Business
US companies to consolidate investment ties with Kenya – says Whitman
October 3, 2022
US companies to consolidate investment ties with Kenya – says Whitman
The United States Companies operating in Kenya will work to consolidate trade and investment between the two nations on the…
U.N revises down economic growth to 2.5% in 2022
October 3, 2022
U.N revises down economic growth to 2.5% in 2022
The United Nations (U.N) has projected the global economy to grow between 2.5% and 2.8% in 2022. This is a…
CBK distances itself from Gachagua’s remarks over forex reserve shortage in Kenya
October 3, 2022
CBK distances itself from Gachagua’s remarks over forex reserve shortage in Kenya
The Central Bank of Kenya (CBK) took issue with remarks made by the Deputy President Rigathi Gachagua over foreign Exchange…
Forex reserves up 1.4% to Ksh.896.9 billion at September close
September 30, 2022
Forex reserves up 1.4% to Ksh.896.9 billion at September close
Kenya’s foreign exchange reserves (import cover) was kept at Ksh.896.9 billion at final week ending September 2022. The record cover…
Costly food prices push Kenya inflation at 10-year high of 9.2%
September 30, 2022
Costly food prices push Kenya inflation at 10-year high of 9.2%
Inflation in Kenya hit 9.2 percent all-time high in September owing to high cost of food and fuel. It is…
CBK pays Ksh.4 billion in dividend to consolidated account at Treasury
September 30, 2022
CBK pays Ksh.4 billion in dividend to consolidated account at Treasury
The Central Bank of Kenya (CBK) has paid in dividend, Ksh.4 billion to the Government Consolidated Fund (GCF) under the…
Top Siaya County officials stole Ksh.400 million weeks to General Election
September 30, 2022
Top Siaya County officials stole Ksh.400 million weeks to General Election
Top Siaya County government officials have been accused of presiding over the corruption syndicate which saw over Ksh.400 million stolen…
Kenya’s budget to drop 9% to Ksh.3.01 trillion as Ruto rethinks strategy to shrink debt
September 30, 2022
Kenya’s budget to drop 9% to Ksh.3.01 trillion as Ruto rethinks strategy to shrink debt
Kenya’s 2022/23 National Budget will drop by 9 percent to Ksh.3.01 trillion from the current Ksh.3.31 trillion as President William…
Kisii Governor Arati enters into health, agriculture deal with UK
September 30, 2022
Kisii Governor Arati enters into health, agriculture deal with UK
Kisii County government and the United Kingdom (UK) government have committed to fast-track the joint development programmes in the county.…
NMS hands over all its functions to Nairobi County
September 30, 2022
NMS hands over all its functions to Nairobi County
The Nairobi Metropolitan Service (NMS) has handed over all its functions back to the County Government of Nairobi. This followed…