Business

Why fuel consumption in Nigeria is dropping

Why fuel consumption in Nigeria is dropping

Daily petrol consumption in Nigeria has been dropping since the government scrapped a costly fuel subsidy that has cost the…
Kenyan Shilling’s Resilience Against US Dollar: How State is fighting to stabilise the currency

Kenyan Shilling’s Resilience Against US Dollar: How State is fighting to stabilise the currency

Since the new leadership at the Central Bank of Kenya (CBK), prudent monetary policies have been aligned to salvage the…
KRA Collects over Ksh.49 billion at JKIA

KRA Collects over Ksh.49 billion at JKIA

Kenya Revenue Authority(KRA) Customs and Border Control Department has registered a revenue collection growth of 10.12 percent at the Jomo…
Fitch Ratings downgrades Kenya’s Credit Rating to Negative

Fitch Ratings downgrades Kenya’s Credit Rating to Negative

Fitch Ratings has revised Kenya’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable and affirmed the IDR at…
ATIDI shareholders approve 2022 results, new 5-year strategic plan

ATIDI shareholders approve 2022 results, new 5-year strategic plan

Shareholders of African Trade and Investment Development Insurance (ATIDI), formerly known as the African Trade Insurance Agency – (ATI) approved…
The Politics and arithmetic during revenue allocation to Counties from National Treasury

The Politics and arithmetic during revenue allocation to Counties from National Treasury

Each financial year, the National Assembly enacts the Division of Revenue Act, (DORA). This is the Act that stipulates how…
Explainer:What it means when finance act is suspended

Explainer:What it means when finance act is suspended

The notion that government business will come to a standstill because of the suspension of the finance act 2023, is…
Shelter Afrique eyes 10 more countries in membership drive

Shelter Afrique eyes 10 more countries in membership drive

Shelter Afrique is keen on onboarding the remaining 10 African countries that are not yet its members, the Pan–African housing…
State raises Ksh.52.1 billion from 5 & 10-year re-opened bond

State raises Ksh.52.1 billion from 5 & 10-year re-opened bond

Central Bank of Kenya (CBK) released the auction results for the newly issued bond FXD1/2023/05 with a tenor to maturity…
Iran to increase economic investment in Kenya tenfold

Iran to increase economic investment in Kenya tenfold

President Ebrahim Raisi of Iran announced plans to increase economic and business dealings with Kenya tenfold, adding that elevated cooperation…
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