Economy
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Shilling now 0.77 units shy to hit 111.68 level last seen in Dec 2020
The Kenya shilling weakened against the US dollar hitting a nine-month low of 110.9, amid increased import activities by local…
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State drops graft charges against Rotich in Arror Dam scandal
Director of Public Prosecutions (DPP) Noordin Haji has dropped some charges against more suspects in the Ksh.63 billion corruption case…
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How to leverage ‘franchising’ as a successful business model
A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark…
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Anglo Leasing debt hits Ksh.17.5 billion despite payment suspension
Debts linked to the Anglo Leasing type of contracts increased 3.6 percent to Ksh.17.5 billion at the end of 2020.…
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MPs move to spare mobile lenders from capital rules
Mobile lenders, also known as digital lenders will not be subjected to minimum capital and liquidity requirements as the Central…
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How CEOs in Kenya perceive economic recovery path in 2021
The Monetary Policy Committee (MPC) conducted a survey through the eye of Chief Executive Officers (CEOs) in Kenya who perceived…
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9 storey building caves in in Ruiru
A building caved in in Ruiru, Kiambu County but no casualties have been reported. The nine-storey building was still under…
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Kenyan borrows Ksh.2 billion to finance Eastern bypass upgrade
Kenya has borrowed Ksh.2 billion to construct the Nairobi Eastern Bypass dual carriage. The road stretches from Mombasa Road to…
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Russia roots for cryptocurrencies as means of payment
Russian President Vladimir Putin said that cryptocurrencies were too unstable to be used to settle oil contracts but that they…
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Analysis on China’s foreign trade growth, electricity pricing reforms
Newly released official data indicates that China’s total imports and exports expanded nearly 23 percent year on year in the…
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