Business
Kenya Sets Aside Ksh.5.9 Billion to Boost Coffee Farming
January 11, 2024
Kenya Sets Aside Ksh.5.9 Billion to Boost Coffee Farming
The Kenyan government has earmarked Ksh.5.9 billion for the Coffee Cherry Advance Revolving Fund to revitalize the coffee industry and…
CBK Taps Ksh.25 Billion From Ksh.35 Billion Jan Auction
January 11, 2024
CBK Taps Ksh.25 Billion From Ksh.35 Billion Jan Auction
The Central Bank of Kenya (CBK) issued the results of the reopened three-year and five-year Treasury Bond Issue, which was…
Africa May Turn to China for Cheaper Loans amid High International Market Rates
January 11, 2024
Africa May Turn to China for Cheaper Loans amid High International Market Rates
Standard Chartered Plc said that China’s loans to Africa could increase for the first time since 2016, as it promises…
How the VAT hike on Fuel Affected Kenyan Economy in Q1 2023/24
January 11, 2024
How the VAT hike on Fuel Affected Kenyan Economy in Q1 2023/24
The Finance Act 2023, which came into effect on July 1, 2023, increased the Value Added Tax (VAT) on petroleum…
Kakuzi Raises Its Employees’ Salaries by 16%
January 10, 2024
Kakuzi Raises Its Employees’ Salaries by 16%
Workers at Kakuzi Plc are set to have a promising New Year following the successful negotiation of a Collective Bargaining…
Family Bank to Sponsors Over 300 Form 1 Students With Ksh.90 Million Full Scolarship
January 10, 2024
Family Bank to Sponsors Over 300 Form 1 Students With Ksh.90 Million Full Scolarship
The Family Group Foundation’s Tufuzu na Elimu programme is set to sponsor 352 bright students from vulnerable households, enabling them…
Octavia Carbon Secures Funding to Boost Carbon Capture Technology
January 9, 2024
Octavia Carbon Secures Funding to Boost Carbon Capture Technology
Octavia Carbon, a trailblazing firm in climate change solutions, has recently obtained substantial funding to enhance its Direct Air Capture…
World’s Top 6 Performing Economies To Come From Sub-Saharan Africa
January 9, 2024
World’s Top 6 Performing Economies To Come From Sub-Saharan Africa
Despite facing economic challenges this year, Africa is showing signs of hope, with some of its economies demonstrating promising growth.According…
Family Bank Extends Ksh.1.9 Billion Rights Issue For a Month
January 9, 2024
Family Bank Extends Ksh.1.9 Billion Rights Issue For a Month
Family Bank has extended its Ksh 1.9 billion Rights Issue until January 31, 2024, to give investors more time and…
Govt To Tax Club Bouncers, Private Security Firms
January 9, 2024
Govt To Tax Club Bouncers, Private Security Firms
The Private Security Regulatory Authority (PSRA) has initiated a comprehensive campaign aimed at ensuring compliance with taxation regulations for club…