Business

CBK to hike benchmark lending rate on rising inflation

CBK to hike benchmark lending rate on rising inflation

The Central Bank of Kenya (CBK) is widely expected to lift its benchmark lending rate again when it holds its…
Treasury seeks to restructure Ksh57 billion KQ loan

Treasury seeks to restructure Ksh57 billion KQ loan

The National Treasury is seeking to restructure Ksh.57.4 billion worth of publicly guaranteed loans issued to national carrier Kenya Airways…
Uhuru directs maize millers to slash maize flour price by half

Uhuru directs maize millers to slash maize flour price by half

President Uhuru Kenyatta Tuesday directed all maize millers in the country to lower the cost of maize flour in the…
Tech solutions firm VasPro appreciates tennis star Angela, offers financial help

Tech solutions firm VasPro appreciates tennis star Angela, offers financial help

Tech solution firm Vaspro has today shown appreciation to tennis sensation Angela Okutoyi after she made history by becoming the…
Revealed: Martha Karua is worth Ksh.150 million

Revealed: Martha Karua is worth Ksh.150 million

Martha Karua has a net worth of Ksh.150 million. The Azimio presidential candidate made the revelation Tuesday during the deputy…
KRA moves to court blocking order to reopen Keroche

KRA moves to court blocking order to reopen Keroche

The Kenya Revenue Authority (KRA) moved to High Court to request a vacation of an order by the same court…
Kenya receives extra Ksh28 billion loan from IMF

Kenya receives extra Ksh28 billion loan from IMF

The International Monetary Fund (IMF) has approved the release of a Ksh.28 billion ($235.6 million) loan to Kenya. The new…
L’Oreal Professional Paris to partner with 1,000 professional stylists with the launch of natural haircare segment

L’Oreal Professional Paris to partner with 1,000 professional stylists with the launch of natural haircare segment

L’Oréal Professional Paris, has partnered with professional hair stylists in Kenya to officially release it’s newest range of natural hair…
Uganda’s central bank hikes interest rate to 8.5% to tame rising inflation

Uganda’s central bank hikes interest rate to 8.5% to tame rising inflation

The Bank of Uganda (BoU) is increasing the interest rate by one percentage point from 7.5 percent to 8.5 percent…
Nairobi County to pay lawyer Kipkorir Ksh.1.3 billion as compensation fee

Nairobi County to pay lawyer Kipkorir Ksh.1.3 billion as compensation fee

A court in Nairobi has ruled in favour of lawyer Donald Kipkorir over legal compensation fee following a court battle…
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