Markets
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Kenya Airways to operate domestically, cancels international flights
Kenya Airways has suspended all of its international flights effective March 25. In a statement on Sunday, East Africa’s giant…
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How Coronavirus has affected the Public transport sector since the outbreak
Travel to and throughout Kenya has rapidly dropped in recent days, driven by concerns about the spread of the novel…
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CBK releases Ksh7.4 bn into government to help fight coronavirus
The Central Bank of Kenya (CBK) Governor Dr. Patrick Njoroge has released Ksh7.4billion to the Government’s Consolidated Fund to support…
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EABL to acquire 30 p.c shareholding in Serengeti breweries
East African Breweries Limited (EABL) has issued a precautionary statement to its shareholders over its intentions to purchase 30 percent…
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Traders warned against hiking commodity prices amid COVID-19 outbreak
President Uhuru Kenyatta has warned traders against hiking prices of commodities, products and services in the wake of coronavirus outbreak.…
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Coronavirus: Commercial Banks to renegotiate loan repayment with borrowers
Central Bank of Kenya (CBK) Governor Dr. Patrick Njoroge on Wednesday announced that banks had taken measures to prevent the…
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Kenya allows cargo vessels into Mombasa port despite lockdown
The government has allowed cargo vessels into Mombasa port, even after restricting foreign travel and closing all schools amid coronavirus…
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Impact of Coronavirus on Kenya’s economy
By Nancy Marende | Coronavirus may have a 10.0 percent impact on Gross Domestic Product (GDP) in the event the…
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Fed Reserves cut rates to a record low of 0.25 p.c
The America Federal Reserve has cut rates for the second time in less than two weeks, in an unexpected move…
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Coronavirus: Tuskys allays fears of commodity shortages and price hikes
Tuskys Supermarket has allayed fears of an alleged shortage of products in its stores in the wake of panic shopping…
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