Economy

October 17, 2019

Kenya launches second phase of SGR line

President Uhuru Kenyatta on Wednesday opened the second phase of the Standard Gauge Railway (SGR) with the promise to complete…
Read More »
October 15, 2019

Uhuru to commission Ksh150 bn Nairobi-Naivasha SGR this week

Nairobi, Naivasha Standard Gauge Railway (SGR ) project has been completed, and is set to be commissioned by President Uhuru…
Read More »
October 15, 2019

Global uncertainty continues to slow growth in Africa’s Economies, says World Bank

Growth in Sub-Saharan Africa remained slow through 2019, hampered by persistent uncertainty in the global economy and the slow pace…
Read More »
October 10, 2019

UN may not have money to pay staff next month, says Guterres

The United Nations (UN) has said it may not have enough money for staff salaries in November if member states…
Read More »
October 10, 2019

Parliament approves Treasury’s request to raise public debt ceiling to Ksh9 trillion

Members of Parliament on Wednesday approved the National Treasury’s request to raise public debt ceiling to Ksh9 trillion from the…
Read More »
October 10, 2019

M-Pesa among top 10 most influential finance projects globally

M-Pesa has been rated as one of the top 10 most influential financial projects in the world by Project Management…
Read More »
October 10, 2019

Turkey opens ground assault on Syria’s Kurds; U.S. Republicans turn on Trump

Turkish troops and their Syrian rebel allies attacked Kurdish militia in northeast Syria on Wednesday, pounding them with air strikes…
Read More »
October 8, 2019

Samsung flags 56% dip in Q3 operating profit

South Korea’s Samsung Electronics Co Ltd said on Tuesday (Oct 8) its third-quarter operating profit likely fell 56 per cent…
Read More »
October 7, 2019

Cytonn seeks approval for KSh. 2 billion real estate.

Investment management firm, Cytonn investments is seeking the capital markets authority’s nod to register a Development Real Estate Investment Trust…
Read More »
October 3, 2019

KRA vows to meet tax targets for financial year 2019/2020

The Kenya Revenue Authority (KRA) has exuded confidence in meeting the Ksh2.12 trillion tax target for the year 2019/20 through…
Read More »