Business
AfDB approves $10 Million investment in Kenya’s Dhamana Guarantee
November 22, 2023
AfDB approves $10 Million investment in Kenya’s Dhamana Guarantee
The African Development Bank Group (AfDB) has approved a $10 million equity investment in Dhamana Guarantee Company Limited to provide…
Over 300 Jobs Up for Grab at NSSF Across Kenya
November 21, 2023
Over 300 Jobs Up for Grab at NSSF Across Kenya
The National Social Security Fund (NSSF) has posted 336 job vacancies, seeking competent candidates to fill them.NHIF seeks competent candidates…
World Bank to Loan Kenya $12 Billion in Next Three Years
November 21, 2023
World Bank to Loan Kenya $12 Billion in Next Three Years
The World Bank has pledged to finance Kenya’s goal of becoming an upper-middle-income country by 2030, with up to $12…
CBK Offers Ksh.25 Billion Tap Sale with Unique Bidding Process
November 21, 2023
CBK Offers Ksh.25 Billion Tap Sale with Unique Bidding Process
The Central Bank of Kenya (CBK) has announced a Tap Sale of the Ksh.25 billion Treasury Bond that was initially…
Williamson Tea Kenya PLC announces Ksh.10 interim dividend after 76.4% profit surge
November 20, 2023
Williamson Tea Kenya PLC announces Ksh.10 interim dividend after 76.4% profit surge
Williamson Tea Kenya PLC has reported a substantial increase in profits, resulting in an interim dividend of Ksh.10 per share…
Analyzing the Kenyan Materials Industry: A Week of Ups and Downs
November 20, 2023
Analyzing the Kenyan Materials Industry: A Week of Ups and Downs
The Kenyan materials industry has experienced a roller coaster ride in the past week, with an overall increase of 6.1%.Bamburi…
Reasons Behind Co-Op Bank’s Stellar Performance in Q3 2023 Results
November 20, 2023
Reasons Behind Co-Op Bank’s Stellar Performance in Q3 2023 Results
Co-operative Bank Group, led by Kenyan businessman Gideon Muriuki, reported strong financial performance, exceeding $120 million in the first nine…
Tanzania Inaugurates Its Tea Auction to End Mombasa Tea Auction Dominance
November 20, 2023
Tanzania Inaugurates Its Tea Auction to End Mombasa Tea Auction Dominance
At the end of a five-year effort, Tanzania made history by holding its first-ever tea auction in Dar es Salaam.It…
The Kenyan Shilling: A Tale of Depreciation Amidst Rising Living Costs
November 20, 2023
The Kenyan Shilling: A Tale of Depreciation Amidst Rising Living Costs
The Kenyan Shilling has been on a downward trajectory against the US Dollar, depreciating by 0.5% to start the week…
CBK’s Treasury Bills Auction Surpasses Expectations to Tap Ksh.45.3 Billion
November 17, 2023
CBK’s Treasury Bills Auction Surpasses Expectations to Tap Ksh.45.3 Billion
The Central Bank of Kenya (CBK), the principal fiscal agent of the National Treasury, recently held an auction for Ksh.24…