Business

NCPB now seeks waiver on fertilizer subsidy loan worth Ksh4.5 billion

NCPB now seeks waiver on fertilizer subsidy loan worth Ksh4.5 billion

The National Cereals and Produce Board (NCPB) is now seeking for an interest rate waiver on a Ksh.4.5 billion loan…
60 % of households don’t have food to last a week

60 % of households don’t have food to last a week

By Vincent Odhiambo | The economic shockwaves of the coronavirus pandemic are still being felt across the country, since the…
World Bank appoints Makhtar Diop as MD, Vice President of IFC

World Bank appoints Makhtar Diop as MD, Vice President of IFC

The World Bank has appointed Makhtar Diop as the new Managing Director and Executive Vice President of the International Finance…
KQ suspension from NSE extended for further 6 months

KQ suspension from NSE extended for further 6 months

The new entity will further comprise a new Kenya Airports Authority (KAA) and the Aviation Investment Corporation.
Comparison of Coronavirus & SARS and their impact on Kenya’s economy

Comparison of Coronavirus & SARS and their impact on Kenya’s economy

The SARS virus, which also originated from China in the year 2003 has striking similarities to the new Coronavirus (COVID-19),…
Kenya Airways to operate domestically, cancels international flights

Kenya Airways to operate domestically, cancels international flights

Kenya Airways has suspended all of its international flights effective March 25. In a statement on Sunday, East Africa’s giant…
How Coronavirus has affected the Public transport sector since the outbreak

How Coronavirus has affected the Public transport sector since the outbreak

Travel to and throughout Kenya has rapidly dropped in recent days, driven by concerns about the spread of the novel…
CBK releases Ksh7.4 bn into government to help fight coronavirus

CBK releases Ksh7.4 bn into government to help fight coronavirus

The Central Bank of Kenya (CBK) Governor Dr. Patrick Njoroge has released Ksh7.4billion to the Government’s Consolidated Fund to support…
EABL to acquire 30 p.c shareholding in Serengeti breweries

EABL to acquire 30 p.c shareholding in Serengeti breweries

East African Breweries Limited (EABL) has issued a precautionary statement to its shareholders over its intentions to purchase 30 percent…
Traders warned against hiking commodity prices amid COVID-19 outbreak

Traders warned against hiking commodity prices amid COVID-19 outbreak

President Uhuru Kenyatta has warned traders against hiking prices of commodities, products and services in the wake of coronavirus outbreak.…
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