Business
Kenya, U.K. to form joint committee to address recent travel restrictions
April 7, 2021
Kenya, U.K. to form joint committee to address recent travel restrictions
Kenya and the United Kingdom have agreed to set up a Joint Emergency Committee to address the recent reciprocal travel…
COVID-19 Third Wave beats down business growth to 9-month low
April 7, 2021
COVID-19 Third Wave beats down business growth to 9-month low
The pace of growth in business activity in Kenya during the month of March dropped to its lowest in nine…
Extension of suspension from trading KQ shares to stay for further 9 months
April 7, 2021
Extension of suspension from trading KQ shares to stay for further 9 months
The Nairobi Securities Exchange (NSE) has extended the suspension from trading the Kenya Airways (KQ) shares for a further nine…
Number of Kenyans who travelled to U.S to visit relatives dropped by 89% in 2020
April 6, 2021
Number of Kenyans who travelled to U.S to visit relatives dropped by 89% in 2020
The number of Kenyans who travelled to the United States of America (U.S.A) to visit their relatives dropped by 89…
LG to wind up smartphone business, completely withdraw from market
April 6, 2021
LG to wind up smartphone business, completely withdraw from market
LG Electronics, South Korea’s second-largest appliance firm after Samsung, is closing down its loss-making mobile phone business, after failing to…
IMF approves Ksh.255 billion loan for Kenya
April 6, 2021
IMF approves Ksh.255 billion loan for Kenya
The International Monetary Fund (IMF) has approved a 38-month loan program which will see Kenya receive a total of Ksh.255.1…
Taita Taveta County hands over Ksh.3.3 billion irrigation project to farmers
April 6, 2021
Taita Taveta County hands over Ksh.3.3 billion irrigation project to farmers
Taita Taveta County has handed over a multi-billion irrigation project to farmers in Nakuruto and Challa areas after its completion…
Oil down 5% as rising OPEC+, Iranian output weighs
April 6, 2021
Oil down 5% as rising OPEC+, Iranian output weighs
Oil fell by more than Ksh. 326.46 ($3) a barrel on Monday as rising supply from OPEC+ and higher Iranian…
US calls for global minimum corporate tax
April 6, 2021
US calls for global minimum corporate tax
The United States Treasury Secretary Janet Yellen called on other countries to join Washington in setting a global minimum corporate…
T-Bills remained undersubscribed in Q1 of 2021
April 6, 2021
T-Bills remained undersubscribed in Q1 of 2021
During the first quarter of 2021, T-bills were undersubscribed, with the overall subscription rate coming in at 94.1 percent, up…