Business

Coronavirus: Commercial Banks to renegotiate loan repayment with borrowers

Coronavirus: Commercial Banks to renegotiate loan repayment with borrowers

Central Bank of Kenya (CBK) Governor Dr. Patrick Njoroge on Wednesday announced that banks had taken measures to prevent the…
Kenya allows cargo vessels into Mombasa port despite lockdown

Kenya allows cargo vessels into Mombasa port despite lockdown

The government has allowed cargo vessels into Mombasa port, even after restricting foreign travel and closing all schools amid coronavirus…
Impact of Coronavirus on Kenya’s economy

Impact of Coronavirus on Kenya’s economy

By Nancy Marende | Coronavirus may have a 10.0 percent impact on Gross Domestic Product (GDP) in the event the…
Fed Reserves cut rates to a record low of 0.25 p.c

Fed Reserves cut rates to a record low of 0.25 p.c

The America Federal Reserve has cut rates for the second time in less than two weeks, in an unexpected move…
Coronavirus: Tuskys allays fears of commodity shortages and price hikes

Coronavirus: Tuskys allays fears of commodity shortages and price hikes

Tuskys Supermarket has allayed fears of an alleged shortage of products in its stores in the wake of panic shopping…
Kenyan shilling edged down on confirmed COVID-19 case

Kenyan shilling edged down on confirmed COVID-19 case

The Kenyan shilling edged down on Friday after the government confirmed the first case of coronavirus (COVID-19) At 12.52 pm,…
Markets plunge as Italy locks down to contain spread of COVID-19

Markets plunge as Italy locks down to contain spread of COVID-19

Financial markets around the world crashed Monday as the trading week opened with some of the heaviest falls since the…
Electronic business hit hard as coronavirus fears mount

Electronic business hit hard as coronavirus fears mount

By Daisy Okanga | The COVID-19 virus has caused a severe impact on global markets with the electronic business facing…
80 p.c of bank customers satisfied with industry’s service standards

80 p.c of bank customers satisfied with industry’s service standards

By Daisy Okanga | Most bank customers are satisfied with the quality of services being offered by the banking industry.…
Court suspends all flights from China to Kenya over Coronavirus

Court suspends all flights from China to Kenya over Coronavirus

By Daisy Okanga | A court in Nairobi has ordered an immediate suspension of all flights to Kenya from China.…
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