Business
Factors to Consider Before Investing in a Holiday Home
June 7, 2024
Factors to Consider Before Investing in a Holiday Home
By Superior Homes Kenya Head of Sales, Clive Ndege In recent years, there has been a surge in self-catering holidays…
World Bank Maintains Kenya’s Growth Projection at 5% in 2024
June 5, 2024
World Bank Maintains Kenya’s Growth Projection at 5% in 2024
The World Bank has maintained its growth projection for Kenya’s economy in 2024 at 5.2%, consistent with its earlier estimates…
Brussels Airlines Returns to Kenya After 9-Year Hiatus
June 5, 2024
Brussels Airlines Returns to Kenya After 9-Year Hiatus
Brussels Airlines, Belgium’s flag carrier and the largest airline of Belgium has resumed flights into Nairobi, Kenya after a nine-year…
Bank of Uganda Retains Benchmark Rate at 10.25% after MPC Meeting
June 5, 2024
Bank of Uganda Retains Benchmark Rate at 10.25% after MPC Meeting
The Bank of Uganda (BoU) has retained its benchmark Rate (CBR) at 10.25 percent, marking the second consecutive monetary policy…
Kenya Secures $485 Million from South Korea for Konza Digital Media City
June 4, 2024
Kenya Secures $485 Million from South Korea for Konza Digital Media City
Kenya has secured $485 million (Ksh.63 billion) in concessional funding from South Korea’s – Korea Exim Bank and part of…
South Korea Pledges $24 Billion in Aid for Africa at Mega Summit
June 4, 2024
South Korea Pledges $24 Billion in Aid for Africa at Mega Summit
South Korea has announced a $10 billion aid package for Africa over the next six years, a deal which will…
Absa Pledges 10% in Lending in Green Projects for Africa’s Climate Transition
June 3, 2024
Absa Pledges 10% in Lending in Green Projects for Africa’s Climate Transition
Absa Bank has committed to expanding its lending to green projects and dedicating a minimum of 10 percent of its…
Kenya Re Dividends Up 50% on Strong Financial Performance
June 3, 2024
Kenya Re Dividends Up 50% on Strong Financial Performance
The board of Kenya Reinsurance Corporation (Kenya Re) has reported a 50% increase in dividend per share to Ksh.0.3 in…
Job Creation Top of Agenda As Ruto Tours South Korea
June 3, 2024
Job Creation Top of Agenda As Ruto Tours South Korea
Deputy President Rigathi Gachagua and other leaders bid farewell to President William Rutoas he departed for the Korea-Africa Summit in…
Shilling Ends May at 2.2% High Against Dollar to 130 Units
May 31, 2024
Shilling Ends May at 2.2% High Against Dollar to 130 Units
The Kenya Shilling has demonstrated resilience once again against the U.S. dollar and is retailing at 2.2% higher in the…