Business
Brace yourselves for high rice prices – warns a report
August 16, 2023
Brace yourselves for high rice prices – warns a report
Kenyans will witness a surge in rice prices in the coming weeks following a report by Fitch Rating released on…
UNDP lists issues informing poor credit rating in Africa
August 15, 2023
UNDP lists issues informing poor credit rating in Africa
Adjusting credit ratings that are inconsistent with countries' macroeconomic reality could also improve risk perception and lead to increased FDI…
M-Pesa increases daily transaction threshold to Ksh.500,000
August 14, 2023
M-Pesa increases daily transaction threshold to Ksh.500,000
he changes will take effect on August 15, 2023 and will provide “customers and especially small businesses with increased convenience…
EPRA retains fuel prices in August review
August 14, 2023
EPRA retains fuel prices in August review
The August and September review was expected hike and the state intervened through the subsidy programme.
Shilling value to US dollar down 0.4% in the past week
August 14, 2023
Shilling value to US dollar down 0.4% in the past week
For the past week, the Kenya Shilling depreciated by 0.4% against the US dollar to close the week at Ksh.143.6…
What the law says on borrowing among counties
August 11, 2023
What the law says on borrowing among counties
Article 212 of the constitution of Kenya states that a county government may borrow, but gives approving conditions among them…
Kenya unfairly paying Ksh.160 billion more on interests in sovereign bonds – report
August 11, 2023
Kenya unfairly paying Ksh.160 billion more on interests in sovereign bonds – report
The accelerated issuance of foreign currency-denominated debt has led to an increasing pace of sovereign credit rating assessments by the…
Saudi Aramco’s profit down 38% to Ksh.4.3 trillion in Q2
August 10, 2023
Saudi Aramco’s profit down 38% to Ksh.4.3 trillion in Q2
Oil firm Saudi Aramco announced its profits of Ksh.4.3 trillion (US$30.08 billion) for the second quarter, a sharp fall from…
Shelter Afrique roots for green buildings at Zambia stakeholders training
August 9, 2023
Shelter Afrique roots for green buildings at Zambia stakeholders training
Pan African housing development financier, Shelter Afrique, has implored stakeholders in the built environment to put more emphasis on addressing…
Explained: Milestones Michael Joseph, late Collymore achieved at Safaricom
August 9, 2023
Explained: Milestones Michael Joseph, late Collymore achieved at Safaricom
Safaricom remembered Michael Joseph together with the late Bob Collymore for their tremendous achievement. Safaricom’s Board said both executives oversaw…