Lawrence Baraza
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Economy
Africa’s fintech market to reach Ksh.9.1 trillion in revenue by 2030, says new study
The African fintech market is projected to reach Ksh.9.1 trillion ($65bn) by 2030, representing a 13-fold increase over 2021. This…
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Corporate
KCB inks cross border payment deal targeting AfCFTA
KCB Group has entered into a deal with the Pan-African Payment and Settlement System for cross-border transactions on the continent.…
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News
How Kenya Shilling is trading against dollar in Dr. Thugge’s first week in office
Over the last 12 months, the Kenya Shilling has lost its grip against the US Dollar, shedding 13 percent of…
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Economy
Thugge’s first MPC meeting pushes borrowing cost to all-time high
Newly appointed Central Bank of Kenya (CBK) Governor, Dr. Kamau Thugge chaired his first Monetary Policy Committee (MPC) meeting Monday,…
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Economy
Ruto approves Ksh.22.9 billion from Consolidated Fund for additional spending by state
President William Ruto approved the Supplementary Appropriations (No. 2) Bill, 2023 Monday, warranting the additional spending by the National Government…
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Economy
World Bank to introduce ” debt pause option” for countries in event of crisis
The World Bank is mulling introducing a pause mechanism if low-income countries are hit by a crisis. This is according…
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Economy
Foreign Ministry says its discussed deal to secure jobs for Kenyans in Jamaica
Kenya’s Foreign and Diaspora Cabinet Secretary Dr. Affairs Alfred Mutua toured Jamaica Tuesday where he held talks with his Jamaican…
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Economy
Kakamega receives lion’s share of Ksh.31.4 bn equitable share from state
The May Equitable share allocation of Ksh.31.45B was released, with Kakamega, Nakuru, Turkana and Nairobi getting their lion’s share of…
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Economy
President Ruto’s Ksh.3.6 trillion budget reading by CS Ndungu [LIVE]
The National Treasury has proposed a Ksh.3.6 trillion for the Financial Year 2023/2024 with a Ksh.700 billion deficit to be…
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Economy
Finance Bill 2023 proposes to tax per diem for civil servants [Video]
All employees in the public sector will be subjected to per diem tax, should the Finance Bill, 2023 be enacted…
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