Business
KQ passenger isolated over fear of deadly coronavirus
January 28, 2020
KQ passenger isolated over fear of deadly coronavirus
A Kenya Airways passenger who arrived from Guangzhou with flu-like symptoms was isolated and taken to Kenyatta National Hospital (KNH)…
SBM Bank files petition to liquidate E.A Cables over Ksh285m loan
January 28, 2020
SBM Bank files petition to liquidate E.A Cables over Ksh285m loan
Listed electrical cables manufacturer, East African Cables risks closing its business after SBM Bank (Kenya) filed a petition in the…
CBK signals commercial banks to lower lending rates
January 28, 2020
CBK signals commercial banks to lower lending rates
Hope for cheaper loans to Kenyans received a further boost on Monday when Central Bank of Kenya’s (CBK) Monetary Policy…
Shilling could weaken if Treasury dumps external commercial loans – Report
January 22, 2020
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
January 22, 2020
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
January 22, 2020
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
January 21, 2020
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
January 21, 2020
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
January 21, 2020
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
January 20, 2020
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…