Business
T-Bills subscription up 667% to Ksh.26.7 billion for first time in four weeks
July 10, 2023
T-Bills subscription up 667% to Ksh.26.7 billion for first time in four weeks
In last week’s Central Bank of Kenya (CBK) data, Treasury Bills (T-Bills) were oversubscribed for the first time in four…
Kenya, Congo, Central African Republic join forces to boost trade, security
July 10, 2023
Kenya, Congo, Central African Republic join forces to boost trade, security
Kenya, the Republic of Congo and the Central African Republic will join forces in the fight against terrorism and insecurity…
Indo East Africa Trade Expo 2023: Unveiling new trade opportunities between India and East Africa
July 6, 2023
Indo East Africa Trade Expo 2023: Unveiling new trade opportunities between India and East Africa
The highly anticipated Indo East Africa Trade Expo 2023 kicked off today at the Tsavo Ballroom, KICC in Nairobi, Kenya.…
UNCDF, CoB agree on development of mid-term revenue enhancement action plans for select counties
July 5, 2023
UNCDF, CoB agree on development of mid-term revenue enhancement action plans for select counties
United Nations Capital Development Fund (UNCDF Kenya) Country Office in partnership with the Office of Controller of Budget and in…
CBK opens internship opportunities from communication to banking; see details
July 4, 2023
CBK opens internship opportunities from communication to banking; see details
The Central Bank of Kenya (CBK) has opened a six-month internship programme for different fields within the institutions. Even though…
African investors unite to pioneer historic infrastructure investment on continent
July 4, 2023
African investors unite to pioneer historic infrastructure investment on continent
Prominent African and Global institutional investors signed subscription agreements and letters of intent in preparation for the first close of…
Metropol: High inflationary pressure looming from Q3 on new taxes, levies [Video]
July 4, 2023
Metropol: High inflationary pressure looming from Q3 on new taxes, levies [Video]
The inflation rate in Kenya remained at 9.2% through the first quarter of 2023, even after four successive interest rate…
Rating firm GCR assigns Shelter Afrique positive outlook
July 4, 2023
Rating firm GCR assigns Shelter Afrique positive outlook
South African rating agency GCR has assigned a positive outlook to Shelter Afrique on expectations of a return to profitability…
Africa’s fintech market to reach Ksh.9.1 trillion in revenue by 2030, says new study
June 29, 2023
Africa’s fintech market to reach Ksh.9.1 trillion in revenue by 2030, says new study
The African fintech market is projected to reach Ksh.9.1 trillion ($65bn) by 2030, representing a 13-fold increase over 2021. This…
Businesses brace for rising finance costs as CBK raises key rate to 10.5%
June 27, 2023
Businesses brace for rising finance costs as CBK raises key rate to 10.5%
Businesses are bracing for higher financing costs after CBK raised the key policy rate to 10.5% from 9.5% on Monday,…