Business
Absa Bank Invests Ksh.60 Million in the 2025 Magical Kenya Open
February 11, 2025
Absa Bank Invests Ksh.60 Million in the 2025 Magical Kenya Open
Absa Bank Kenya PLC has committed Ksh.60 million to sponsor the 2025 Magical Kenya Open (MKO). This sponsorship reinforces their…
Kenya’s GDP Slows Down in H2 2024 to 4.7%
February 11, 2025
Kenya’s GDP Slows Down in H2 2024 to 4.7%
Kenya’s economy slowed down in the second half of 2024, with GDP growth dropping to 4.7% from 5.6% in 2023,…
Win for Busia SMEs as County Disburses Ksh.111 Million for Affordable Credit
February 11, 2025
Win for Busia SMEs as County Disburses Ksh.111 Million for Affordable Credit
Busia County has disbursed Ksh.111 million to promote the growth of cooperatives and Small and Micro-Enterprises (SMEs). The funds will…
Kenya Ranked 121 Among Most Corrupt Countries Globally
February 11, 2025
Kenya Ranked 121 Among Most Corrupt Countries Globally
In 2024, the Sub-Saharan African region once again registered the lowest average score on the Corruption Perceptions Index (CPI), at…
Kenya’s Hotel Sector Expands on Surging Tourism, New Report Shows
February 10, 2025
Kenya’s Hotel Sector Expands on Surging Tourism, New Report Shows
Kenya’s hospitality sector saw a significant expansion in 2024, with the supply of new hotel rooms more than doubling alongside…
List of Top 10 Employers in Kenya in 2025
February 7, 2025
List of Top 10 Employers in Kenya in 2025
The Top Employer Institute has announced the best employers in Kenya for 2025, with Coca-Cola leading the list. The recognition…
CBK to Penalise Banks for Charging Kenyans High Interest Rates
February 7, 2025
CBK to Penalise Banks for Charging Kenyans High Interest Rates
The Central Bank of Kenya (CBK) has begun on-site inspections of commercial banks to ensure they comply with the Risk-Based…
Government Explores IPO for Kenya Pipeline at NSE
February 6, 2025
Government Explores IPO for Kenya Pipeline at NSE
The Kenyan government is considering listing the Kenya Pipeline Company (KPC) through an Initial Public Offering (IPO) on the Nairobi…
CBK Cuts Benchmark Lending Rate to 10.75
February 6, 2025
CBK Cuts Benchmark Lending Rate to 10.75
The Central Bank of Kenya (CBK) cut its benchmark lending rate by 50 basis points to 10.75 percent on Wednesday,…
Kenya Seeks New IMF Funding as April Programme Nears Conclusion
February 6, 2025
Kenya Seeks New IMF Funding as April Programme Nears Conclusion
Kenya has announced plans to secure a one-year financial assistance package from the International Monetary Fund (IMF), with negotiations already…