Business
Private Sector at crossroads as govt borrows Ksh.213.4 billion within week
June 21, 2023
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]
June 15, 2023
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]
June 15, 2023
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
June 13, 2023
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
June 13, 2023
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
June 6, 2023
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
June 2, 2023
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
June 2, 2023
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
June 1, 2023
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
May 31, 2023
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…