Business

Tea prices dip on poor demand

Tea prices dip on poor demand

Tea prices at the weekly Mombasa auction have dropped to a 14-month low, caused by reduced demand from key global…
KRA to reopen Keroche Breweries after week of closure

KRA to reopen Keroche Breweries after week of closure

The Kenya Revenue Authority (KRA) has signaled re-opening of Keroche Breweries one week after its doors were closed due to…
Cooking oil prices surge on intensified war between Russia, Ukraine

Cooking oil prices surge on intensified war between Russia, Ukraine

Manufacturers of cooking oil are now substituting the commodity with palm oil after Ukraine cut short its global supply due…
ICT ministry fails to account for Ksh.12 billion China loan

ICT ministry fails to account for Ksh.12 billion China loan

The Ministry of Information Communication and Technology (ICT) has failed to provide original documents to legitimise how it spent Ksh.12…
Ugandans, Tanzanians turn to Kenya for cheap fuel

Ugandans, Tanzanians turn to Kenya for cheap fuel

Ugandans, Rwandese and Tanzanians will soon be turning to Kenya for cheap fuel prices against the backdrop of continued war…
KBA endorses CBK move to reintroduce risk-based lending

KBA endorses CBK move to reintroduce risk-based lending

Some banks in Kenya are in final preparations to submit their documents to the Central Bank of Kenya (CBK) which…
IMF board, US approve Ksh.1.7 trillion loan for Ukraine

IMF board, US approve Ksh.1.7 trillion loan for Ukraine

The International Monetary Fund (IMF) board on Wednesday approved Ksh.160.5 billion (US$1.4 billion) in emergency financing for Ukraine to help…
Four investment vehicles that should align with your financial goals

Four investment vehicles that should align with your financial goals

An investment is an asset that has been acquired with the purpose of gaining profit. It involves putting down capital…
Kenyans using M-Pesa hit 30 million mark

Kenyans using M-Pesa hit 30 million mark

Safaricom’s M-Pesa has crossed 30 million customers using the service every month in Kenya. The milestone comes a few days…
KRA issue can’t make me sale my company, says Keroche boss Karanja

KRA issue can’t make me sale my company, says Keroche boss Karanja

Keroche Breweries Owner Tabitha Karanja has rejected any plans to sell the Naivasha-based brewer over Kenya Revenue Authority (KRA) move…
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