Economy
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Kenya, Uganda railway line upgrade to cost Ksh.15 billion
Both Kenya and Uganda have entered into an agreement to upgrade the old Metre Gaige Railway (MGR) to ease the…
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High Court thwarts Humphrey Kariuki’s Ksh.17 billion tax evasion claim by KRA
Businessman, Humphrey Kariuki’s Ksh.17 billion tax evasion onslaught by the state has been thwarted by the High Court. In a…
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DTB Q1 profit up 15.8% to Ksh.2.2 billion
Diamond Trust Bank’s (DTB) quarter one profit surged by 15.8 percent to Ksh.2.2 billion from Ksh.1.9 billion in a similar…
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Survey; Tax rises will drive most Kenyans to illicit goods
The vast majority of Kenyans are likely to end up buying illicit goods if proposed new consumer taxes become law.…
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Over 56,000 motorists have used Nairobi Expressway in 8 days, says Transport CS Macharia
The number of motorists using the new Chinese-built Nairobi Expressway hit 23,600 to Friday last week since it was fully…
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List of Ksh.337.8 billion projects in Kenya under Public Private Partnership
Kenya has so far completed key projects under the Public-Private Partnership (PPP), scaling itself as one country with more mature…
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Kenya to benefit from World Bank’s Ksh.3.4 trillion funding to tackle food shortage
Kenya will benefit from World Bank’s Ksh.3.4 trillion financing kitty that has been set aside to address food insecurity globally.…
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U.K to finance construction of Ksh.30 billion Nairobi Central Railway Station starting July
The United Kingdom will finance the construction of the Nairobi Central Railway to a tune of Ksh.30 billion. The project,…
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Kenya narrows debt to China to Ksh.793 billion in March
Kenya’s debt to China last year December stood at Ksh.806 billion representing 24 percent of the county’s total extern debt.…
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Sri Lanka defaults on Ksh.9 billion debt, first time in history
Cash strapped Sri Lanka has defaulted on its debt for the first time in its history as the country struggles…
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