Business

Kenya shilling hits record low to 114.4 units against dollar

Kenya shilling hits record low to 114.4 units against dollar

The Kenyan shilling depreciated by 0.2 percent against the US dollar, to start the week at Ksh.114.4, partly attributable to…
List of fully approved coffee brokers in Kenya

List of fully approved coffee brokers in Kenya

The Coffee Exchange Regulations were gazetted by the Cabinet Secretary of the National Treasury and Planning on April 3, 2020.…
IMF approves Ksh.14.5 billion loan to Uganda

IMF approves Ksh.14.5 billion loan to Uganda

The International Monetary Fund is giving  Uganda an additional Ksh.14.5 billion as part of an Extended Credit Facility Arrangement. In…
NBK posts Ksh.1.1 billion net profit for full year ended December

NBK posts Ksh.1.1 billion net profit for full year ended December

National Bank of Kenya (NBK) has posted Ksh.1.1 billion net profit for the full-year ended December 31, 2021. The surge…
Centum Real Estate appoints Kenneth Mbae as new MD

Centum Real Estate appoints Kenneth Mbae as new MD

Centum Real Estate Limited (Centum RE) has appointed Kenneth Mbae as Managing Director effective March 17, 2022. Prior to this…
Ruai garbage power plant to cost over Ksh.20 billion

Ruai garbage power plant to cost over Ksh.20 billion

Kenya Electricity Generating Company, (KenGen) and Nairobi Metropolitan Service (NMS) have settled on building Ruai garbage power plant which will…
All boda riders to acquire digital plates in new directive

All boda riders to acquire digital plates in new directive

Governor Ann Kananu has announced biometric plates with outstanding colour codes for all Nairobi Boda Boda riders. This directive follows…
Kenya secures Ksh.86 billion from World Bank on conditions

Kenya secures Ksh.86 billion from World Bank on conditions

Kenya has received a new Ksh.86 billion loan from the World Bank to help the country recover from coronavirus ravages.…
Kenya takes over major SGR functions from Chinese firm

Kenya takes over major SGR functions from Chinese firm

A China-based firm that has been running major functions of Kenya’s Standard Gauge Railway (SGR) has surrendered some of them…
DP Ruto blames govt on high cost of living

DP Ruto blames govt on high cost of living

Deputy President William Ruto said the Kenya Kwanza Alliance will get the country back on track despite the current economic…
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