Business
Proparco, IBL Group acquire Ksh.3.7 billion stake in Naivas Supermarket
June 27, 2022
Proparco, IBL Group acquire Ksh.3.7 billion stake in Naivas Supermarket
Naivas Supermarket has sold extra shares worth Ksh.3.7 billion to three new foreign investors in its new expansion strategy.The new…
British International Investment to invest up to Ksh.23 billion in African hydropower
June 27, 2022
British International Investment to invest up to Ksh.23 billion in African hydropower
British International Investment, the UK’s development finance institution, is joining Norfund, the Norwegian Investment Fund for developing countries, in its…
HF Group appoints Anne Kimari its Non-Executive Director
June 27, 2022
HF Group appoints Anne Kimari its Non-Executive Director
Anne Kimari has been appointed as an Independent Non-Executive Director of HF Group Board of Directors, w.e.f 24th June 2022.Anne…
Treasury fails to meet June Bond target, raises Ksh.19.6 billion
June 27, 2022
Treasury fails to meet June Bond target, raises Ksh.19.6 billion
The National Treasury failed to meet its June 23, 2022 tap sale of Ksh.25 billion when it managed to raise…
Kenya’s dollar crisis sees forex reserve plummet 1% to Ksh.944 billion
June 27, 2022
Kenya’s dollar crisis sees forex reserve plummet 1% to Ksh.944 billion
Kenya’s usable foreign exchange reserves plummeted to Ksh.944.9 billion in the week ended June 24 amidst outcry by manufacturers and…
Kenya shilling now 0.2 units shy to hit 118 level against Dollar
June 27, 2022
Kenya shilling now 0.2 units shy to hit 118 level against Dollar
Kenya Shilling buckled further against the US Dollar Monday, with only o.25 units shy of hitting the 118 level.Data by…
Russia on brink of default as debt deadline looms
June 27, 2022
Russia on brink of default as debt deadline looms
Russia is on the brink of its first debt default since 1998 as the Sunday deadline to make a $100m…
List of websites to be blocked in Kenya over copyright infringement
June 24, 2022
List of websites to be blocked in Kenya over copyright infringement
Internet Service Providers (ISP) in Kenya have been accused of failing on their mandate to comply with the revocation notice…
Over 160 degrees nullified in intensified crackdown against fake certificates
June 24, 2022
Over 160 degrees nullified in intensified crackdown against fake certificates
Kenyans have been in the spotlight over the authenticity of degree certificates, much of which politicians seeking various political seats…
Reasons why half of world’s wealthiest hail from U.S and what Kenya can learn from it
June 24, 2022
Reasons why half of world’s wealthiest hail from U.S and what Kenya can learn from it
The United States is a bastion of the ultra-wealthy, with more than half of the globe’s known billionaires living in…