Marion Wavinya
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Corporate
MPs summon Poster boss over unaccounted Ksh.168 million
The National Assembly’s Public Accounts Committee has summoned postmaster-general Dan Kagwe to account for Ksh.168 million from non-remittance that was…
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Markets
Banks to soon have uniform lending rates for mortgages
The Kenya Mortgage Refinancing Company (KMRC) is now mulling hiring a consultant to develop uniform lending terms for home loans…
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Economy
Kenya’s January remittance down 3.4 percent to Ksh.38.5 billion
Total remittance from Kenyans living abroad dropped by 3.4 percent to Ksh.38.5 billion in January compared to Ksh.39.5 billion that…
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News
Number of Kenyans earning Ksh.100,000 and above
The number of Kenyans earning more than Ksh.100, 000 and above currently stands at 79,909, according to the Kenya National…
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Economy
Kenya’s top earners to pay more in fresh NHIF regulations
The National Health Insurance Fund (NHIF) has issued fresh regulations where workers earning more than ksh.100,000 will have to pay…
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Corporate
Safaricom’s Q3 results up 16% on increased M-Pesa transactions
M-Pesa transactions increased by 16.1 percent for the third quarter ended December 2021, strengthening Safaricom’s revenue portfolio. “Our M-Pesa platform,…
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Agriculture
Looming higher inflation as maize flour price jumps 12%
Kenya risks higher inflation of flour prices following the significant increase in maize prices, a move that is threatening the…
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Markets
Kenyan Shilling to weaken further, experts warn
Experts are now warning that the Kenyan shilling is likely to depreciate even further after it weakened against the US…
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Agriculture
New twist and turns in Mumias Sugar revival plan
Mumias Sugar Company receiver-manager Ponangipalli Venkata Ramana Rao has filed an application in court seeking to scrutinize the KCB bank…
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Corporate
Power firm REREC receives nod to extend CEO term
The Ethics and Anti-Corruption Commission has backed the extension of the term for chief executive of the Rural Electrification and…
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