Business

Govt releases Ksh.32 billion to counties

Govt releases Ksh.32 billion to counties

The National Government has released Ksh.32.761 billion to the 47 counties for the new financial year 2023/24.Counties are expected to…
What Kenya has achieved since govt-to-govt oil pact with UAE

What Kenya has achieved since govt-to-govt oil pact with UAE

Kenya has devised a number of ways to help stabilize the Kenya shilling against the hard currencies, especially the US…
Weaker Shilling shoots public debt to Ksh.680 billion in six months

Weaker Shilling shoots public debt to Ksh.680 billion in six months

The Office of the Controller of Budget says Kenya’s stock of US-denominated debt has led to Shilling volatility even further…
KUCCPS reopens placement of 13,000 diploma teachers

KUCCPS reopens placement of 13,000 diploma teachers

The online application for placement to diploma teacher training programmes has been reopened by the Kenya Universities and Colleges Central…
Why fuel consumption in Nigeria is dropping

Why fuel consumption in Nigeria is dropping

Daily petrol consumption in Nigeria has been dropping since the government scrapped a costly fuel subsidy that has cost the…
Kenyan Shilling’s Resilience Against US Dollar: How State is fighting to stabilise the currency

Kenyan Shilling’s Resilience Against US Dollar: How State is fighting to stabilise the currency

Since the new leadership at the Central Bank of Kenya (CBK), prudent monetary policies have been aligned to salvage the…
KRA Collects over Ksh.49 billion at JKIA

KRA Collects over Ksh.49 billion at JKIA

Kenya Revenue Authority(KRA) Customs and Border Control Department has registered a revenue collection growth of 10.12 percent at the Jomo…
Fitch Ratings downgrades Kenya’s Credit Rating to Negative

Fitch Ratings downgrades Kenya’s Credit Rating to Negative

Fitch Ratings has revised Kenya’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable and affirmed the IDR at…
ATIDI shareholders approve 2022 results, new 5-year strategic plan

ATIDI shareholders approve 2022 results, new 5-year strategic plan

Shareholders of African Trade and Investment Development Insurance (ATIDI), formerly known as the African Trade Insurance Agency – (ATI) approved…
The Politics and arithmetic during revenue allocation to Counties from National Treasury

The Politics and arithmetic during revenue allocation to Counties from National Treasury

Each financial year, the National Assembly enacts the Division of Revenue Act, (DORA). This is the Act that stipulates how…
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