes first ship
Kenya’s Ksh.32 billion Container Terminal 2 welcomed its first ship with 2,704 twenty–foot equivalent units (TEUS). The 26-metre-long vessel, CMA…
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Economy
How Kenyan youth have benefited from Ksh.15 billion WB-funded Kenya Youth project
The Ksh.15 billion Kenya Youth Employment and Opportunities Project (KYEOP) has trained and placed 66,000 youths into employment opportunities. KYEOP…
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Corporate
Nigeria pays additional Ksh.838.7 million stake in Shelter Afrique to trail Kenya as major shareholder
Pan-Africa housing development financier, Shelter Afrique has received an additional Ksh.838.7 million capital subscription from the Federal Government of Nigeria.…
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Commodities
Diesel, Petrol prices up by Ksh.9 per litre in June review
Kenyan motorists will dig deeper into their pockets for the next 30 days following a newly revised pump price by…
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Markets
Kenya seeks Ksh.25 billion to fill up borrowing gap by June 23
Kenya is now seeking an additional Ksh.25 billion from the Treasury Bonds to fill up the local borrowing gap before…
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Lifestyle
‘How to murder your husband’ author sentenced for murdering husband
An Oregon judge has sentenced Nancy Crampton Brophy to life in prison, a romance author who foretold of her crime…
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Politics
President Kenyatta receives award for promoting gender equality
President Uhuru Kenyatta has received the African Gender Award 2022 for championing gender equality and development in the country. The…
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