Collins Ogutu
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Corporate
Absa Bank Invests Ksh.60 Million in the 2025 Magical Kenya Open
Absa Bank Kenya PLC has committed Ksh.60 million to sponsor the 2025 Magical Kenya Open (MKO). This sponsorship reinforces their…
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Economy
Kenya’s GDP Slows Down in H2 2024 to 4.7%
Kenya’s economy slowed down in the second half of 2024, with GDP growth dropping to 4.7% from 5.6% in 2023,…
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Kenya
Win for Busia SMEs as County Disburses Ksh.111 Million for Affordable Credit
Busia County has disbursed Ksh.111 million to promote the growth of cooperatives and Small and Micro-Enterprises (SMEs). The funds will…
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Kenya
CBK to Penalise Banks for Charging Kenyans High Interest Rates
The Central Bank of Kenya (CBK) has begun on-site inspections of commercial banks to ensure they comply with the Risk-Based…
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Kenya
CBK Cuts Benchmark Lending Rate to 10.75
The Central Bank of Kenya (CBK) cut its benchmark lending rate by 50 basis points to 10.75 percent on Wednesday,…
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Kenya
Kenya Seeks New IMF Funding as April Programme Nears Conclusion
Kenya has announced plans to secure a one-year financial assistance package from the International Monetary Fund (IMF), with negotiations already…
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Corporate
Uber Earnings 18% up to $770 Million on spiked Demand for Services
Uber Technologies year-on-year profit before tax increase to $770 million for the three months ending December 31, 2024, an 18…
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Economy
Kenya’s Private Sector Confidence Dips Amid Tough Business Environment
Kenya’s private sector confidence has taken a hit, with businesses bracing for a more challenging year due to rising costs…
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Business
KNCCI Calls for Improved Credit Access to Boost SMEs Growth
The Kenya National Chambers of Commerce and Industry (KNCCI) has stepped up efforts to push access to credit for Small…
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Corporate
Bolt Defends Pricing Formula in Kenya Amid Uproar Over Commission, Taxes
Ride-hailing company Bolt has defended its pricing model in Kenya following recent protests by drivers demanding a fair share of…
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