Business
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…
KPC Pledges Ksh.5 Million for Educational Advancement in Kiambu County
November 16, 2023
KPC Pledges Ksh.5 Million for Educational Advancement in Kiambu County
Kenya Pipeline Company has invested Ksh.5 million through its Foundation in constructing a science complex for over 420 students at…
Zoho Launches New App Targeting Accountants
November 16, 2023
Zoho Launches New App Targeting Accountants
Zoho has introduced Zoho Practice, an accountant-focused practice management solution, and enhanced the functionality of its Zoho Finance Platform with…
IMF Increases Kenya’s Loan Limit to Ksh.142.7 Billion
November 16, 2023
IMF Increases Kenya’s Loan Limit to Ksh.142.7 Billion
The International Monetary Fund (IMF) team and Kenyan authorities have agreed on the sixth evaluation of Kenya’s economic program under…
Investment Schemes Hit Ksh.175.97 Billion Led by CIC with Ksh.59.9 Billion Market Share
November 15, 2023
Investment Schemes Hit Ksh.175.97 Billion Led by CIC with Ksh.59.9 Billion Market Share
In the quarter ended June 2023, the Total Assets Under Management (AUM) by the Collective Investment Schemes (CISes) reached KShs.175.97…
Kenya’s IMF Funding Surges: A Look at the Country’s Growing Debt
November 15, 2023
Kenya’s IMF Funding Surges: A Look at the Country’s Growing Debt
Loans obtained from the International Monetary Fund (IMF) have increased threefold to Ksh.335.5 billion as of June this year from…
Onafriq: A New Era of Digital Payment Solutions in Africa [VIDEO]
November 14, 2023
Onafriq: A New Era of Digital Payment Solutions in Africa [VIDEO]
In this interview with Rachel Balsham, the Managing Director for Southern and East Africa at Onafriq, we explored the company’s…
Nairobi Gate Industrial Park: Pioneering Special Economic Zone in East Africa Boosts Business Efficiency
November 14, 2023
Nairobi Gate Industrial Park: Pioneering Special Economic Zone in East Africa Boosts Business Efficiency
Nairobi Gate Industrial Park has made a significant stride by launching the first Special Economic Zone (SEZ) in East Africa,…
How to Manage the Cost of Living – The Experts’ View
November 14, 2023
How to Manage the Cost of Living – The Experts’ View
When the National Dialogue Committee retreated to Elementaita a couple of weeks ago, there was heated debate on the cost…