Business

Treasury to Borrow Ksh.596.8 Billion to Finance Ksh.3.92 Trillion Budget

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

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

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

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

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

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

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

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

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

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…
Back to top button