Lawrence Baraza
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T-Bills
T-Bills remained undersubscribed in Q1 of 2021
During the first quarter of 2021, T-bills were undersubscribed, with the overall subscription rate coming in at 94.1 percent, up…
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Economy
Kenya Airways suspends passenger flights to U.K
The national carrier, Kenya Airways (KQ) has suspended flights between Kenya and UK effective April 9, 2021 until further notice.…
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Corporate
AAR net profit down 55 % as total income grows 14%
Medical underwriter, AAR Insurance has posted a 58.1 percent dip in its pre-tax profit for the year ended December 2020.…
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Commodities
Government shuts down 12 petrol stations over non-compliance
The government through Energy and Petroleum Regulatory Authority (EPRA) has shut down 12 fuel stations in the country over what…
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Politics
Tanzania President Suluhu reshuffles her Cabinet
Tanzanian President Samia Suluhu Hassan on Wednesday announced the appointment of new finance minister and foreign minister in a cabinet…
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News
UK likely to blacklist Kenya over open border with Tanzania
Kenya risks joining the UK’s blacklist of countries from where travellers are subjected to mandatory stay at quarantine hotels due…
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News
Government borrowed Ksh. 3.38 billion daily between January 2020 and January 2021
The National Treasury borrowed Ksh. 3.385 billion daily between January 2020 and January 2021, new data released by the Central…
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Politics
Dr. Philip Mpango is Tanzania’s new Vice President
Tanzania Parliament unanimously approved Dr. Phillip Mpango on Tuesday as the new Vice President of Tanzania. He was approved by…
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Politics
Tanzania President Samia Suluhu appoints Philip Mpango as Vice President
Tanzania President Samia Suluhu Hassan has appointed Dr. Philip Mpango as the country’s new Vice President. According to Tanzania’s online…
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Corporate
Family Bank records a 1.3% growth in pre-tax profit to Ksh.1.44 billion
Family Bank posted a 1.3 percent growth in its profit before tax for the full year ended December 2020 to…
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