Business
Ghana seeks $4 billion from three lenders to shore up ailing economy
May 16, 2023
Ghana seeks $4 billion from three lenders to shore up ailing economy
Ghana is seeking credit facilities from three multilateral lenders – International Monetary Fund (IMF), World Bank and the African Development…
Equity Group’s 2023 Q1 profit up 10% to Ksh.16.9 billion
May 16, 2023
Equity Group’s 2023 Q1 profit up 10% to Ksh.16.9 billion
Equity Group Holding posted a 10 percent jump in pre-tax profit to Ksh.16.9 billion on a rising loan book in…
Equity Group receives approval for insurance business in Kenya
May 16, 2023
Equity Group receives approval for insurance business in Kenya
Equity Group Holding said on Monday it had received regulatory approval to set up a general insurance business in Kenya,…
Ruto’s Housing Fund headache and why it matters
May 15, 2023
Ruto’s Housing Fund headache and why it matters
Kenya’s urbanization rate stood at an average of 3.7% as of 2021, higher than the global average of 1.6%. Similarly,…
Investors avoid duration risk in T-Bills as subscription rate hits 110% to Ksh.19 billion
May 8, 2023
Investors avoid duration risk in T-Bills as subscription rate hits 110% to Ksh.19 billion
Based on market analysis for the past week, Treasury Bills were oversubscribed, with the overall subscription rate at 110.7%, up…
Key areas which IMF thinks Kenya has well prioritised for economic recovery
May 4, 2023
Key areas which IMF thinks Kenya has well prioritised for economic recovery
International Monetary Fund (IMF) Managing Director Kristalina Georgieva is in Kenya and met President William Ruto at State House in…
Ruto rushes to address Ksh.10bn worth of projects Kenya could lose for locking out japan
May 3, 2023
Ruto rushes to address Ksh.10bn worth of projects Kenya could lose for locking out japan
Kenya will address the double taxation problem facing projects funded by Japan’s Overseas Development Assistance (ODA). President William Ruto said…
HFC sets aside Ksh.4 billion for Jua Kali players under Kenya’s affordable Housing programme
April 26, 2023
HFC sets aside Ksh.4 billion for Jua Kali players under Kenya’s affordable Housing programme
HF Group, through its banking subsidiary HFC has entered into a partnership with the Jua Kali Contractors Federation of Kenya…
Nice & Lovely launches women product to reduce stretch marks
April 26, 2023
Nice & Lovely launches women product to reduce stretch marks
Nice & Lovely has launched their new Bio Body Oil to help women reduce the appearance of stretch marks at…
Kenya’s listed banks have a combined Ksh.6.5 trillion total assets with KCB taking lead
April 25, 2023
Kenya’s listed banks have a combined Ksh.6.5 trillion total assets with KCB taking lead
Kenya only has ten banks that are listed on the Nairobi Securities Exchange (NSE) out of a larger 42 lenders…