Business
Kenya Shilling drops by 0.8% with retained below average months of import cover
April 17, 2023
Kenya Shilling drops by 0.8% with retained below average months of import cover
The Kenya Shilling depreciated by 0.8% against the US dollar to close the week at Ksh.134.4 against the dollar. The…
Shelter Afrique eyes African diaspora in affordable housing delivery
April 14, 2023
Shelter Afrique eyes African diaspora in affordable housing delivery
Pan African housing development financier, Shelter Afrique is targeting the African Diaspora to enhance affordable housing delivery across the continent.…
Kenya to save Ksh.66.7 billion monthly as it vacates fuel importation using US dollar
April 11, 2023
Kenya to save Ksh.66.7 billion monthly as it vacates fuel importation using US dollar
Kenya stands to save Ksh.66.7 billion ($500 million) every month as it vacates importing fuel commodities using the US Dollar…
List of mega hydo dams supplying Kenya with electricity
April 6, 2023
List of mega hydo dams supplying Kenya with electricity
Kenya has 16 main hydro dams supplying the country’s power. Lately, the country has witnessed severe drought that has seen…
Ruto woos Kagame to leverage Mombasa port efficiency for export, import of goods
April 5, 2023
Ruto woos Kagame to leverage Mombasa port efficiency for export, import of goods
President William Ruto has said Kenya is keen to widen and deepen its trade relations with Rwanda as part of…
U.S to advance Kenya with Ksh.1.3 billion for weather station expansion
April 4, 2023
U.S to advance Kenya with Ksh.1.3 billion for weather station expansion
The United States government has committed to helping Sub-Saharan African countries expand their weather station network. The commitment includes a…
Annual inflation in Kenya holds steady in March at 9.2%
April 4, 2023
Annual inflation in Kenya holds steady in March at 9.2%
Commodity prices continue to drain the pockets of Kenyans. The Kenya National Bureau of Statistics unveiled Friday (Mar. 31) the…
Family Bank shareholders to earn Ksh.0.62 dividend as 2022 FY results grow to Ksh.3.7bn
March 31, 2023
Family Bank shareholders to earn Ksh.0.62 dividend as 2022 FY results grow to Ksh.3.7bn
Family Bank Group has recorded a Ksh.3.7 billion Profit Before Tax for the full year ended December 31, 2022, a…
Bill & Melinda Gates to spend Ksh.7.9 billion for digital economy drive among African Women
March 30, 2023
Bill & Melinda Gates to spend Ksh.7.9 billion for digital economy drive among African Women
Bill and Melinda Gates is expected to spend Ksh.7.9 billion ($60 million) to help drive the digital economy among African…
Reasons why Warren Buffet hasn’t changed mind about Bitcoin
March 29, 2023
Reasons why Warren Buffet hasn’t changed mind about Bitcoin
Thrill-seekers and earnest crypto fans have spent the last few years watching the alternative investment rise and fall – sometimes…