Business

Private Sector at crossroads as govt borrows Ksh.213.4 billion within week

Private Sector at crossroads as govt borrows Ksh.213.4 billion within week

Last week, the government borrowed a massive Ksh.213.4 billion in a seven-year bond, at 15.84%, setting tongues wrangling.Initially offered at…
President Ruto’s Ksh.3.6 trillion budget reading by CS Ndungu [LIVE]

President Ruto’s Ksh.3.6 trillion budget reading by CS Ndungu [LIVE]

The National Treasury has proposed a Ksh.3.6 trillion for the Financial Year 2023/2024 with a Ksh.700 billion deficit to be…
Finance Bill 2023 proposes to tax per diem for civil servants [Video]

Finance Bill 2023 proposes to tax per diem for civil servants [Video]

All employees in the public sector will be subjected to per diem tax, should the Finance Bill, 2023 be enacted…
ATI offloads Ksh.2. billion worth of shares to Japan’s Export Credit Agency

ATI offloads Ksh.2. billion worth of shares to Japan’s Export Credit Agency

Japan’s Export Credit Agency, Nippon Export and Investment Insurance (NEXI) is the newest shareholder of the African Trade Insurance Agency…
Housing Finance launches Ksh.1.4 billion housing project in Kiambu

Housing Finance launches Ksh.1.4 billion housing project in Kiambu

HF Group’s banking subsidiary HFC has partnered with Kigutha Farmers Limited to add value to the latter’s 58 acres parcel…
Farmers to receive dividend pay-out from KTDA, subsidiary earnings

Farmers to receive dividend pay-out from KTDA, subsidiary earnings

Smallholder farmers under KTDA management are set to receive a total of Ksh.584,853,000, being dividends payable to farmers through their…
CBK tables report on adoption of digital currency in Kenya

CBK tables report on adoption of digital currency in Kenya

A revolution in technology has been pushing for countries, globally to relook into their currency advancement, over the adoption of…
Kenya to spend over Ksh.39 billion to settle KQ debts

Kenya to spend over Ksh.39 billion to settle KQ debts

The Kenyan government will cough a whooping Ksh.17 billion as a debt guarantee for Kenya Airways.This is according to the…
AAR Insurance joins UN Global impact in commitment to sustainable business practices

AAR Insurance joins UN Global impact in commitment to sustainable business practices

AAR Insurance has become the latest underwriter in Kenya to subscribe to the United Nations Global Compact membership, to prioritise…
Kenya to receive Ksh.138 billion World Bank loan

Kenya to receive Ksh.138 billion World Bank loan

The World Bank has approved a Ksh.138 billion loan for Kenya as a budget support facility, just a week after…
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