Business
Kapchorua Tea Profit Up 27% to Ksh.399 Million
July 1, 2024
Kapchorua Tea Profit Up 27% to Ksh.399 Million
Kapchorua Tea’s year-on-year Profit after Tax (PAT) jumped to 27% to Ksh.399.4 million from Ksh.314.5 million in the financial year…
Kenya Seeks Ksh.50 Billion in July Treasury Bond for Budgetary Support
June 28, 2024
Kenya Seeks Ksh.50 Billion in July Treasury Bond for Budgetary Support
The Kenyan government has floated a Ksh.30 billion Treasury Bond for July to help support its 2024/25 budget. The ten-year…
7 More DCPs Meet CBK Requisite Measures to Operate in Kenya
June 27, 2024
7 More DCPs Meet CBK Requisite Measures to Operate in Kenya
The Central Bank of Kenya (CBK) has licensed an additional 7 Digital Credit Providers (DCPs), bringing the total number of…
Kenya Shilling Weakens Against Dollar as President Ruto Rescinds Finance Bill, 2024
June 27, 2024
Kenya Shilling Weakens Against Dollar as President Ruto Rescinds Finance Bill, 2024
The Kenya Shilling faced a slight devaluation against the US Dollar following President William Ruto’s decision to retract the controversial…
MPs Okay Deployment of Military Over Anti-Tax Protests
June 26, 2024
MPs Okay Deployment of Military Over Anti-Tax Protests
The National Assembly has okayed the deployment of Kenya Defense Forces (KDF) in Kenya to help police calm the outrageous…
KPC Foundation Enhances Healthcare Access for Nkuene Ward Residents With Ksh.6.5 Million Facility
June 24, 2024
KPC Foundation Enhances Healthcare Access for Nkuene Ward Residents With Ksh.6.5 Million Facility
Residents of Nkuene Ward in Meru County now have a reason to smile as they have gained easier access to…
Tala Eyes Other African Markets as It Marks 10th Anniversary [VIDEO]
June 21, 2024
Tala Eyes Other African Markets as It Marks 10th Anniversary [VIDEO]
Tala Kenya has announced plans to expand to the rest of East African regions as it seeks to grow its…
IFC’s Fintech Fund to Work with Metropol for Africa’s Creative Economy
June 21, 2024
IFC’s Fintech Fund to Work with Metropol for Africa’s Creative Economy
The International Finance Corporation (IFC) is spearheading the development of a high-tech/fintech fund dedicated to nurturing the African creative economy.…
Metropol CRB CEO Kipyakwai Applauds Tala’s Data-Driven Approach to Financial Inclusion on 10th Anniversary
June 20, 2024
Metropol CRB CEO Kipyakwai Applauds Tala’s Data-Driven Approach to Financial Inclusion on 10th Anniversary
The financial landscape has over the years evolved in Kenya, and at the forefront of this transformation is Tala. This…
U.S Companies Flee Nigeria, But Asian and Turkish Firms Are Stepping In
June 19, 2024
U.S Companies Flee Nigeria, But Asian and Turkish Firms Are Stepping In
As US and Europe-based multinationals exit Nigeria, Asian and local companies are stepping in to fill the void. Last week,…