Business

Shilling could weaken if Treasury dumps external commercial loans – Report

Shilling could weaken if Treasury dumps external commercial loans – Report

Analysts at Genghis Capital have raised fresh concerns on the volatility of the shilling should the National Treasury’s plan to…
IMF: Kenya’s debt sustainability at stake over high interest rates

IMF: Kenya’s debt sustainability at stake over high interest rates

International Monetary Fund has said that Kenya uses almost half of its revenues collected to pay loans. The multilateral fund…
South African Airways cancels flights in fight for survival

South African Airways cancels flights in fight for survival

South African Airways (SAA) has cancelled some domestic flights between its Johannesburg hub and Cape Town and Durban, and some…
UK firm to invest Ksh3.94 billion for green cheap homes in Kenya

UK firm to invest Ksh3.94 billion for green cheap homes in Kenya

UK Climate Investment (UKCI) has revealed plans to invest Sh3.94 billion to finance the construction of cheap homes, largely boosting…
Prince Harry meets 21 African State heads in London

Prince Harry meets 21 African State heads in London

Britain’s Prince Harry attended the UK-Africa Investment Summit in London for 21 African countries hosted by Prime Minister Boris Johnson…
Kenya lists its first green bond on the London stock exchange

Kenya lists its first green bond on the London stock exchange

Kenya’s first-ever green bond was listed on the London Stock Exchange, becoming the first Kenyan shilling bond to be listed…
Diaspora remittance for December increased to Ksh25 bn

Diaspora remittance for December increased to Ksh25 bn

Monthly diaspora remittance inflows to Kenya increased to 25 billion shillings in December 2019 up from nearly Ksh22 billion in…
MultiChoice launches new campaign to boost viewing experience

MultiChoice launches new campaign to boost viewing experience

MultiChoice Kenya announced its new plans for its customers in the New Year with its campaign dubbed Step Up aimed…
Egypt, Ethiopia, Sudan to finalize Blue Nile dam agreement this month

Egypt, Ethiopia, Sudan to finalize Blue Nile dam agreement this month

Ministers from Egypt, Ethiopia and Sudan agreed on Wednesday to reconvene in the United States later this month to finalize…
Tullow suspends early oil pilot scheme over poor roads

Tullow suspends early oil pilot scheme over poor roads

Heavy rains have cast doubt on the expected second crude oil export by Kenya after Tullow Oil suspended trucking. A…
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