Business

Kenya drops in ranking as most innovative state with Botswana taking lead

Kenya drops in ranking as most innovative state with Botswana taking lead

African states had much to show in the innovative world, at a time when the coronavirus was at its peak…
Kenya Shilling nears 127 mark against dollar after breaking 126 level Wednesday

Kenya Shilling nears 127 mark against dollar after breaking 126 level Wednesday

The Kenyan Shilling took the worst hit to trade at its weakest against the US dollar Friday, perhaps the worst…
Tanzania makes changes in Investment laws favouring foreign investors

Tanzania makes changes in Investment laws favouring foreign investors

The Tanzanian government made changes to its investment laws, heralding opportunities for foreigners seeking to invest in the country.In December…
KCB Group sets up special team to collect Ksh.120 billion in bad loans

KCB Group sets up special team to collect Ksh.120 billion in bad loans

KCB Group chief executive Paul Russo has initiated a restructuring of the business to accelerate bad loans recovery and improve…
Kenya on boards World Bank to unlock affordable housing supply

Kenya on boards World Bank to unlock affordable housing supply

Kenya is engaging the World Bank to unlock housing supply to amplify President William Ruto’s housing agenda and to help…
Safaricom Society approves Ksh.176.9 million dividend on positive returns

Safaricom Society approves Ksh.176.9 million dividend on positive returns

Safaricom Investment Co-operative shareholders have approved a Ksh.176.9 million dividend payout at the 14th Annual General Meeting.This translates to a…
Presidential Taskforce on Education recommends varsity fee hike to Ksh.52,000

Presidential Taskforce on Education recommends varsity fee hike to Ksh.52,000

The presidential working party on education has tabled its daunting recommendation on fees for universities across the country.The taskforce has…
Kenya Shilling deeps 1.8% year-to-date on continued debt accumulation

Kenya Shilling deeps 1.8% year-to-date on continued debt accumulation

The Kenyan shilling has recorded a Year-to-date depreciation of 1.8 percent against the US Dollar due to continued pressure against…
National Bank enters deal with Mombasa for health, Wash project financing

National Bank enters deal with Mombasa for health, Wash project financing

The National Bank of Kenya (NBK) entered into a deal with the County government of Mombasa to provide financing for…
Energy transition, investment and regulations dominate talks at Mining Indaba 2023

Energy transition, investment and regulations dominate talks at Mining Indaba 2023

As Africa progresses towards its net zero emissions targets, it needs to transition from a fossil fuel-based energy system to…
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