Business
NCBA stocks up 1.5% on plan to open M-Shwari deals in DRC, Ethiopia & Ghana
December 6, 2022
NCBA stocks up 1.5% on plan to open M-Shwari deals in DRC, Ethiopia & Ghana
NCBA Group’s stocked climbed by 1.52 percent Tuesday to emerge among top five gainers on the Nairobi Securities Exchange (NSE).…
KQ resumes code share agreement with Royal Air Morac
December 6, 2022
KQ resumes code share agreement with Royal Air Morac
Kenya Airways (KQ) has summed a code share agreement with Royal Air Maroc (RAM) for passengers travelling from Marrakech and…
How ILO warning on global wages decline is severely pounding Kenyans on payroll
December 6, 2022
How ILO warning on global wages decline is severely pounding Kenyans on payroll
The global inflation crisis paired with roller coaster economic growth and an outlook clouded by uncertainties have led to a…
U.S. stocks fall amid concerns over further Fed policy tightening
December 6, 2022
U.S. stocks fall amid concerns over further Fed policy tightening
Wall Street’s major indexes dropped on Monday as better-than-expected U.S. economic data raised concerns that the Federal Reserve could continue…
CBK vacates waiver on mobile money wallets and bank transfers effective January
December 6, 2022
CBK vacates waiver on mobile money wallets and bank transfers effective January
The Central Bank of Kenya (CBK) has vacated a waiver on charges incurred by a customer during the transfer of…
Shelter Afrique eyes East Africa’s pension funds in Ksh.61 billion housing bond
December 6, 2022
Shelter Afrique eyes East Africa’s pension funds in Ksh.61 billion housing bond
Pan- African housing development financier – Shelter Afrique, is planning to tap into the East Africa’s capital markets and pension…
Lipa Later acquires SkyGarden to bridge merchant-customer gap
December 5, 2022
Lipa Later acquires SkyGarden to bridge merchant-customer gap
Lipa Later Group has acquired SkyGarden at an undisclosed fee. It comes weeks after SkyGarden raised Ksh.736 million with the…
Investors avoid Kenya’s 6-year bond to raise Ksh.52.9 billion
December 5, 2022
Investors avoid Kenya’s 6-year bond to raise Ksh.52.9 billion
Investors avoided Kenya’s auction of a 6-year Bond worth Ksh.87.8 billion, as the country walks a tight rope to meet…
Uncover raises Ksh.122.5 million to penetrate other African markets
December 5, 2022
Uncover raises Ksh.122.5 million to penetrate other African markets
Nairobi-based skincare firm, Uncover has raised Ksh.122.5 million in seed capital, which it will use to scale up its operations…
KRA to refund taxes paid by mistake; how to claim
December 5, 2022
KRA to refund taxes paid by mistake; how to claim
The Kenya Revenue Authority (KRA) has introduced a new menu on its iTax portal where taxes paid erroneously can be…