CBK seen holding rates on easing inflation, forex pain
CBK is widely expected to hold interest rates at its monetary policy committee meeting.
View ArticleConsumer pain as cooking gas prices up to record high
Cooking gas prices heated to an all-time high of Sh3,231.84 for the 13-kilogramme cylinder in March.
View ArticleCompetition watchdog edged out of dominance decisions
The Competition Authority of Kenya and the Communications Authority of Kenya have renewed their turf wars.
View ArticleWorld Bank cuts expected Kenya financing by Sh39bn
New funding to be approved on April 30 in a revised World Bank plan.
View ArticleEx-Rerec boss accused of using fake papers to land top job
Charged with securing the job using a forged certificate and receiving salary from public coffers.
View ArticleKenya to cut 2024/25 spending plan by 12pc
The nation's currency and shares have climbed after it successfully issued a new $1.5 billion Eurobond in February to finance the partial repurchase of another bond maturing in June.
View ArticleWhy doctors rejected Sh2.4bn State offer on hiring of interns
Doctors have rejected a government offer to call off strike.
View ArticleKWS puts up 13 tourist camps for lease in cash drive
The Kenya Wildlife Service (KWS) has put up 13 tourism camps for lease to private investors.
View ArticlePrices of imported used cars to drop on strong shilling
Prices of imported used cars are projected to drop by at least Sh100,000 from June.
View ArticleSHIF deductions fixed for July 1 in new U-turn
Kenyans will now pay 2.75 percent of their gross salaries to the SHIF from July 1.
View ArticleDebt service devours 84pc equivalent of tax revenue
The ratio of debt service to tax revenue in the eight months to February hit a new record of 84.4 percent.
View ArticleSingle account nightmare for banks as State starts audit
Treasury has launched an audit of the bank accounts held by national and county government entities.
View ArticleHow Victoria Courts heirs handled business transition
Victoria Courts, the Kenyan firm that is synonymous with high-end furniture, nearly fell into the trap that keeps many family businesses from surviving to the third generation.
View ArticleStronger shilling, softer inflation fail to lift business activities
Kenya’s private sector activity dropped in March.
View Article393 Nairobi County staff escape taxman's net
The employees earned a combined salary of Sh52.6 million without paying tax.
View ArticleBanks to fight for Sh50bn green fund
Banks will fight for a Sh50 billion World Bank-backed fund aimed at supporting SMEs investing in climate change mitigation.
View ArticleKenyan firms slow hiring, freeze salary increases
Kenyan firms have slowed down hiring of workers and frozen pay raises.
View ArticleState paid Sh28bn in six months to cushion buyers from high oil prices
The government paid oil marketing companies Sh27.84 billion in the six months to December 2023.
View ArticleBOSS TALK: Equity Group CEO on why Kenya has become attractive to foreign...
Equity Group's CEO James Mwangi speaks on the bank’s financial performance, expansion plans.
View ArticleKenya set for Sh131 billion new IMF financing June
Kenya is set for Sh131 billion in new financing from the IMF in June.
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