Business
Facts about Privatization Bill, 2023 as Ruto signs it into law
October 9, 2023
Facts about Privatization Bill, 2023 as Ruto signs it into law
President William Ruto has signed into law the Privatisation Bill, 2023, repealing the Privatisation Act, 2005 which was enacted before…
Dr. James Mwangi takes Ksh.202 million hit from Equity stake
October 9, 2023
Dr. James Mwangi takes Ksh.202 million hit from Equity stake
The share price of Equity Group on the Nairobi Securities Exchange (NSE) encountered a substantial decline, sliding by 6.98 percent.…
Nyandarua trailing in GCP as Meru emerges among top performers in Agriculture
October 9, 2023
Nyandarua trailing in GCP as Meru emerges among top performers in Agriculture
Counties with large commercial centres such as Nairobi, Kiambu, Mombasa, Nakuru and Machakos, had relatively high Gross County Product (GCP)…
M-Shwari deposits fall for first time in 10yrs
October 9, 2023
M-Shwari deposits fall for first time in 10yrs
M-Shwari deposits dropped by 44 percent to Ksh.416.7 billion in a year to March 2023. The platform had a whooping…
Why Telkom Has Lost 1.6 Million Subscribers
October 9, 2023
Why Telkom Has Lost 1.6 Million Subscribers
Telkom Kenya took the biggest hit regarding customer subscriptions amid a government crackdown on unregistered SIM cards. According to Data…
State opts for short-term bonds as shilling value dips 0.5% against Dollar in under a week
October 6, 2023
State opts for short-term bonds as shilling value dips 0.5% against Dollar in under a week
The Kenya Shilling has continued to shed its value against the US Dollar, having lost 0.58 percent in value for…
Ruto: No permit issuance to wheat, maize importers in Kenya
October 6, 2023
Ruto: No permit issuance to wheat, maize importers in Kenya
The ban on wheat and maize imports into Kenya has been informed by President William Ruto’s aim at protecting local…
Dangote’s net worth down 22% in ten months on rising interest rates
October 5, 2023
Dangote’s net worth down 22% in ten months on rising interest rates
Aliko Dangote’s net worth shrunk by 22 percent in ten months to October in 2023 even though he maintained the…
Oil Prices steady after Settling down more than $5
October 5, 2023
Oil Prices steady after Settling down more than $5
Oil prices were broadly steady on Thursday after the previous session’s big losses, as an uncertain demand outlook held off…
Higher oil spending likely to weaken Saudi’s stronger balance sheet
October 5, 2023
Higher oil spending likely to weaken Saudi’s stronger balance sheet
Rating firm Moody’s now thinks that higher spending that becomes inflexible through oil price cycles may weaken Saudi Arabia’s currently…