Business
IMF downgrades Sub-Saharan economic growth to 3.3%
October 11, 2023
IMF downgrades Sub-Saharan economic growth to 3.3%
The International Monetary Fund (IMF) has downgraded Sub-Saharan Africa’s growth forecast, its World Economic Outlook report published Tuesday. Growth in…
Controlling the cost of living – an explainer
October 10, 2023
Controlling the cost of living – an explainer
In the battle to bring the cost of living [inflation] under control, there will be no quick fixes or magic…
Kenya Picks Two Banks to Manage its Maturing Ksh.296 bn Eurobond
October 9, 2023
Kenya Picks Two Banks to Manage its Maturing Ksh.296 bn Eurobond
Kenya’s National Treasury has picked Citi and Standard Group as managers in its June 2024 maturing $2 billion (Ksh.296 billion)…
Business confidence remains low in September
October 9, 2023
Business confidence remains low in September
Business confidence dropped marginally in September. 38.7% of Kenyan CEO surveyed see better business growth prospects over the next twelve…
Second quarter producer price index down to 11.3%
October 9, 2023
Second quarter producer price index down to 11.3%
The second quarter producer inflation was down to 11.37%, from 13.66% the previous quarter, and 16.26% in Q4, 2022. This…
Facts about Privatization Bill, 2023 as Ruto signs it into law
October 9, 2023
Facts about Privatization Bill, 2023 as Ruto signs it into law
President William Ruto has signed into law the Privatisation Bill, 2023, repealing the Privatisation Act, 2005 which was enacted before…
Dr. James Mwangi takes Ksh.202 million hit from Equity stake
October 9, 2023
Dr. James Mwangi takes Ksh.202 million hit from Equity stake
The share price of Equity Group on the Nairobi Securities Exchange (NSE) encountered a substantial decline, sliding by 6.98 percent.…
Nyandarua trailing in GCP as Meru emerges among top performers in Agriculture
October 9, 2023
Nyandarua trailing in GCP as Meru emerges among top performers in Agriculture
Counties with large commercial centres such as Nairobi, Kiambu, Mombasa, Nakuru and Machakos, had relatively high Gross County Product (GCP)…
M-Shwari deposits fall for first time in 10yrs
October 9, 2023
M-Shwari deposits fall for first time in 10yrs
M-Shwari deposits dropped by 44 percent to Ksh.416.7 billion in a year to March 2023. The platform had a whooping…
Why Telkom Has Lost 1.6 Million Subscribers
October 9, 2023
Why Telkom Has Lost 1.6 Million Subscribers
Telkom Kenya took the biggest hit regarding customer subscriptions amid a government crackdown on unregistered SIM cards. According to Data…