Business
Tanzania signs Ksh.3.5 trillion natural gas project with Shell for export
June 13, 2022
Tanzania signs Ksh.3.5 trillion natural gas project with Shell for export
Tanzania has signed a framework agreement with Norway’s Equinor and Britain’s Shell for the construction of a Ksh.3.5 trillion project…
U.S steps up efforts to deter Russia’s invasion of Ukraine as world stares at food crisis in years
June 10, 2022
U.S steps up efforts to deter Russia’s invasion of Ukraine as world stares at food crisis in years
The United States is stepping up efforts to deter Russia’s invasion of Ukrane three months on, a situation that has…
Inflation worries send global stock markets to two-week lows
June 10, 2022
Inflation worries send global stock markets to two-week lows
World stocks hit a two-week low on Friday as rate hike guidance from the European Central Bank and jitters over…
Govt to support Ksh.12 billion film industry to match international standards via digital technology
June 10, 2022
Govt to support Ksh.12 billion film industry to match international standards via digital technology
The Kenyan government has assured content creators of a continued commitment to supporting the film industry through relevant agencies to…
Reprieve for Meru farmers as Somalia lifts ban on Miraa import
June 10, 2022
Reprieve for Meru farmers as Somalia lifts ban on Miraa import
Somalia and Kenya have reached a deal to allow Miraa importation to the former after a two-year ban. It happens…
U.K, France direct investment in Africa hit a record Ksh.14.6 trillion
June 10, 2022
U.K, France direct investment in Africa hit a record Ksh.14.6 trillion
Foreign Direct Investment (FDI) to Africa surged to a record in 2021 with the United Kingdom (U.K) and France standing…
Kenya drops Ksh.124 billion Eurobond for syndicated loan
June 10, 2022
Kenya drops Ksh.124 billion Eurobond for syndicated loan
Kenya has cancelled the planned Ksh.124.3 billion Eurobond which was set for July and is instead going for a syndicated…
Kenyan MPs award themselves Ksh.5.8 million send-off package each after August poll
June 9, 2022
Kenyan MPs award themselves Ksh.5.8 million send-off package each after August poll
Kenya’s lawmakers, drawn from both the Senate and the National Assembly have hurriedly awarded themselves a hefty send-off package as…
Debt servicing to take up 66% of Kenyans’ Ksh.1.7 trillion in taxes
June 9, 2022
Debt servicing to take up 66% of Kenyans’ Ksh.1.7 trillion in taxes
Kenya’s public debt has ballooned to Ksh.8.4 trillion record high as President Uhuru Kenyatta prepares to vacate office in August,…
KNCCI, KDC partner to accelerate credit flow to SMEs
June 9, 2022
KNCCI, KDC partner to accelerate credit flow to SMEs
The Kenya Development Corporation (KDC) and the Kenya National Chamber of Commerce and Industry (KNCCI) have entered into a strategic…