Business
Bitcoin abruptly tumbles as much as 9% to just over $26,000 late Thursday
August 18, 2023
Bitcoin abruptly tumbles as much as 9% to just over $26,000 late Thursday
Bitcoin slipped sharply on Thursday evening, tumbling by as much as 9 percent to just over $26,000.The cryptocurrency last traded…
Peter Njenga appointed KenGen Managing Director
August 17, 2023
Peter Njenga appointed KenGen Managing Director
Kenya Power General Manager in charge of Infrastructure Development – Eng. Peter Njenga, has been appointed the new Managing Director…
Kenya’s rice import value up Ksh.142.5bn in 5 years
August 17, 2023
Kenya’s rice import value up Ksh.142.5bn in 5 years
The volume of rice imported into Kenya has been on an upward trajectory for five years to 2022.In 2018 alone,…
Investors opt for reopened August Bonds as Treasury fetches Ksh.53bn
August 17, 2023
Investors opt for reopened August Bonds as Treasury fetches Ksh.53bn
Local investors in government securities heavily subscribed to the re-opened bond issues this month as Treasury taped a staggering Ksh.53…
How IMF is pushing Kenya’s company directors in fight against corruption
August 16, 2023
How IMF is pushing Kenya’s company directors in fight against corruption
The International Monetary Fund (IMF) is pushing the Kenyan government to have all directors and shareholders disclose their identity, in…
Brace yourselves for high rice prices – warns a report
August 16, 2023
Brace yourselves for high rice prices – warns a report
Kenyans will witness a surge in rice prices in the coming weeks following a report by Fitch Rating released on…
UNDP lists issues informing poor credit rating in Africa
August 15, 2023
UNDP lists issues informing poor credit rating in Africa
Adjusting credit ratings that are inconsistent with countries' macroeconomic reality could also improve risk perception and lead to increased FDI…
M-Pesa increases daily transaction threshold to Ksh.500,000
August 14, 2023
M-Pesa increases daily transaction threshold to Ksh.500,000
he changes will take effect on August 15, 2023 and will provide “customers and especially small businesses with increased convenience…
EPRA retains fuel prices in August review
August 14, 2023
EPRA retains fuel prices in August review
The August and September review was expected hike and the state intervened through the subsidy programme.
Shilling value to US dollar down 0.4% in the past week
August 14, 2023
Shilling value to US dollar down 0.4% in the past week
For the past week, the Kenya Shilling depreciated by 0.4% against the US dollar to close the week at Ksh.143.6…