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Agriculture Economy
April 14, 2022
Brigit Pamela
0

Why Taita Taveta is focusing on macadamia farming

Taita Taveta has now set its focus on the lucrative macadamia farming, in a bid to enhance food security in the county. Gaining support from both the national and county governments, macadamia farming has seen steady growth, moving from its current status of 300 hectares with

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POST TAGS:
David MwangomaMacadamia FarmingTaita Taveta
Economy
Habitat for humanity Africa to first housing forum in Nairobi
April 14, 2022
Brigit Pamela
0

Habitat for Humanity Africa to first housing forum in Nairobi

Habitat for Humanity Africa is set to host the inaugural Africa Housing Forum that seeks to foster solutions that promote low-cost and affordable housing as a driver of economic growth in Africa. The forum is part of a global series of regional housing forums organised by

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Charles Hinga
Economy
April 11, 2022
Brigit Pamela
0

State pushes for 20% excise duty on punters for second time

The National Treasury Cabinet Secretary Ukur Yatani seeks to increase excise duty as changes are made to the Excise Duty Act. Changes that have been proposed to the Excise Duty Act through the Finance bill 2022 will see punters pay 20 percent of their money as

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POST TAGS:
BettingFinancial Year Budget 20222/23National TreasuryUkur Yatani
Economy Markets
KNCCI, Digital lenders partner to provide credit solutions to SMEs
April 7, 2022
Brigit Pamela
0

Mobile lenders to inform borrowers of listing with CRBs month prior

Digital lenders are now required to notify loan defaulters a month prior, before presenting their names to the Credit Reference Bureau (CRB). This comes after changes were made to the Consumer Protection Act which saw the Central Bank of Kenya (CBK) become an overseer of all-digital

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POST TAGS:
CBKCentral Bank of KenyaCRBDigital Lenders
Corporate
April 1, 2022
Brigit Pamela
1

Tatu City offers Kenyan diaspora free air ticket anywhere globally in new campaign

Tatu City has launched a raffle that will see a lucky Kenyan living in the diaspora win a free ticket back home from anywhere in the world. The “Fly me Home!” raffle campaign will run from April 1, 2022, to June 30, 2022. The draw will

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POST TAGS:
Fly Me HomeLornah KiplagatTatu City
Economy
March 31, 2022
Brigit Pamela
1

Subaru lovers to get new cars on credit in new deal with Autochek Africa

Subaru Kenya and Autochek Africa have signed a deal that will see customers buy new and second-hand cars through loan facilities effective March 31, 2022. “The collaboration will see an increase in their vehicle purchase since many Subaru lovers do not convert to customers due to

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POST TAGS:
Autocheck AfricaSubaru Kenya
Corporate Finance
DTB Q1 profit up 15.8% to Ksh.2.2 billion
March 30, 2022
Brigit Pamela
0

DTB resumes dividend payout after posting a Ksh.3.9 billion profit

Diamond Trust Bank posted a Ksh.3.9 billion profit for the full year ended December 31, 2021, compared to Ksh.3.2 billion made a year before. This has seen the bank announce the resumption of dividend payout. DTB’s board has recommended a Ksh.3 per dividend per share for a

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Diamond Trust Bank
Economy
Govt strikes deal with IPPs for cheap, reliable power
March 29, 2022
Brigit Pamela
2

Govt strikes deal with IPPs for cheap, reliable power

The Kenyan Government has entered into a formal engagement with Independent Power Producers (IPP) as reforms continue in the energy sector. The partnership will contribute to the delivery of the constitutional mandate of the Ministry of energy by providing clean, reliable, sustainable low-cost power. This has been

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POST TAGS:
EPRAMinistry Of Energy
Economy Markets
CBK okays Egyptian bank Banque Misr S.A.E. to set up branch in Kenya
March 29, 2022
Brigit Pamela
5

Explainer; What a weak and strong shilling means for Kenyan economy

The Kenyan Shilling has retained its vulnerability against the United States Dollar at a low of 114.8 units, signaling a crisis in commodity prices. On Tuesday, the shilling slumped further against the dollar to trade at Ksh.114.82, down from Ksh.114.7 on Monday. This has been fueled by

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POST TAGS:
Central Bank of KenyaInflation RateKenyan Shilling
Economy Markets
CBK suspends Ecobank from forex trade for a week
March 28, 2022
Brigit Pamela
1

CBK suspends Ecobank from forex trade for a week

The Central Bank of Kenya (CBK) has suspended Ecobank from forex trade over what it termed as unsafe trading practices and breaches of the Prudential Guidelines on Foreign Exchange Exposure Limits in March 2022. The lender will, consequently, not be in a position to undertake any

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POST TAGS:
Ecobank Forex TradeEcobank Kenya Limited

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