Business

Forex reserves up 1.4% to Ksh.896.9 billion at September close

Forex reserves up 1.4% to Ksh.896.9 billion at September close

Kenya’s foreign exchange reserves (import cover) was kept at Ksh.896.9 billion at final week ending September 2022. The record cover…
Costly food prices push Kenya inflation at 10-year high of 9.2%

Costly food prices push Kenya inflation at 10-year high of 9.2%

Inflation in Kenya hit 9.2 percent all-time high in September owing to high cost of food and fuel. It is…
CBK pays Ksh.4 billion in dividend to consolidated account at Treasury

CBK pays Ksh.4 billion in dividend to consolidated account at Treasury

The Central Bank of Kenya (CBK) has paid in dividend, Ksh.4 billion to the Government Consolidated Fund (GCF) under the…
Top Siaya County officials stole Ksh.400 million weeks to General Election

Top Siaya County officials stole Ksh.400 million weeks to General Election

Top Siaya County government officials have been accused of presiding over the corruption syndicate which saw over Ksh.400 million stolen…
Kenya’s budget to drop 9% to Ksh.3.01 trillion as Ruto rethinks strategy to shrink debt

Kenya’s budget to drop 9% to Ksh.3.01 trillion as Ruto rethinks strategy to shrink debt

Kenya’s 2022/23 National Budget will drop by 9 percent to Ksh.3.01 trillion from the current Ksh.3.31 trillion as President William…
Kisii Governor Arati enters into health, agriculture deal with UK

Kisii Governor Arati enters into health, agriculture deal with UK

Kisii County government and the United Kingdom (UK) government have committed to fast-track the joint development programmes in the county.…
NMS hands over all its functions to Nairobi County

NMS hands over all its functions to Nairobi County

The Nairobi Metropolitan Service (NMS) has handed over all its functions back to the County Government of Nairobi. This followed…
Prudential inks deal with Akili Kids on financial literacy among children

Prudential inks deal with Akili Kids on financial literacy among children

Prudential Plc through its community investment arm, Prudence Foundation, has partnered with the free-to-air Television station Akili Kids, to teach…
CMA signs deal with KDC to ease SME financial access in market

CMA signs deal with KDC to ease SME financial access in market

The Capital Market Authority (CMA) entered into a deal with the Kenya Development Corporation (KDC) in a bid ease the…
Profile of Prof. Ndungu, Kenya’s new Treasury CS

Profile of Prof. Ndungu, Kenya’s new Treasury CS

President William Ruto appointed his cabinet Tuesday which will help him deliver on Hustler narrative he pledged during campaign trail…
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