Business

List of Ruto’s latest appointees to various parastatals

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

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

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

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

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

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

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%

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

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

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…
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