Business
Investors avoid Sept Tap Sale to raise only Ksh.3.4bn of Ksh.15bn offered
September 29, 2023
Investors avoid Sept Tap Sale to raise only Ksh.3.4bn of Ksh.15bn offered
Investors heavily avoided the September Treasury Bond Tap Sale pointing to a lack of trust in the government to repay…
East Africa Growth Outlook the Best in Region with $450bn combined GDP
September 29, 2023
East Africa Growth Outlook the Best in Region with $450bn combined GDP
East Africa has a combined real GDP of about USD 450 billion, roughly 14.8% of Africa’s real GDP (Trading Economics…
Expect higher fuel prices as crude price edges $100 mark
September 28, 2023
Expect higher fuel prices as crude price edges $100 mark
Crude Oil prices edged closer to the $100 per barrel mark Thursday driven by stark cutbacks imposed by Saudi Arabia…
Kenya sets aside Ksh.8bn to ready 8 counties for El Nino
September 28, 2023
Kenya sets aside Ksh.8bn to ready 8 counties for El Nino
Kenya’s Deputy President Rigathi Gachagua convened Thursday an El Nino response and impact mitigation strategic meeting that brought together leadership…
AA Kenya Rolls out New Membership plan Targeting partnership with Insurance Companies
September 28, 2023
AA Kenya Rolls out New Membership plan Targeting partnership with Insurance Companies
AA Kenya has deepened its partnership with Insurance service providers to offer members an enhanced array of Membership propositions. With a…
Airbus nominates new Commercial Aircraft business CEO
September 28, 2023
Airbus nominates new Commercial Aircraft business CEO
Airbus has announced a leadership evolution in the Executive Committee, establishing a dedicated head at the helm of the Commercial…
Safaricom launches cloud services for business digitisation
September 28, 2023
Safaricom launches cloud services for business digitisation
Safaricom launched Wednesday a revamped in-country cloud computing platform and services, to help businesses and organisations digitise their operations, and offer flexibility…
Old Mutual Investment Group Calls on Trustees to Embrace Sustainable Investing
September 27, 2023
Old Mutual Investment Group Calls on Trustees to Embrace Sustainable Investing
Old Mutual Investment Group has urged trustees to Integrate Environmental, Social, and Governance (ESG) considerations in their investment decision-making processes…
US-based firm to earn US$.13.5 million in deal with Kenyatta-linked NCBA
September 27, 2023
US-based firm to earn US$.13.5 million in deal with Kenyatta-linked NCBA
American Insurance Group (AIG), the U.S.-based finance and insurance corporation has disclosed plans to liquidate the majority of its shares…
NCBA Group’s financial results in 2022
September 27, 2023
NCBA Group’s financial results in 2022
NCBA Group’s 2022 after-tax profit hit a record Ksh.13.78 billion ($93.4 million) from Ksh.10.22 billion ($69.3 million) in 2021.Profit before…