Business

Inflation worries send global stock markets to two-week lows

Inflation worries send global stock markets to two-week lows

World stocks hit a two-week low on Friday as rate hike guidance from the European Central Bank and jitters over…
Govt to support Ksh.12 billion film industry to match international standards via digital technology

Govt to support Ksh.12 billion film industry to match international standards via digital technology

The Kenyan government has assured content creators of a continued commitment to supporting the film industry through relevant agencies to…
Reprieve for Meru farmers as Somalia lifts ban on Miraa import

Reprieve for Meru farmers as Somalia lifts ban on Miraa import

Somalia and Kenya have reached a deal to allow Miraa importation to the former after a two-year ban. It happens…
U.K, France direct investment in Africa hit a record Ksh.14.6 trillion

U.K, France direct investment in Africa hit a record Ksh.14.6 trillion

Foreign Direct Investment (FDI) to Africa surged to a record in 2021 with the United Kingdom (U.K) and France standing…
Kenya drops Ksh.124 billion Eurobond for syndicated loan

Kenya drops Ksh.124 billion Eurobond for syndicated loan

Kenya has cancelled the planned Ksh.124.3 billion Eurobond which was set for July and is instead going for a syndicated…
Kenyan MPs award themselves Ksh.5.8 million send-off package each after August poll

Kenyan MPs award themselves Ksh.5.8 million send-off package each after August poll

Kenya’s lawmakers, drawn from both the Senate and the National Assembly have hurriedly awarded themselves a hefty send-off package as…
Debt servicing to take up 66% of Kenyans’ Ksh.1.7 trillion in taxes

Debt servicing to take up 66% of Kenyans’ Ksh.1.7 trillion in taxes

Kenya’s public debt has ballooned to Ksh.8.4 trillion record high as President Uhuru Kenyatta prepares to vacate office in August,…
KNCCI, KDC partner to accelerate credit flow to SMEs

KNCCI, KDC partner to accelerate credit flow to SMEs

The Kenya Development Corporation (KDC) and the Kenya National Chamber of Commerce and Industry (KNCCI) have entered into a strategic…
Kenya Power to save Ksh.1 billion annually from World Bank’s funded Live Line Laboratory

Kenya Power to save Ksh.1 billion annually from World Bank’s funded Live Line Laboratory

Kenya Power has launched a Ksh.340 million live line laboratory which will see Kenyans saved from perennial power cuts due…
EU releases Ksh.50 million for 300 groundnut farmers in Busia, Siaya

EU releases Ksh.50 million for 300 groundnut farmers in Busia, Siaya

Groundnut farmers from three counties are set to benefit from a Ksh.50 million European Union (EU) support programme, that will…
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