Business

Kenya shilling now 0.2 units shy to hit 115 level against US Dollar

Kenya shilling now 0.2 units shy to hit 115 level against US Dollar

The Kenyan shilling hit a record low Monday against US Dollar to exchange at Ksh.114.7 against US Dollar, with only…
Kenya launches first electric boda motorcycles

Kenya launches first electric boda motorcycles

eWAKA has launched electric motorbikes in response to Africa’s expanding transportation requirements through the introduction of electric options. The Vehicle…
President Kenyatta unveils Ksh.3 billion Microsoft Development project

President Kenyatta unveils Ksh.3 billion Microsoft Development project

President Uhuru Kenyatta unveiled the Ksh.3 billion Microsoft Africa Development Centre on March 24 during the launching in Nairobi. The…
National Treasury wants Ksh.70 billion from April bonds

National Treasury wants Ksh.70 billion from April bonds

The National Treasury is looking to acquire Ksh.70 billion from two bonds that are under the domestic credit market. The…
Apple mulls implementing subscription model for all iPhones

Apple mulls implementing subscription model for all iPhones

Apple users may start paying a monthly app fee to own their devices instead of buying them through the conventional…
Hostility to ensue in Parliament over fertilizer subsidy fund

Hostility to ensue in Parliament over fertilizer subsidy fund

President Uhuru Kenyatta has been put to task by Members of Parliament to necessitate the return of a Ksh.5.7 billion…
NCBA: Inside lender’s expansion plan in 2022

NCBA: Inside lender’s expansion plan in 2022

NCBA Group has outlined measures to grow its business within and outside Kenya after it posted a profit record for…
Absa trades over 2 million shares after a Ksh.3 billion investment at Tatu City

Absa trades over 2 million shares after a Ksh.3 billion investment at Tatu City

Absa Bank closed Thursday, March 24, 2022, when it moved  2, 465, 800 shares to emerge as the top mover…
NCBA to open 12 more branches in 2022

NCBA to open 12 more branches in 2022

NCBA Group has put in place plans to open 12 new branches across the country in 2022. According to the…
Natbank Trustee profit up 34% to Ksh.23.4 million

Natbank Trustee profit up 34% to Ksh.23.4 million

Natbank Trustee and Investment Services Limited (Natbank) net profit surged by 34 percent to Ksh.23.47 million for the full year…
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