Economy
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Subaru lovers to get new cars on credit in new deal with Autochek Africa
Subaru Kenya and Autochek Africa have signed a deal that will see customers buy new and second-hand cars through loan…
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CBK retains benchmarking rate at 7%, cites global uncertainties
The Central Bank of Kenya (CBK) has for the umpteenth time retained the Central Bank Rate (CBR) at 7 percent…
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Higher shipping cost to push up inflation through 2022, warns IMF
Higher shipping cost is fueling inflation which is on track to rise through the end of 2022 while the Russia-Ukraine…
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Govt strikes deal with IPPs for cheap, reliable power
The Kenyan Government has entered into a formal engagement with Independent Power Producers (IPP) as reforms continue in the energy…
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Kenya receives Ksh.44 billion submarine fibre cable for cheaper internet
Kenya has welcomed the sixth submarine fibre cable worth Ksh.44 billion, which runs for 15,000 kilometres. The cable is expected…
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Explainer; What a weak and strong shilling means for Kenyan economy
The Kenyan Shilling has retained its vulnerability against the United States Dollar at a low of 114.8 units, signaling a…
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How Kenya will benefit as DR Congo officially joins East Africa Community
The Democratic Republic of Congo was officially admitted to the East Africa Community (EAC) Tuesday during an Extraordinary Summit of…
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Mobile money transactions by Kenyans up 4% to Ksh.1.1 trillion in two months to December 2021
Data from the Communications Authority of Kenya (CA) indicates the value of mobile money transfers among Kenyans was valued at…
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NMS kicks out all PSVs from Nairobi CBD
Public Service Vehicles (PSVs) are set to be kicked out of the city centre beginning in April according to Nairobi…
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KRA sets up electric gates at borders to counter counterfeit goods
The Kenya Revenue Authority (KRA) has set up an electric gate at Busia Border, with the work set ready before…
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