Business
Kenya floats Ksh.60 billion Bond in October for budgetary support
September 23, 2022
Kenya floats Ksh.60 billion Bond in October for budgetary support
The Central Bank of Kenya (CBK) has floated a 15-year and 25-year Treasury Bonds (domestic credit market) as it seeks…
KCB board okays proposed acquisition of 85% stake in DRC-based Trust Merchant Bank
September 23, 2022
KCB board okays proposed acquisition of 85% stake in DRC-based Trust Merchant Bank
Kenya Commercial Bank (KCB) stakeholders have rubber-stamped the proposed acquisition of majority stake of 85 percent in one of the…
What it means for Kenyan borrower as CBK begin issuing licences to mobile lenders
September 23, 2022
What it means for Kenyan borrower as CBK begin issuing licences to mobile lenders
Beginning September 17, 2022, it will be illegal for mobile lenders, legally identified as Digital Credit Providers (DCP) to make…
Ruto knows it all, says CBK Governor Njoroge after state phases out fuel subsidy
September 23, 2022
Ruto knows it all, says CBK Governor Njoroge after state phases out fuel subsidy
Kenya removed fuel subsidy from its programmes that was a common measure by former President, Uhuru Kenyatta to cushion vulnerable…
DP Gachagua flags off 426,000 bags of subsidised fertiliser to farmers
September 22, 2022
DP Gachagua flags off 426,000 bags of subsidised fertiliser to farmers
Deputy President Rigathi Gachagua flagged off a consignment of 426, 000 bags of subsidised fertiliser, coming 11 days after his…
Ruto makes move on CAS positions after court declared them unconstitutional
September 22, 2022
Ruto makes move on CAS positions after court declared them unconstitutional
The Public Service Commission (PSC) has been asked to establish the positions of Chief Administrative Secretary (CAS) under Kenyan law…
What interest rate hike in U.S means for Kenya as MPC prepares to meet – CBK Governor Njoroge explains
September 22, 2022
What interest rate hike in U.S means for Kenya as MPC prepares to meet – CBK Governor Njoroge explains
African countries including Kenya are experiencing serious levels of economic distress to maintain relationship in the financial markets like borrowing…
Plane crash-lands at Nairobi’s National Park
September 21, 2022
Plane crash-lands at Nairobi’s National Park
A plane crash-landed at the Nairobi National Park Wednesday afternoon after taking off from Wilson Airport. The accident was close…
Shelter Afrique approves Ksh.2.2 billion 5-year loan for housing projects in DRC
September 21, 2022
Shelter Afrique approves Ksh.2.2 billion 5-year loan for housing projects in DRC
Pan-African housing development financier Shelter Afrique Board has approved a Ksh.2.2 billion commercial loan to Katanga-based real estate development company,…
Inside Ruto’s 8 key duties in US as he holds first foreign assignment after inauguration
September 20, 2022
Inside Ruto’s 8 key duties in US as he holds first foreign assignment after inauguration
Dr. William Ruto is outside the country for his first foreign assignment with a number of scheduled state meetings, coming…