Business
Tourism revenue to grow by 75% to Ksh.256 billion in 2022 – Balala
October 5, 2022
Tourism revenue to grow by 75% to Ksh.256 billion in 2022 – Balala
Kenya projects to receive about 1.46 million tourists by close of the year following the ease of coronavirus restrictions. This,…
Ruto to launch Ksh.800 million Wakulima Market
October 5, 2022
Ruto to launch Ksh.800 million Wakulima Market
President William Ruto is set to commission the newly constructed Wakulima Market early November. The Ksh.800 million market is located…
Oil prices inch higher ahead of OPEC+ meeting to discuss supply cuts
October 5, 2022
Oil prices inch higher ahead of OPEC+ meeting to discuss supply cuts
Oil prices inched higher in early Asian trade on Tuesday, on expectations that OPEC+ may agree to a large cut…
Why Elon Musk has changed mind again on Ksh.5 trillion Tweeter deal
October 5, 2022
Why Elon Musk has changed mind again on Ksh.5 trillion Tweeter deal
Billionaire Elon Musk is proposing to go ahead with his original offer of Ksh.5 trillion ($44 billion) to take Twitter…
Metropol Corporation’s Credit Rating unit, a defining factor for companies creditworthiness
October 5, 2022
Metropol Corporation’s Credit Rating unit, a defining factor for companies creditworthiness
Kenya only has five credit rating agencies approved by the Capital Markets Authority (CMA) with Metropol Corporation being the only…
KCB, BasiGo ink deal for electric vehicle financing of up to 90%
October 4, 2022
KCB, BasiGo ink deal for electric vehicle financing of up to 90%
KCB Bank Kenya and BasiGo have entered into an electric vehicle financing deal which will see dealers in the Public…
IMF sets conditions before releasing low-cost loans for poor countries to deal with food crisis
October 3, 2022
IMF sets conditions before releasing low-cost loans for poor countries to deal with food crisis
Kenya is among countries that will benefit from a one-year funding programme dubbed Food Shock Window which the International Monetary…
US companies to consolidate investment ties with Kenya – says Whitman
October 3, 2022
US companies to consolidate investment ties with Kenya – says Whitman
The United States Companies operating in Kenya will work to consolidate trade and investment between the two nations on the…
U.N revises down economic growth to 2.5% in 2022
October 3, 2022
U.N revises down economic growth to 2.5% in 2022
The United Nations (U.N) has projected the global economy to grow between 2.5% and 2.8% in 2022. This is a…
CBK distances itself from Gachagua’s remarks over forex reserve shortage in Kenya
October 3, 2022
CBK distances itself from Gachagua’s remarks over forex reserve shortage in Kenya
The Central Bank of Kenya (CBK) took issue with remarks made by the Deputy President Rigathi Gachagua over foreign Exchange…