Business

Public Service Vehicles Reduce Bus Fares Amid Shilling Gains: A Welcome Relief for Kenyan Commuters

Public Service Vehicles Reduce Bus Fares Amid Shilling Gains: A Welcome Relief for Kenyan Commuters

Public service vehicles are lowering bus fares on various routes, bringing relief to millions of daily commuters. This move comes…
Kenya Shilling Up 2.1% Against Dollar to Open Week At 134

Kenya Shilling Up 2.1% Against Dollar to Open Week At 134

The Shilling continued its winning streak against the US Dollar at the start of the week Monday, signalling positive gains…
Global Real Estate Outlook Remains Negative as High Funding Costs Persist, Economy Slows

Global Real Estate Outlook Remains Negative as High Funding Costs Persist, Economy Slows

Challenging financing conditions and a slowing economy keep our outlook negative. High-interest rates are causing a multitude of challenges for…
Petrol Price Down by Ksh.7.21 in Latest Review

Petrol Price Down by Ksh.7.21 in Latest Review

Kenyan motorists can breathe a sigh of relief as the government announces a significant reduction in fuel prices, attributing the…
Kenya Shilling Hits 137 Units Aginst Dollar, Level Last Seen in June

Kenya Shilling Hits 137 Units Aginst Dollar, Level Last Seen in June

The Shilling has continued its gain against the US Dollar, reaching levels last seen in June 2023. Figures from the…
JP Morgan Among Managers to Assist Nigeria in its Upcoming Eurobond

JP Morgan Among Managers to Assist Nigeria in its Upcoming Eurobond

Nigeria has hired investment banks including Citibank NA, JPMorgan Chase & Co. and Goldman Sachs Group Inc. to advise it…
Somalia Secures $2 Billion in Debt Relief from Paris Club

Somalia Secures $2 Billion in Debt Relief from Paris Club

The world’s richest nations agreed to cancel more than $2 billion of Somalia’s liabilities to help the war-torn nation restore…
Kenya Shilling Now Trading at 138 Units

Kenya Shilling Now Trading at 138 Units

The Kenyan Shilling has seen a notable appreciation against the dollar, closing at 138.8 units as of Wednesday. This marks…
Shilling Strength Sees Kenya’s Billionaire Investment Up Ksh.209 Billion

Shilling Strength Sees Kenya’s Billionaire Investment Up Ksh.209 Billion

Merali family has witnessed an uptick in its investments in under four days, thanks to the gains in the shilling.…
Products Faulu Bank Offers Women in Business

Products Faulu Bank Offers Women in Business

Faulu Bank has developed a range of financial products tailored to the unique needs of its women clientele. With over…
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