Business

USAID releases Ksh.120 million in aid for over 20K households in Makueni

USAID releases Ksh.120 million in aid for over 20K households in Makueni

At least 22,889 households in three constituencies in Makueni County will benefit from over Sh 120 million funded by the…
Safaricom finally switches on its network in Ethiopia

Safaricom finally switches on its network in Ethiopia

Safaricom Ethiopia switched on its network and services in Addis Ababa on October 6, 2022, following a successful series of…
Germany earmarks Ksh.15 billion for food relief in Kenya, Somalia & Ethiopia

Germany earmarks Ksh.15 billion for food relief in Kenya, Somalia & Ethiopia

Germany has earmarked Ksh.15 billion for food relief programme for Kenya, in response to the ongoing humanitarian crisis occasioned by…
Tourism revenue to grow by 75% to Ksh.256 billion in 2022 – Balala

Tourism revenue to grow by 75% to Ksh.256 billion in 2022 – Balala

Kenya projects to receive about 1.46 million tourists by close of the year following the ease of coronavirus restrictions. This,…
Ruto to launch Ksh.800 million Wakulima Market

Ruto to launch Ksh.800 million Wakulima Market

President William Ruto is set to commission the newly constructed Wakulima Market early November. The Ksh.800 million market is located…
Oil prices inch higher ahead of OPEC+ meeting to discuss supply cuts

Oil prices inch higher ahead of OPEC+ meeting to discuss supply cuts

Oil prices inched higher in early Asian trade on Tuesday, on expectations that OPEC+ may agree to a large cut…
Why Elon Musk has changed mind again on Ksh.5 trillion Tweeter deal

Why Elon Musk has changed mind again on Ksh.5 trillion Tweeter deal

Billionaire Elon Musk is proposing to go ahead with his original offer of Ksh.5 trillion ($44 billion) to take Twitter…
Metropol Corporation’s Credit Rating unit, a defining factor for companies creditworthiness

Metropol Corporation’s Credit Rating unit, a defining factor for companies creditworthiness

Kenya only has five credit rating agencies approved by the Capital Markets Authority (CMA) with Metropol Corporation being the only…
KCB, BasiGo ink deal for electric vehicle financing of up to 90%

KCB, BasiGo ink deal for electric vehicle financing of up to 90%

KCB Bank Kenya and BasiGo have entered into an electric vehicle financing deal which will see dealers in the Public…
IMF sets conditions before releasing low-cost loans for poor countries to deal with food crisis

IMF sets conditions before releasing low-cost loans for poor countries to deal with food crisis

Kenya is among countries that will benefit from a one-year funding programme dubbed Food Shock Window which the International Monetary…
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