Economy
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Debt servicing to take up 66% of Kenyans’ Ksh.1.7 trillion in taxes
Kenya’s public debt has ballooned to Ksh.8.4 trillion record high as President Uhuru Kenyatta prepares to vacate office in August,…
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KNCCI, KDC partner to accelerate credit flow to SMEs
The Kenya Development Corporation (KDC) and the Kenya National Chamber of Commerce and Industry (KNCCI) have entered into a strategic…
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Road accidents have claimed 1,968 lives in six months
New statistics show that 1968 Kenyans dies in road accidents since January this year. According to the National Transport and…
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Court freezes over Ksh.115 million belonging to Kenyan woman in money laundering fight
Anti-Corruption Court froze Ksh.115 million wired from Mauritius to a Kenyan woman in an intensified fight against money laundering. A…
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World Bank revises Kenya’s economic growth to 5.5% in 2022
The World Bank estimates Kenya’s economy to grow by 5.5 percent this year, an upward revision from December estimates of…
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Kenyan MPs agree to raise debt ceiling to Ksh.10 trillion
Kenya’s Members of Parliament voted to raise the current debt ceiling from Ksh.9 trillion to Ksh.10 trillion. This gives the…
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EU agrees all phones to use Type-C charger in blow to iPhone
The European Union (EU) unanimously agreed on a deal that will see all phones, tablets and cameras use a common…
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Ethiopia warns its citizens against trading in cryptocurrencies
Ethiopia’s Central Bank has issued a warning to Ethiopians against engaging in illegal transactions in digital currencies. The National Bank…
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Kenya to receive Ksh.17.5 billion loan from AfDB for Nairobi-Nakuru Highway upgrade
Kenya is set to receive Ksh.17.5 billion from the African Development Bank (AfDB) for the upgrade of the Nairobi Nakuru…
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Report; Half population of Isiolo need food relief
About 50 percent of Isiolo County residents are in need of food support following two years of insufficient rainfall. According…
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