Economy
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NIFC launches in Kenya with Ksh.235 billion investment plan
The Nairobi International Financial Centre (NIFC) has been launched in Kenya, a flagship initiative under the economic pillar of Kenya’s…
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Phone importation into Kenya goes up as govt imposes 10% levy
Importing mobile phones into Kenya will cost importers extra shillings effective July 1, 2022. This is after President Uhuru Kenyatta…
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Kenya’s inflation at 5-year high of 7.9%
Kenya’s inflation accelerated to a record high in June amid increased costs of food and high fuel prices which have…
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KRA announces mass property auction including 194 high-end cars; how to pace bid
The Kenya Revenue Authority (KRA) has invited interested bidders for its auctioning exercise scheduled for two days beginning June 28,…
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British International Investment to invest up to Ksh.23 billion in African hydropower
British International Investment, the UK’s development finance institution, is joining Norfund, the Norwegian Investment Fund for developing countries, in its…
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Kenya’s dollar crisis sees forex reserve plummet 1% to Ksh.944 billion
Kenya’s usable foreign exchange reserves plummeted to Ksh.944.9 billion in the week ended June 24 amidst outcry by manufacturers and…
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Kenya shilling now 0.2 units shy to hit 118 level against Dollar
Kenya Shilling buckled further against the US Dollar Monday, with only o.25 units shy of hitting the 118 level. Data…
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Russia on brink of default as debt deadline looms
Russia is on the brink of its first debt default since 1998 as the Sunday deadline to make a $100m…
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List of websites to be blocked in Kenya over copyright infringement
Internet Service Providers (ISP) in Kenya have been accused of failing on their mandate to comply with the revocation notice…
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Over 160 degrees nullified in intensified crackdown against fake certificates
Kenyans have been in the spotlight over the authenticity of degree certificates, much of which politicians seeking various political seats…
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