Business
Treasury to Borrow Ksh.596.8 Billion to Finance Ksh.3.92 Trillion Budget
June 14, 2024
Treasury to Borrow Ksh.596.8 Billion to Finance Ksh.3.92 Trillion Budget
Kenyan government has revealed its intention to borrow Ksh.263 billion from the domestic market as part of its strategy to…
Kenya’s Agriculture Sector Rebounds 7% in 2023
June 12, 2024
Kenya’s Agriculture Sector Rebounds 7% in 2023
Kenya’s agriculture sector experienced a 7.0% growth due to favorable weather conditions supported by an increase in both production and…
Shilling Drops Below 130 Mark Against Dollar Since April
June 11, 2024
Shilling Drops Below 130 Mark Against Dollar Since April
The Kenya Shilling retailed at 129.6 units against the greenback Tuesday – according to official figures from the Central Bank…
Kenya Sees Increased Lending to Private Sector at 13.9% Despite Hiked Rates
June 11, 2024
Kenya Sees Increased Lending to Private Sector at 13.9% Despite Hiked Rates
Kenya’s commercial banks saw a notable increase in credit to the private sector, which grew by 13.9% to reach Ksh..4,078.1…
Reasons Why IMF Has Slashed Kenya’s Funding Program to $976 Million
June 11, 2024
Reasons Why IMF Has Slashed Kenya’s Funding Program to $976 Million
Kenya’s International Monetary Fund (IMF) program has on Tuesday been reduced in size after the partial refinancing of a $2.0…
Report Reveals What CEOs Plan to Do Should Finance Bill 2024 Become Law
June 11, 2024
Report Reveals What CEOs Plan to Do Should Finance Bill 2024 Become Law
As the Finance Bill 2024 entered the final stage of public participation Monday, the Central Bank of Kenya (CBK) published…
Factors to Consider Before Investing in a Holiday Home
June 7, 2024
Factors to Consider Before Investing in a Holiday Home
By Superior Homes Kenya Head of Sales, Clive Ndege In recent years, there has been a surge in self-catering holidays…
World Bank Maintains Kenya’s Growth Projection at 5% in 2024
June 5, 2024
World Bank Maintains Kenya’s Growth Projection at 5% in 2024
The World Bank has maintained its growth projection for Kenya’s economy in 2024 at 5.2%, consistent with its earlier estimates…
Brussels Airlines Returns to Kenya After 9-Year Hiatus
June 5, 2024
Brussels Airlines Returns to Kenya After 9-Year Hiatus
Brussels Airlines, Belgium’s flag carrier and the largest airline of Belgium has resumed flights into Nairobi, Kenya after a nine-year…
Bank of Uganda Retains Benchmark Rate at 10.25% after MPC Meeting
June 5, 2024
Bank of Uganda Retains Benchmark Rate at 10.25% after MPC Meeting
The Bank of Uganda (BoU) has retained its benchmark Rate (CBR) at 10.25 percent, marking the second consecutive monetary policy…