Business
Key Items That Have Been Removed From Finance Bill, 2024
June 18, 2024
Key Items That Have Been Removed From Finance Bill, 2024
The Kenya Kwanza Parliamentary Group made adjustments to the Finance Bill for 2024/2025 at a media briefing on Tuesday morning,…
Finland Invests 12 Million Euros to Boost Trade Efficiency in Africa
June 18, 2024
Finland Invests 12 Million Euros to Boost Trade Efficiency in Africa
The Finnish Government has announced 12 million Euros to TradeMark Africa (TMA) to boost trade efficiency in Africa. This investment…
U.K Gives Kenya Ksh.82 Million for Green Infrastructure Projects
June 14, 2024
U.K Gives Kenya Ksh.82 Million for Green Infrastructure Projects
The United Kingdom has announced a Ksh.82 million cash for Kenya. The funds will go into green infrastructure projects –…
Fuel Prices in Kenya Drop Significantly in Latest EPRA Review
June 14, 2024
Fuel Prices in Kenya Drop Significantly in Latest EPRA Review
Kenyan motorists are set to enjoy reduced fuel prices following the latest review by the Energy Petroleum and Regulatory Authority…
Treasury to Borrow Ksh.596.8 Billion to Finance Ksh.3.92 Trillion Budget
June 14, 2024
Treasury to Borrow Ksh.596.8 Billion to Finance Ksh.3.92 Trillion Budget
Kenyan government has revealed its intention to borrow Ksh.263 billion from the domestic market as part of its strategy to…
Kenya’s Agriculture Sector Rebounds 7% in 2023
June 12, 2024
Kenya’s Agriculture Sector Rebounds 7% in 2023
Kenya’s agriculture sector experienced a 7.0% growth due to favorable weather conditions supported by an increase in both production and…
Shilling Drops Below 130 Mark Against Dollar Since April
June 11, 2024
Shilling Drops Below 130 Mark Against Dollar Since April
The Kenya Shilling retailed at 129.6 units against the greenback Tuesday – according to official figures from the Central Bank…
Kenya Sees Increased Lending to Private Sector at 13.9% Despite Hiked Rates
June 11, 2024
Kenya Sees Increased Lending to Private Sector at 13.9% Despite Hiked Rates
Kenya’s commercial banks saw a notable increase in credit to the private sector, which grew by 13.9% to reach Ksh..4,078.1…
Reasons Why IMF Has Slashed Kenya’s Funding Program to $976 Million
June 11, 2024
Reasons Why IMF Has Slashed Kenya’s Funding Program to $976 Million
Kenya’s International Monetary Fund (IMF) program has on Tuesday been reduced in size after the partial refinancing of a $2.0…
Report Reveals What CEOs Plan to Do Should Finance Bill 2024 Become Law
June 11, 2024
Report Reveals What CEOs Plan to Do Should Finance Bill 2024 Become Law
As the Finance Bill 2024 entered the final stage of public participation Monday, the Central Bank of Kenya (CBK) published…