Business
Bitcoin drops by more than half as China intensifies crackdown
June 21, 2021
Bitcoin drops by more than half as China intensifies crackdown
Bitcoin took a nosedive as much as 9 percent Monday as recent volatility in the cryptocurrency market showed no signs…
T-Bills remained oversubscribed in the past week
June 21, 2021
T-Bills remained oversubscribed in the past week
Last week, T-bills remained oversubscribed, with the overall subscription rate coming in at 152.9 percent, a decline from the 181.8…
KRA announces new revenue collection system for Nairobi
June 21, 2021
KRA announces new revenue collection system for Nairobi
The Kenya Revenue Authority (KRA) has announced a new revenue collection platform for Nairobi City County. KRA says Nairobi revenue…
Kenyans to pay higher for electricity bill
June 20, 2021
Kenyans to pay higher for electricity bill
Kenyans face steeper electricity bills this month after upward adjustments to ‘non-constant’ tariffs by the Energy and Petroleum Regulatory Authority…
Banking sector to hold week-long Inua Biashara summit for MSMEs
June 18, 2021
Banking sector to hold week-long Inua Biashara summit for MSMEs
The Kenya banking industry under the umbrella of the Kenya Bankers Association (KBA) will host the second Inua Biashara Summit…
25 arrested as NEMA cracks down on plastic bags
June 18, 2021
25 arrested as NEMA cracks down on plastic bags
In 2017, Kenya moved to the forefront of the global war on single-use plastics when it outlawed the manufacturing, sale…
Big 4 Agenda’s Affordable Housing still on course
June 18, 2021
Big 4 Agenda’s Affordable Housing still on course
The government has allayed concerns that President Uhuru Kenyatta’s Housing pillar under the Big 4 Agenda is dead. Housing Principal…
Kenya raises over Ksh.107.8 billion Eurobond
June 18, 2021
Kenya raises over Ksh.107.8 billion Eurobond
Kenya has successfully raised Ksh.107.8 billion (USD$1 billion) from the international capital markets. The new Eurobond issue follows a three-day…
KenGen to join global carbon trade
June 18, 2021
KenGen to join global carbon trade
Kenya Electricity Generating Company (KenGen), has joined a United Nations-backed emissions-reduction program as it looks to begin a domestic carbon…
Kenya picks Citi, JP Morgan as lead managers for Dollar sovereign bond
June 16, 2021
Kenya picks Citi, JP Morgan as lead managers for Dollar sovereign bond
Kenya has picked JP Morgan and Citi as lead managers for its upcoming Ksh.107.7 billion (US$1.billion) Eurobond issue. According to…