Business

South Africa bans sale of alcohol over Easter period

South Africa bans sale of alcohol over Easter period

South Africa has tightened measures to curb the spread of COVID-19 as part of its level one lockdown restrictions. Addressing…
Kenya exports about Ksh.2.74 billion worth of goods to South Korea

Kenya exports about Ksh.2.74 billion worth of goods to South Korea

The Fresh Produce Consortium is proposing linking of exporters to markets in a bid to balance the trade deficit between…
Madagascar to receive Ksh.34.2 billion credit facility from IMF

Madagascar to receive Ksh.34.2 billion credit facility from IMF

By CGTN | The International Monetary Fund’s (IMF) executive board has approved a Ksh.34.2 billion ($312.4 million) extended credit facility…
Family Bank records a 1.3% growth in pre-tax profit to Ksh.1.44 billion

Family Bank records a 1.3% growth in pre-tax profit to Ksh.1.44 billion

Family Bank posted a 1.3 percent growth in its profit before tax for the full year ended December 2020 to…
CBK retains benchmark lending rate at 7%

CBK retains benchmark lending rate at 7%

The Central Bank of Kenya (CBK) has retained the Central Bank Rate (CBR) at 7 percent on the account that…
Massive losses as the Evergreen ship starts to move in Suez Canal

Massive losses as the Evergreen ship starts to move in Suez Canal

A huge container ship that has been wedged in the Suez Canal for almost a week started to move on…
Huduma Centres scale down operations due to COVID-19

Huduma Centres scale down operations due to COVID-19

Huduma Centres across the country have revised their operational hours following a Presidential address on Friday, March 26 to help…
Equity Bank reports 11% drop in net profit to Ksh.20.1 billion.

Equity Bank reports 11% drop in net profit to Ksh.20.1 billion.

Equity Bank reported an 11 percent drop in net profit for the year 2020 to Ksh.20.1 billion. The profit dip…
More than 750,000 candidates are sitting KCSE test

More than 750,000 candidates are sitting KCSE test

More than 750,000 candidates are sitting the Kenya Certificate of Secondary Education (KCSE) examination that has kicked off countrywide. The…
KEPSA proposes new containment measures to curb spread of COVID-19

KEPSA proposes new containment measures to curb spread of COVID-19

The Kenya Private Sector Alliance (KEPSA) now wants President Uhuru Kenyatta to institute additional stringent measures in order to contain…
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