Business
List of Ruto’s latest appointees to various parastatals
March 10, 2023
List of Ruto’s latest appointees to various parastatals
President William Ruto has made new appointments in various parastatals. They include the President’s trusted personnel who will help him…
Kenya could be heading the Zimbabwean way over currency crisis
March 9, 2023
Kenya could be heading the Zimbabwean way over currency crisis
Kenya is facing the worst currency crisis, a scenario last witnessed in 2012 even as the Central Bank of Kenya…
National Bank launches product to empower women in business
March 9, 2023
National Bank launches product to empower women in business
The National Bank of Kenya (NBK) has launched a new product in the market aimed at empowering women entrepreneurs in…
UN boss Guterres faults wealthy nations for causing debt distress on Africans and must pay
March 8, 2023
UN boss Guterres faults wealthy nations for causing debt distress on Africans and must pay
The United Nations (UN) has faulted the developed economies around the world for causing debt distress in 25 Least Developed…
Moody’s reaffirms ATI A3 rating with a positive outlook
March 7, 2023
Moody’s reaffirms ATI A3 rating with a positive outlook
Moody’s Investors Service (“Moody’s”) has affirmed the A3 insurance financial strength rating (IFSR) of the African Trade Insurance Agency (ATI)…
Bumpy ride for importers as Kenya’s Forex reserves drop below EAC’s threshold
March 7, 2023
Bumpy ride for importers as Kenya’s Forex reserves drop below EAC’s threshold
Kenya’s Foreign Exchange Reserves dipped to its lowest starting March, falling below the East African Community’s (EAC) statutory threshold of…
KRA clarifies move to suspend tax reliefs
March 1, 2023
KRA clarifies move to suspend tax reliefs
The Kenya Revenue Authority (KRA) made a U-turn Wednesday on its decision to suspend tax relief following a public outcry.…
Kenya’s inflation up in four months to 9.2%
March 1, 2023
Kenya’s inflation up in four months to 9.2%
The high cost of basic household commodities pushed Kenya’s inflation to 9.2 percent, according to the latest report by the…
General Motors cuts salaried staff after sluggish revenue results
March 1, 2023
General Motors cuts salaried staff after sluggish revenue results
General Motors (GM) is looking to save $2,000,000,000 in revenues, following its lackluster revenue performance in the latest results. In…
Uranium price up to Ksh.6,300 per pound on increased nuclear power demand
March 1, 2023
Uranium price up to Ksh.6,300 per pound on increased nuclear power demand
Amidst the global energy crisis and the push towards achieving net-zero emissions, nuclear energy is experiencing a resurgence. Countries worldwide…