Business
KTDA tea prices up 6.1% at Mombasa Tea Auction
August 9, 2021
KTDA tea prices up 6.1% at Mombasa Tea Auction
Prices of teas from KTDA-managed factories improved marginally at the Mombasa Tea Auction this week, selling at an average of…
Over Ksh.30 billion lost as PSVs resume carrying full capacity
August 9, 2021
Over Ksh.30 billion lost as PSVs resume carrying full capacity
The government has allowed Public Service Vehicles (PSV) to carry passengers at full capacity starting Monday. On August 6, transport Chief Administrative…
T-Bills undersubscribed in past week as 91-day paper reign supreme
August 9, 2021
T-Bills undersubscribed in past week as 91-day paper reign supreme
T-bills remained undersubscribed last week, with the overall subscription rate coming in at 99.8 percent, an increase from the 69.6…
CMA directs Cytonn Asset Managers to change name
August 6, 2021
CMA directs Cytonn Asset Managers to change name
The Capital Markets Authoritry (CMA) has directed Cytonn Asset Managers Limited, a licensed fund manager, to immediately halt signing-up new…
Xingyun Global enters Kenyan market with Ksh.65 billion investment plan
August 6, 2021
Xingyun Global enters Kenyan market with Ksh.65 billion investment plan
The onset of the coronavirus pandemic has not darkened the prospects of Kenya being an international business destination. Kenya plays…
How much KenGen generates from its hydropower
August 6, 2021
How much KenGen generates from its hydropower
Kenya Electricity Generating Company (KenGen) generates about 826 megawatts (MW) from its hydropower. It has vowed to remain consistent with…
KRA falls short of revenue target to collect Ksh.1.56 trillion
August 6, 2021
KRA falls short of revenue target to collect Ksh.1.56 trillion
The Kenya Revenue Authority (KRA) missed its annual tax target by Ksh.16.8 billion to collect Ksh.1.56 trillion in the year…
Oil drops towards Ksh.7,610.92 as virus concerns weigh
August 5, 2021
Oil drops towards Ksh.7,610.92 as virus concerns weigh
Oil prices have declined towards Ksh.7,610.92 (USD.70) a barrel as more countries imposed fresh movement restrictions to counter a surge…
Treasury CS Yatani warns of uncertain economic future as COVID rages on
August 5, 2021
Treasury CS Yatani warns of uncertain economic future as COVID rages on
Kenya’s road to economic recovery still hangs in the balance due to uncertainty around the COVID-19 virus, delays in vaccination…
Maasai Mara Conservancies get Ksh.600 COVID-19 mitigation funds
August 5, 2021
Maasai Mara Conservancies get Ksh.600 COVID-19 mitigation funds
Masai Mara Conservancies received a huge boost of Ksh.660 millions as COVID-19 mitigation funds to support their operations after the…