Business
U.S. Fed raises benchmark rate by 0.75, biggest hike since 1994
June 16, 2022
U.S. Fed raises benchmark rate by 0.75, biggest hike since 1994
The United States Federal Reserve announced the most aggressive interest rate increase in nearly 30 years, raising the benchmark borrowing…
Kenya’s Ksh.32 billion new container terminal 2 welcomes first ship
June 16, 2022
Kenya’s Ksh.32 billion new container terminal 2 welcomes first ship
Kenya’s Ksh.32 billion Container Terminal 2 welcomed its first ship with 2,704 twenty–foot equivalent units (TEUS).The 26-metre-long vessel, CMA CMG…
How Kenyan youth have benefited from Ksh.15 billion WB-funded Kenya Youth project
June 16, 2022
How Kenyan youth have benefited from Ksh.15 billion WB-funded Kenya Youth project
The Ksh.15 billion Kenya Youth Employment and Opportunities Project (KYEOP) has trained and placed 66,000 youths into employment opportunities.KYEOP National…
Nigeria pays additional Ksh.838.7 million stake in Shelter Afrique to trail Kenya as major shareholder
June 16, 2022
Nigeria pays additional Ksh.838.7 million stake in Shelter Afrique to trail Kenya as major shareholder
Pan-Africa housing development financier, Shelter Afrique has received an additional Ksh.838.7 million capital subscription from the Federal Government of Nigeria.The…
Diesel, Petrol prices up by Ksh.9 per litre in June review
June 14, 2022
Diesel, Petrol prices up by Ksh.9 per litre in June review
Kenyan motorists will dig deeper into their pockets for the next 30 days following a newly revised pump price by…
Kenya seeks Ksh.25 billion to fill up borrowing gap by June 23
June 14, 2022
Kenya seeks Ksh.25 billion to fill up borrowing gap by June 23
Kenya is now seeking an additional Ksh.25 billion from the Treasury Bonds to fill up the local borrowing gap before…
CCI Global commissions new office construction at Tatu City with over 4,000 jobs in offing
June 14, 2022
CCI Global commissions new office construction at Tatu City with over 4,000 jobs in offing
CCI Global has begun the construction work of its new block on Eneo at Tatu Central, its ultra-modern contact centre…
KRA shuts down Keroche Breweries with over 400 staff affected
June 14, 2022
KRA shuts down Keroche Breweries with over 400 staff affected
Kenya’s local brewing company Keroche has been caught on the receiving end once again in a renewed tax dispute with…
Top five wealthiest people lost Ksh.40.5 trillion on Monday over inflation fears
June 14, 2022
Top five wealthiest people lost Ksh.40.5 trillion on Monday over inflation fears
The top five wealthiest men on the planet lost a whooping Ksh.40.5 trillion on Monday alone on the backdrop of…
Peter Kioko replaces Russo as National Bank managing director in interim capacity
June 13, 2022
Peter Kioko replaces Russo as National Bank managing director in interim capacity
National Bank of Kenya (NBK) Board has appointed Peter Kioko as the Managing Director in an interim capacity, effective June…