Year: 2023
-
Economy
Kenya drops in ranking as most innovative state with Botswana taking lead
African states had much to show in the innovative world, at a time when the coronavirus was at its peak…
Read More » -
Markets
Kenya Shilling nears 127 mark against dollar after breaking 126 level Wednesday
The Kenyan Shilling took the worst hit to trade at its weakest against the US dollar Friday, perhaps the worst…
Read More » -
Economy
Tanzania makes changes in Investment laws favouring foreign investors
The Tanzanian government made changes to its investment laws, heralding opportunities for foreigners seeking to invest in the country. In…
Read More » -
Corporate
KCB Group sets up special team to collect Ksh.120 billion in bad loans
KCB Group chief executive Paul Russo has initiated a restructuring of the business to accelerate bad loans recovery and improve…
Read More » -
Economy
Kenya on boards World Bank to unlock affordable housing supply
Kenya is engaging the World Bank to unlock housing supply to amplify President William Ruto’s housing agenda and to help…
Read More » -
Corporate
Safaricom Society approves Ksh.176.9 million dividend on positive returns
Safaricom Investment Co-operative shareholders have approved a Ksh.176.9 million dividend payout at the 14th Annual General Meeting. This translates to…
Read More » -
Economy
Presidential Taskforce on Education recommends varsity fee hike to Ksh.52,000
The presidential working party on education has tabled its daunting recommendation on fees for universities across the country. The taskforce…
Read More » -
Economy
Kenya Shilling deeps 1.8% year-to-date on continued debt accumulation
The Kenyan shilling has recorded a Year-to-date depreciation of 1.8 percent against the US Dollar due to continued pressure against…
Read More » -
Economy
National Bank enters deal with Mombasa for health, Wash project financing
The National Bank of Kenya (NBK) entered into a deal with the County government of Mombasa to provide financing for…
Read More » -
Commodities
Energy transition, investment and regulations dominate talks at Mining Indaba 2023
As Africa progresses towards its net zero emissions targets, it needs to transition from a fossil fuel-based energy system to…
Read More »
