Economy
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World Bank cuts East Asia’s 2022 GDP growth forecast to 5% on Ukraine crisis
The World Bank cut its growth forecast for East Asia and the Pacific for 2022 to reflect the economic impact…
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PKF urges govt to create consistent tax policy ahead of budget reading
PKF has called upon the government to create a consistent tax policy that is suitable for all sectors ahead of…
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Stanbic secures Ksh.1 billion loan for SME financing targeting women
Stanbic Bank Kenya has secured a Ksh.1 billion loan from the African Guarantee Fund to finance Small & Medium-sized Enterprises…
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Uhuru unlocks Ksh.34 billion to oil marketers to release fuel
President Uhuru Kenyatta signed key Parliamentary Bills into law Monday, April 4 to deal with the financing crisis that has…
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Elon Musk buys 9.2% stake in Twitter worth over Ksh.345 billion, to become largest shareholder
Tesla boss Elon Musk on Monday disclosed a 9.2-percent stake in Twitter, worth nearly Ksh.345.9 billion (US$.3 billion), making him…
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Employer powers limited in new law over job certification, labour relations
The power of employers in Kenya has been limited by changes in the new law that took effect on April…
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Artists to pocket 52% from skiza revenues after Uhuru signed Copyright Bill into law
The Copyright (Amendment) Bill, 2021 was signed into law Monday, April 4 by President Uhuru Kenyatta dealing a big win…
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Uhuru signs Supplementary Bill into law, unlocking Ksh.34 billion to deal with fuel crisis
President Uhuru Kenyatta signed key Parliamentary Bills into law Monday, April 4 to deal with the financing crisis that has…
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President Kenyatta signs 5 parliamentary Bills into law
President Uhuru Kenyatta has signed into law five parliamentary bills among them the 2022 Supplementary I Appropriation Bill (Supplementary Budget).…
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Kenya Shilling hits 15-month all time low to 115 units against US Dollar
The Kenya shilling hit a 15-month all-time low of 115 units against the US dollar Monday, the lowest record in…
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