Business
Kenya to Decide on Future IMF Loans as Current Program Nears Expiry
September 27, 2024
Kenya to Decide on Future IMF Loans as Current Program Nears Expiry
Kenya will soon make a decision on the nature of its next International Monetary Fund (IMF) program once the current…
Pressure Mounts on Kenya’s Treasury on Rising Rates Against Domestic Borrowing
September 26, 2024
Pressure Mounts on Kenya’s Treasury on Rising Rates Against Domestic Borrowing
With domestic interest rates soaring to 17% and external loans shrinking, Kenya faces a tough challenge in securing affordable funding…
Why World’s Most Popular Vegetable Oil Is No Longer the Cheapest Â
September 26, 2024
Why World’s Most Popular Vegetable Oil Is No Longer the Cheapest Â
Palm oil is the world’s most consumed edible oil, produced by oil palms with high productivity per unit area compared…
Safaricom Co-operative Rebrands to New Look for Growth, Diversification
September 24, 2024
Safaricom Co-operative Rebrands to New Look for Growth, Diversification
Safaricom Investment Co-operative has officially rebranded to SIC Investment Co-operative as part of a strategic move for growth and diversification.…
Kenya Police Sacco Clinches Best Managed Sacco Award for Fourth Consecutive Year
September 24, 2024
Kenya Police Sacco Clinches Best Managed Sacco Award for Fourth Consecutive Year
The Kenya National Police DT Sacco has been feted as the Best Managed Sacco for the fourth consecutive year at…
Expert View: Pending Bills Slowing Kenya’s Economy
September 23, 2024
Expert View: Pending Bills Slowing Kenya’s Economy
The pending bills in all levels of government including the government agents have continued to soar to some uncontrollable levels…
Botswana Licences its First Manganese Mining Project
September 19, 2024
Botswana Licences its First Manganese Mining Project
Botswana has awarded Giyani Metals  a 15-year mining licence, the company announced on Wednesday, paving the way for it to become…
U.S Federal Reserve Lowers Interest Rate by 50 Basis Points; What it Means
September 19, 2024
U.S Federal Reserve Lowers Interest Rate by 50 Basis Points; What it Means
The US Federal Reserve (Fed) has reduced the interest rates by 50 basis points (bps), setting it between 4.75% and…
IMF’s $1 Billion Program Expires, Denying Uganda Final Payout
September 19, 2024
IMF’s $1 Billion Program Expires, Denying Uganda Final Payout
An International Monetary Fund (IMF) program for Uganda expired, denying the East African nation a final disbursement after it failed…
It Was Productive: Says IMF After Meeting Kenyan Team on Anti-Tax Protests
September 18, 2024
It Was Productive: Says IMF After Meeting Kenyan Team on Anti-Tax Protests
The International Monetary Fund (IMF) said on Tuesday it held productive discussions with the Kenyan government on its plans to…