Business

President Kenyatta, Tshisekedi sign treaty of association of DR Congo into EAC

President Kenyatta, Tshisekedi sign treaty of association of DR Congo into EAC

Presidents Uhuru Kenyatta and Felix Tshisekedi signed the treaty of accession of DR Congo into the East African Community (EAC)…
Elon Musk overtakes Jeff Bezos as richest man globally with Ksh. 25.3 trillion net worth

Elon Musk overtakes Jeff Bezos as richest man globally with Ksh. 25.3 trillion net worth

Elon Musk’s net worth hit Ksh. 25.3 trillion ($216 billion) to become world’s richest man according to Forbes. Musk owns …
Safaricom, Airtel and Telkom merge mobile money services through ‘Lipa Na M-Pesa’

Safaricom, Airtel and Telkom merge mobile money services through ‘Lipa Na M-Pesa’

Kenya’s mobile network operators Telkom, Safaricom, and Airtel have integrated their mobile money service platforms, allowing Kenyans to make mobile…
TSC allocated Ksh.2.5 billion for recruitment of teachers

TSC allocated Ksh.2.5 billion for recruitment of teachers

The Teachers Service Commission (TSC) has been allocated Ksh.2.5 billion for recruitment of teachers. This was revealed by National Treasury…
Fertilizer subsidy kitty allocated Ksh.2.7 billion of Ksh.3.3 trillion 2022/23 budget

Fertilizer subsidy kitty allocated Ksh.2.7 billion of Ksh.3.3 trillion 2022/23 budget

The Agricultural sector has remained to be the largest contributor to Kenya’s Gross Domestic Product (GDP), a sector President Uhuru…
Kenya’s debt financing up 50% of total expenditure during UhuRuto regime, nearing Ksh.9 trillion debt ceiling

Kenya’s debt financing up 50% of total expenditure during UhuRuto regime, nearing Ksh.9 trillion debt ceiling

Increased spending on debt payment has hurt Kenya’s thin revenues, squeezed funds available for development projects, and forced some State…
Kenya’s economy to grow by 6% in 2022

Kenya’s economy to grow by 6% in 2022

The Government has projected a growth of six percent for the fiscal year 2022/2023. This is against a backdrop of…
Key highlights in Ksh.3.3 trillion 2022/23 budget statement by CS Yatani

Key highlights in Ksh.3.3 trillion 2022/23 budget statement by CS Yatani

In what is seen as the last shot by President Uhuru Kenyatta before he vacates office, the 2022/2023 budget has…
KEBS puts Italian candy maker on notice over safety concerns

KEBS puts Italian candy maker on notice over safety concerns

Kenya Bureau of Standard (KEBS) has put Italian Candy Maker Ferrero which makes Kinder Joy chocolate on notice citing safety…
Oil marketers ordered to release fuel to rural areas

Oil marketers ordered to release fuel to rural areas

The Ministry of Petroleum directed big Oil Marketers Companies (OMC) to sell available stocks to independent dealers to ease a…
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