Business
Kenyan shilling strengthens further against U.S dollar
April 1, 2021
Kenyan shilling strengthens further against U.S dollar
The Kenyan Shilling has strengthened further against the U.S Dollar amid subdued demand for the dollar. Inflation rate Year-on-year inflation…
2021 global trade recovery rests on vaccines; says WTO
April 1, 2021
2021 global trade recovery rests on vaccines; says WTO
By CGTN | Global trade is set to grow by eight percent in 2021, the World Trade Organization (WTO) said…
Government shuts down 12 petrol stations over non-compliance
April 1, 2021
Government shuts down 12 petrol stations over non-compliance
The government through Energy and Petroleum Regulatory Authority (EPRA) has shut down 12 fuel stations in the country over what…
Expect fuel prices to go high this month, says CS Munyes
April 1, 2021
Expect fuel prices to go high this month, says CS Munyes
The Energy and Petroleum Regulatory Authority (EPRA) was hard-pressed to explain why Kenya’s fuel prices are higher compared to her…
South Africa bans sale of alcohol over Easter period
April 1, 2021
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
March 31, 2021
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
March 30, 2021
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
March 30, 2021
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%
March 30, 2021
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
March 29, 2021
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…