Business

KPLC receives Ksh.5 billion from part of World Bank’s loan facility

KPLC receives Ksh.5 billion from part of World Bank’s loan facility

Kenya Power and Lighting Company (KPLC) is set to boost its finances and the Last Mile Connectivity initiative from the…
The G7 countries to invest Ksh.8.62 trillion in Africa’s private sector

The G7 countries to invest Ksh.8.62 trillion in Africa’s private sector

As the leaders of the world’s wealthiest nations (G7 Group) wrapped up their first in-person summit Sunday since the outbreak…
The businesses Dr. Chris Kirubi owned

The businesses Dr. Chris Kirubi owned

The late Dr. Chris Kirubi was part of a class of very few Kenyans who founded and ran multi-billion shilling…
Petrol prices rise by Ksh.0.77, diesel, kerosene costs remain unchanged

Petrol prices rise by Ksh.0.77, diesel, kerosene costs remain unchanged

Petrol costs have risen by Ksh.0.77 cents a litre in the latest pump price review by the Energy and Petroleum…
AfDB launches a Ksh.49.9 billion Kangaroo Social Bond

AfDB launches a Ksh.49.9 billion Kangaroo Social Bond

The African Development Bank (AfDB) has launched a Ksh.49.9 billion 5.5-year Kangaroo bond, marking its return to the Australian Dollar(AUD)…
Dr. Chris Kirubi dies aged 80

Dr. Chris Kirubi dies aged 80

Businessman Dr. Chris Kirubi has died at the age of 80, his family has confirmed. Dr. Kirubi was a leading…
Four KAA managed airports achieve Airport Carbon Accreditation Level 1

Four KAA managed airports achieve Airport Carbon Accreditation Level 1

Jomo Kenyatta, Moi, Kisumu and Eldoret international Airports have joined the Airport Carbon Accreditation programme, achieving Level 1 “Mapping” accreditation,…
Kenya Shilling dips against US Dollar

Kenya Shilling dips against US Dollar

The Kenyan shilling depreciated against the United States dollar by 0.2 percent to close the week at Ksh.107.9, from Ksh.107.7…
Kenya cautioned over mounting debt levels

Kenya cautioned over mounting debt levels

Kenya has been cautioned over its rising debt levels as it pushes towards economic recovery. The Africa Development Bank (AfDB)…
Kenya’s economy to rebound to 6.6% in 2021

Kenya’s economy to rebound to 6.6% in 2021

The Kenyan economy is expected to rebound to 6.6 percent in 2021 through the government’s intent to better the microeconomic…
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