Business

Coffee regulator to on-board five CMA-licensed brokers, finally

Coffee regulator to on-board five CMA-licensed brokers, finally

The Capital Markets Authority (CMA) licensed coffee brokers will now be on-boarded by the coffee regulator in Kenya, ending a…
Global recession threat to see growth down 1.7% in 2023 – World Bank

Global recession threat to see growth down 1.7% in 2023 – World Bank

The global economy is projected to grow by 1.7% in 2023 and 2.7% in 2024, the World Bank has said.…
Parastatals presiding over Ksh.1.1 trillion stalled projects, says Treasury

Parastatals presiding over Ksh.1.1 trillion stalled projects, says Treasury

The National Treasury is now charming offensive against State Owned Enterprises (SOEs), better known as parastatals over their continued reliance…
Cytonn sues MP over defamation as it counts millions in losses

Cytonn sues MP over defamation as it counts millions in losses

Cytonn Investments Management PLC has run to court over defamatory remarks made against it, as it continues to count millions…
MPs retreat in Mombasa hit snag over CDF

MPs retreat in Mombasa hit snag over CDF

A Parliamentary retreat in Mombasa by Members of Parliament hit a snag Monday in what was seen as a protest…
State seeking Ksh.10 billion for budget support in Bond Market

State seeking Ksh.10 billion for budget support in Bond Market

The Kenyan government is seeking to raise an additional Ksh.10 billion for the budgetary support in the financial year 2022/23.…
Microsoft announces cut of 10,000 jobs

Microsoft announces cut of 10,000 jobs

Microsoft announced that it is cutting 10,000 jobs, less than 5 percent of its total workforce. The cuts were “in…
List of economic activities set for Ksh.39 billion Dongo Kundu SEZ project in Mombasa

List of economic activities set for Ksh.39 billion Dongo Kundu SEZ project in Mombasa

The Kenya Kwanza government has laid downs strategy to start construction work at the Dongo Kundu Special Economic Zone in…
Kenya Power beats stock giant Safaricom to move over 7 million shares

Kenya Power beats stock giant Safaricom to move over 7 million shares

Kenya Power and Lighting Company (KPLC) defied all odds to beat stock leader, Safaricom at the Nairobi Securities Exchange (NSE)…
Why SMEs should leverage credit rating

Why SMEs should leverage credit rating

Getting hold of a credit rating agency is essential for Small and Medium Enterprises (SMEs) considering the challenges they face…
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