Markets
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Safaricom is mulling lowering rates on its mobile lending platforms
Safaricom is considering lowering the customer charges on its M-Pesa, M-Shwari and Fuliza amid pressure from the government to curb…
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Expect lower returns on investments; CBK tells bank owners
Repealing of interest rate cap in the country has culminated into a warning by Central Bank of Kenya (CBK) on…
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Equity signs deal with AGCO to finance tractor purchase
Equity bank Kenya and AGCO, a US company that owns the Massey Ferguson brand, have signed a partnership agreement that…
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Private Sector cautioned against sabotaging the “Buy Kenya” agenda
President Uhuru Kenyatta on Friday cautioned private sector players against sabotaging the government’s policy to give priority to locally produced…
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Cytonn seeks approval for KSh. 2 billion real estate.
Investment management firm, Cytonn investments is seeking the capital markets authority’s nod to register a Development Real Estate Investment Trust…
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Asia stocks pull ahead in cautious trade as focus shifts to U.S. payrolls
Asian stocks edged up on Friday, thanks to gains on Wall Street, but signs of widening cracks in the global…
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All ranitidine drugs recalled from the market over cancer risk
The government has recalled all ranitidine products from the Kenyan market following the discovery of impurities in the drugs used…
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Efficiency at Mombasa port sees KPA record a 9.9% growth in revenue
The Kenya Ports Authority recorded a 9.9 percent growth in revenue between January and August compared with the same period…
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Inflation in September drops to 3.8%
Kenya’s overall year on year inflation for the month of September dropped to 3.83% from 5.0% in August. According to…
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SWVL suspended in Kenya after pumping in Ksh1.5 bn in transport sector
Ride-hailing shuttle SWVL was on Monday suspended by National Transport and Services Authority (NTSA) just a month after it pumped…
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