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Privatization of State Owned Enterprises (SOEs) has often been recommended by multilateral lenders such as the International Monetary Fund (IMF) and World Bank as a strategy of fiscal enhancement. In the medium term, it is a way of raising capital while reducing huge subsidies
President William Ruto launched Hustler Fund on November 30, welcoming millions of Kenyans into a Ksh.50 billion kitty in its first phase which has a minimum loan limit of Ksh.500 and Ksh. 50,000 maximum. During the launch, the President backed the assigning of credit scores to
President William Ruto launched Hustler Fund on November 30, welcoming millions of Kenyans into a Ksh.50 billion kitty in its first phase which has a minimum loan limit of Ksh.500 and Ksh. 50,000 maximum. During the launch, the President backed the assigning of credit scores to
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The businesses Dr. Chris Kirubi owned
The late Dr. Chris Kirubi was part of a class of very few Kenyans who founded and ran multi-billion shilling businesses. A decade
Devki withdraws bid to lease Mumias Sugar Company
Devki Group of Companies has withdrawn its bid to lease Mumias Sugar Company, which is currently under receivership. In a statement, Dr. Narendra Raval, the Chairman
Mombasa LPG Import Terminal Receives Ksh. 2.5 billion loan from the IFC
Mombasa Gas Terminal, a company specialising in the importation, storage and marketing of liquefied petroleum gas (LPG), has received a loan from
Kenya Reinsurance Corporation records dip in full year profitability
Listed reinsurer, Kenya Reinsurance Corporation recorded a 7.2 percent dip in its full year profitability to KSh. 3.75 billion for the financial
Court of Appeal holds conference on BBI appeal
The Court of Appeal is holding a case management conference on four appeals challenging the recent nullification by the High Court of the Building