Economy
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Kenya’s Turkana oil project put on hold
The South Lokichar Basin project has been put on hold after the Canadian oil explorer, Africa Oil, exhausted its funds.…
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Details reveal amount DP Ruto, Mudavadi will spend on US trip
Deputy President William Ruto together with Amani National Congress (ANC) leader Musalia Mudavadi, Governors Ann Waiguru, Salim Mvurya and Joseph…
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Why banks are phasing out use of cheques
Cheque volumes and values have continued to fail as individuals and businesses make greater use of electronic payment instruments, particularly…
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Kenya lays plan to slash budget deficit
Kenya aims to reduce its budget deficit by five percent in the next five years to 2026/27, in order to…
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Amount of money it would cost you to hire helicopter in Kenya
A helicopter is not only considered a means of transport but also a status symbol that attracts crowds and is…
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KBA inks deal with Germany-based GIZ for SME financing in agriculture
Kenya Bankers Association (KBA) has entered a partnership with Germany-based GIZ for Small Micro and Medium Enterprises (SME) financing in…
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Kenya to house one of Africa’s giant data companies
Kenya is set to house one of Africa’s two mega data centres, a move that will boost Internet speeds. Once…
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List of Russian bigwigs, companies sanctioned by EU amidst Ukraine invasion
The European Union has blacklisted 26 Russian nationals including Russia’s presidential Press secretary Dmitry Peskove and one legal entity, this…
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HELB beneficiaries receive 100% Penalty Waiver on condition
Students with outstanding loans from the Higher Education Loans Board (HELB) are now a happy lot after the state corporation…
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Import costs set to raise as shilling weakens further against dollar
The Kenyan shilling is now under new pressure against the US dollar after it hit a new record low Monday,…
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