Business
CBK raises benchmark lending rate to 7.5% over risks to inflation outlook
May 30, 2022
CBK raises benchmark lending rate to 7.5% over risks to inflation outlook
The Central Bank of Kenya (CBK) raised the benchmark lending to 7.5 percent for the first time since July 2015.…
MPs pursue Bill for integrity report “only” from job seekers upon shortlisting
May 30, 2022
MPs pursue Bill for integrity report “only” from job seekers upon shortlisting
Kenya’s Members of Parliament now seek amendments to the law that requires Kenyans seeking jobs to produce integrity report only…
EABL commissions Ksh.885 million micro-brewery in Nairobi’s Ruaraka
May 30, 2022
EABL commissions Ksh.885 million micro-brewery in Nairobi’s Ruaraka
East African Breweries (EABL) has commissioned the construction of a Ksh.885 million microbrewery at Ruaraka, Nairobi which will serve as…
Kenya’s market could lose confidence in forex effectiveness as shilling nears 117 mark
May 30, 2022
Kenya’s market could lose confidence in forex effectiveness as shilling nears 117 mark
The Kenyan Shilling has continued to weaken against US Dollar, with manufacturers raising concerns over the high cost of obtaining…
Supreme Court grants taxpayers leave to appeal withholding taxes on card fees
May 30, 2022
Supreme Court grants taxpayers leave to appeal withholding taxes on card fees
The Supreme Court of Kenya delivered a ruling on 19 May 2022 in Motion No. 15 of 2021 Barclays Bank…
Inside WPP Scangroup new boss Ithau’s plan to steer company to profitability
May 30, 2022
Inside WPP Scangroup new boss Ithau’s plan to steer company to profitability
WPP-Scangroup has outlined three strategic priorities including technological backed creative outputs, enhanced sub-Saharan footprint and collaborations to steer the group…
Nice & Lovely launches limited edition body lotion to keep girls in school
May 28, 2022
Nice & Lovely launches limited edition body lotion to keep girls in school
Kenya’s Number one body lotion, Nice & Lovely, has today announced a limited-edition lotion that is aimed at promoting girl-child…
Safaricom Co-operative allocates Ksh.750 million for housing units construction in Ruaka
May 27, 2022
Safaricom Co-operative allocates Ksh.750 million for housing units construction in Ruaka
Safaricom Investment Co-operative is set to begin the construction of a Ksh 750 million real estate project in Ruaka, Kiambu…
Outgoing KCB boss Oigara leaves bank’s 2022 Q1 profit at Ksh.9.9 billion, a 53% gain
May 27, 2022
Outgoing KCB boss Oigara leaves bank’s 2022 Q1 profit at Ksh.9.9 billion, a 53% gain
KCB Group’s net earnings grew by 53 percent to Ksh.9.9 billion in the first quarter ended March 31, 2022. This…
How Kenya’s banana farmers can meet high demand for commodity
May 27, 2022
How Kenya’s banana farmers can meet high demand for commodity
The potential of cooking banana (matoke) production has not been fully exploited except in parts of Nyanza where it is…