Business
Kenya Shilling nears 127 mark against dollar after breaking 126 level Wednesday
February 24, 2023
Kenya Shilling nears 127 mark against dollar after breaking 126 level Wednesday
The Kenyan Shilling took the worst hit to trade at its weakest against the US dollar Friday, perhaps the worst…
Tanzania makes changes in Investment laws favouring foreign investors
February 23, 2023
Tanzania makes changes in Investment laws favouring foreign investors
The Tanzanian government made changes to its investment laws, heralding opportunities for foreigners seeking to invest in the country. In…
KCB Group sets up special team to collect Ksh.120 billion in bad loans
February 21, 2023
KCB Group sets up special team to collect Ksh.120 billion in bad loans
KCB Group chief executive Paul Russo has initiated a restructuring of the business to accelerate bad loans recovery and improve…
Kenya on boards World Bank to unlock affordable housing supply
February 20, 2023
Kenya on boards World Bank to unlock affordable housing supply
Kenya is engaging the World Bank to unlock housing supply to amplify President William Ruto’s housing agenda and to help…
Safaricom Society approves Ksh.176.9 million dividend on positive returns
February 20, 2023
Safaricom Society approves Ksh.176.9 million dividend on positive returns
Safaricom Investment Co-operative shareholders have approved a Ksh.176.9 million dividend payout at the 14th Annual General Meeting. This translates to…
Presidential Taskforce on Education recommends varsity fee hike to Ksh.52,000
February 20, 2023
Presidential Taskforce on Education recommends varsity fee hike to Ksh.52,000
The presidential working party on education has tabled its daunting recommendation on fees for universities across the country. The taskforce…
Kenya Shilling deeps 1.8% year-to-date on continued debt accumulation
February 20, 2023
Kenya Shilling deeps 1.8% year-to-date on continued debt accumulation
The Kenyan shilling has recorded a Year-to-date depreciation of 1.8 percent against the US Dollar due to continued pressure against…
National Bank enters deal with Mombasa for health, Wash project financing
February 20, 2023
National Bank enters deal with Mombasa for health, Wash project financing
The National Bank of Kenya (NBK) entered into a deal with the County government of Mombasa to provide financing for…
Energy transition, investment and regulations dominate talks at Mining Indaba 2023
February 17, 2023
Energy transition, investment and regulations dominate talks at Mining Indaba 2023
As Africa progresses towards its net zero emissions targets, it needs to transition from a fossil fuel-based energy system to…
President Ruto arrives in Addis Ababa, Ethiopia
February 17, 2023
President Ruto arrives in Addis Ababa, Ethiopia
President William Ruto arrives in Addis Ababa, Ethiopia, for bilateral talks with Prime Minister Abiy Ahmed and the launch of…