Business

Ruto rallies Germans to invest in Kenya’s SMEs

Ruto rallies Germans to invest in Kenya’s SMEs

President William Ruto has invited German businessmen to invest in Kenya’s micro, small and medium-sized enterprises.He said Kenya stands to…
Ruto’s push to privatise parastatals linked to IMF conditions; Here’s how

Ruto’s push to privatise parastatals linked to IMF conditions; Here’s how

Privatization of State Owned Enterprises (SOEs) has often been recommended by multilateral lenders such as the International Monetary Fund (IMF)…
List of goodies Africa is to get from Russia as Putin seeks alternative against Western sanctions

List of goodies Africa is to get from Russia as Putin seeks alternative against Western sanctions

Russian President Vladimir Putin has aligned a number of goodies for African states, as he looks away from the West…
National Bank posts Ksh.828 million net profit for FY 2022

National Bank posts Ksh.828 million net profit for FY 2022

National Bank of Kenya has posted a profit after tax of Ksh.828 million for the financial year ending December 31,…
Kenya, Italy agree to remove non-tariff barriers for trade, investment

Kenya, Italy agree to remove non-tariff barriers for trade, investment

Both Kenya and Italy have agreed to negotiate on the avoidance of a double-taxation agreement that will usher in higher…
Court throws out lawsuit against Ksh.648.5bn oil project linking Tanzania, Uganda

Court throws out lawsuit against Ksh.648.5bn oil project linking Tanzania, Uganda

A court in France has thrown out a lawsuit filed against TotalEnergies by two French and four Ugandan groups over…
Kenya faces Ksh.259.3 billion debt maturity in June as yields on Eurobond record mixed performance

Kenya faces Ksh.259.3 billion debt maturity in June as yields on Eurobond record mixed performance

The yields on Eurobonds recorded a mixed performance in the week ended March 10, when performance on the 12-year Eurobond…
List of Ruto’s latest appointees to various parastatals

List of Ruto’s latest appointees to various parastatals

President William Ruto has made new appointments in various parastatals.They include the President’s trusted personnel who will help him propel…
Kenya could be heading the Zimbabwean way over currency crisis

Kenya could be heading the Zimbabwean way over currency crisis

Kenya is facing the worst currency crisis, a scenario last witnessed in 2012 even as the Central Bank of Kenya…
National Bank launches product to empower women in business

National Bank launches product to empower women in business

The National Bank of Kenya (NBK) has launched a new product in the market aimed at empowering women entrepreneurs in…
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