Business
Kenya Shilling Up 2.1% to Record 139 Units Against Dollar
March 12, 2024
Kenya Shilling Up 2.1% to Record 139 Units Against Dollar
The US Dollar has lost its grip against the Kenya Shilling after it opened the week at 139 units low.…
Superior Homes to Build Ksh.14 Billion Property in Lukenya
March 11, 2024
Superior Homes to Build Ksh.14 Billion Property in Lukenya
Superior Homes has unveiled a Ksh.14 billion gated community in Lukenya, Machakos County. Spread across an expansive 172-acre, the development…
How KBA is Empowering MSMEs in Kenya: Impact Evaluation Survey Report2024
March 11, 2024
How KBA is Empowering MSMEs in Kenya: Impact Evaluation Survey Report2024
Micro, Small and Medium Enterprises (MSMEs) are the backbone of the Kenyan economy, contributing over 40% of GDP and employing…
Uganda Shilling Up 0.8% to 3,884 Per Dollar
March 7, 2024
Uganda Shilling Up 0.8% to 3,884 Per Dollar
Uganda’s shilling advanced the most in seven months in Kampala before an unscheduled meeting of the central bank’s monetary policy…
Saudi Aramco Eyes US LNG Plant in New Buyout Plan
March 7, 2024
Saudi Aramco Eyes US LNG Plant in New Buyout Plan
The US LNG market is anticipating new buyers from two oil giants in the Middle East -Saudi Aramco and ADNOC.…
Mobile Lenders in Kenya Now 51 After New Approvals
March 6, 2024
Mobile Lenders in Kenya Now 51 After New Approvals
The Central Bank of Kenya (CBK) has approved 19 new mobile lenders in Kenya, bringing the total number of licensed…
Stanbic Holdings Dividends up 21.8% After Record Net Profit in 2023
March 6, 2024
Stanbic Holdings Dividends up 21.8% After Record Net Profit in 2023
Stanbic Holdings has declared an impressive dividend payout, up 21.8% after record net profit in 2023 full year results. Shareholders…
Counties Receive Extra Ksh.46 Billion for Budget Support
March 4, 2024
Counties Receive Extra Ksh.46 Billion for Budget Support
County governments will receive an extra Ksh.46.3 billion to cater for their fiscal year 2023/24, sponsored by the County Government…
Navigating the Shifting Landscape of Startup Funding in Africa: Insights from Founders Factory Africa’s Pre-seed Podcast
March 4, 2024
Navigating the Shifting Landscape of Startup Funding in Africa: Insights from Founders Factory Africa’s Pre-seed Podcast
Industry experts delved into the nuances of funding in 2024 in a recent live episode of The African Pre-seed Podcast…
How Informal Sectors Will Use KRA’s Ectronic Tax Invoice System
March 4, 2024
How Informal Sectors Will Use KRA’s Ectronic Tax Invoice System
The Kenya Revenue Authority (KRA) has unveiled the Electronic Tax Invoice Management System (eTIMS) targeting businesses in the informal sector.…