Business
UN boss Guterres faults wealthy nations for causing debt distress on Africans and must pay
March 8, 2023
UN boss Guterres faults wealthy nations for causing debt distress on Africans and must pay
The United Nations (UN) has faulted the developed economies around the world for causing debt distress in 25 Least Developed…
Moody’s reaffirms ATI A3 rating with a positive outlook
March 7, 2023
Moody’s reaffirms ATI A3 rating with a positive outlook
Moody’s Investors Service (“Moody’s”) has affirmed the A3 insurance financial strength rating (IFSR) of the African Trade Insurance Agency (ATI)…
Bumpy ride for importers as Kenya’s Forex reserves drop below EAC’s threshold
March 7, 2023
Bumpy ride for importers as Kenya’s Forex reserves drop below EAC’s threshold
Kenya’s Foreign Exchange Reserves dipped to its lowest starting March, falling below the East African Community’s (EAC) statutory threshold of…
KRA clarifies move to suspend tax reliefs
March 1, 2023
KRA clarifies move to suspend tax reliefs
The Kenya Revenue Authority (KRA) made a U-turn Wednesday on its decision to suspend tax relief following a public outcry.In…
Kenya’s inflation up in four months to 9.2%
March 1, 2023
Kenya’s inflation up in four months to 9.2%
The high cost of basic household commodities pushed Kenya’s inflation to 9.2 percent, according to the latest report by the…
General Motors cuts salaried staff after sluggish revenue results
March 1, 2023
General Motors cuts salaried staff after sluggish revenue results
General Motors (GM) is looking to save $2,000,000,000 in revenues, following its lackluster revenue performance in the latest results.In an…
Uranium price up to Ksh.6,300 per pound on increased nuclear power demand
March 1, 2023
Uranium price up to Ksh.6,300 per pound on increased nuclear power demand
Amidst the global energy crisis and the push towards achieving net-zero emissions, nuclear energy is experiencing a resurgence.Countries worldwide are…
CS Linturi rallies Pakistan to tap more into Kenya’s Ksh.65 billion agricultural products
February 28, 2023
CS Linturi rallies Pakistan to tap more into Kenya’s Ksh.65 billion agricultural products
Agriculture Cabinet Secretary Mithika Linturi toured Pakistan Monday and met with the Pakistan Federal Minister of Food Security and Research…
EFG Hermes Kenya launches digital end-to-end registration of new trading accounts
February 27, 2023
EFG Hermes Kenya launches digital end-to-end registration of new trading accounts
EFG Hermes Kenya, the leading brokerage firm in Kenya, has launched an all-new digital onboarding process for its online trading…
Superior Homes, NCTTCA enter into deal for roadside stations for truck drivers
February 27, 2023
Superior Homes, NCTTCA enter into deal for roadside stations for truck drivers
Superior Homes Kenya has entered into a partnership with the Northern Corridor Transit and Transport Coordination Authority (NCTTCA) to enhance…