CBK eyes Sh65 billion from reopened bonds
The Central Bank of Kenya is seeking to raise a total of Sh65 billion from a reopened two-year bond.
View ArticleImport duty cut to Sh2.5m per container after outcry
The government has reversed a decision to increase import duty from Sh2.5 million to Sh3 million.
View ArticleIconic Starbucks hotel shut down in alcohol crackdown
Five high-end hotels in Karatina town, Nyeri that had survived the ongoing crackdown on alcoholism were closed on Wednesday.
View ArticleWhy Jonathan Kinisu dims his light for his C-suite wife
Tetra Pak East Africa MD Jonathan Kinisu's wife is also a big shot, the CEO of Prudential Life Assurance.
View ArticleTreasury to spend Sh255 million on increasing pension coverage
The Treasury has lined up a series of reforms to the country’s retirement benefits policy.
View ArticleCash outside banks drop fastest in five years
Cash circulating outside banks dipped at the fastest rate since Kenya’s demonetisation phase.
View ArticleAfDB bans Chinese road builder for graft in Uganda
AfDB has debarred China Henan International Corporation Group (CHICO) for engaging in “fraudulent activity”.
View ArticleSmall investors take on wealthy firms in fight to lend to State
The share of the government’s domestic debt stock held by retail investors has nearly doubled to 12.42 percent.
View ArticleWhy no prize money for WRC winner Rovanpera
Kalle Rovanpera was awarded a wooden carving valued at Sh25,000 after winning the 2024 WRC Safari Rally.
View ArticleHow teacher colleges were saved from brink of closure
So bad was the situation in some colleges that tutors outnumbered trainees and resources were underutilised, leading to wastage.
View ArticleProposed law gives Senate power to vet CBK Governor nominee
A nominee for the position of Governor of CBK will be approved by both the National Assembly and the Senate
View ArticleCost of transport rises fastest on high fuel prices
The cost of transport has risen by the fastest rate among the 13 key categories of goods and services.
View ArticleSeven insurers in trouble over compensation delays
Feuds over delayed payments by insurance firms for car repairs have escalated to the CAK.
View ArticleAPA takes over police, prison officers' medical cover from CIC
APA Insurance is set to replace CIC Insurance as the lead insurer of medical scheme for police and prison officers.
View ArticlePrivate firms to import electricity for resale locally
Kenya will allow private firms that enter the electricity distribution market to import power from neighbouring countries.
View ArticleSaccos on the spot for blocking member exits, stalling refunds
Saccos are blocking members from exiting and clinging to their deposits against their will.
View ArticleWin for NSE as index provider lifts restrictions
NSE is set for a boost in foreign investor inflows after FTSE Russell Index lifted a restriction on the bourse.
View ArticleEx-IMF economist says Fund’s targets on Kenya unrealistic
Kenyans are choking on taxes over unrealistic revenue targets IMF is attaching to its loans to the country.
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