Business
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…
CAS positions created lawfully – court rules
February 16, 2023
CAS positions created lawfully – court rules
The Employment and Labour Relations Court has thrown out a case challenging the provision of the Chief Administrative Secretary (CAS)…
President Ruto officially opens AAR Hospital – Kiambu Road
February 15, 2023
President Ruto officially opens AAR Hospital – Kiambu Road
The Government will refine and repackage incentives to attract more healthcare providers in the country. President William Samoei Ruto said…
Kenya defaults on Ksh.57.7 billion KQ loan
February 15, 2023
Kenya defaults on Ksh.57.7 billion KQ loan
Kenya has been issued a default notice over failure to repay Ksh.57.7 billion. The notice was issued by the United…
U.S. to sell 26 million barrels of crude oil from reserve
February 14, 2023
U.S. to sell 26 million barrels of crude oil from reserve
The United States is selling 26 million barrels of crude oil from the Strategic Petroleum Reserve, a release that had…