Business
Kenya shilling hits record low to 114.4 units against dollar
March 21, 2022
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
March 21, 2022
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
March 18, 2022
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
March 18, 2022
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
March 18, 2022
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
March 18, 2022
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
March 18, 2022
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
March 18, 2022
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
March 18, 2022
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
March 17, 2022
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…