Half of private companies fail to disclose ownership
Regulator seeks powers to sanction over continued non-compliance with the disclosure rules.
View ArticleCompanies flouting ESG rules to miss IFC funding
"It’s not a trade-off. We will walk away from projects that have clients or sponsors that won’t commit to our ESG standards," IFC says.
View ArticleBAT starts rollout of nicotine pouches
BAT and government find a common ground on regulation of the commodity that is seen as an alternative to cigarettes.
View ArticleGoogle storage charges up 19pc for Kenyan users
The cost of obtaining more space for services like Google Drive, Gmail and Google Photos among others, is set to go up by Sh400.
View ArticleKenya-US trade talks to resume in February
Discussions scheduled for December failed to kick off.
View ArticleInterbank lending rate hits 5-month high
Data from the CBK reveals that the mean lending rate between banks stood at 14.3 percent on January 2, 2024, the highest since August 7.
View ArticleComing soon: Better dollar rates for firms
The introduction of the electronic platform is part of reforms that the CBK has been rolling out to improve the functioning of the forex market.
View ArticleScenarios: What will Kenya look like in 2040?
Economists and social scientists outline four scenarios that will be influenced by the actions the country takes today.
View ArticleEurobond: Kenya mulls going into uncharted waters
Eurobond issued in 2014 be maturing in June amid a tight global financial market.
View ArticleExports to Uganda surge in 10 months
The increase in Uganda’s share in Kenya’s earnings poses a concentration risk on Kenya’s export earnings should there be a fallout.
View ArticleCellulant names new acting CEO after sudden exit of Grover
Akshay Grover took up the leadership of the company on acting basis barely three months after joining Cellulant as CFO in January 2021
View ArticleBOSS TALK: How loss-making State firm turned a profit
Parmain ole Narikae, the managing director of Kenya Industrial Estates (KIE), has led the State entity as it ended a streak of losses.
View ArticleHorse syndication grows on Kenyans
Racing enthusiasts enter into co-ownership arrangements that entitle them to a share of winnings while supporting growth of the sport.
View ArticleNigeria mulls rejecting Kenyan varsity degrees
The flagging of Kenyan-issued papers inflicts more reputational injury on local educational standards in the eye of global employers.
View ArticleMore Kenyans working past 65 to keep off old age poverty
The number of Kenyans working as paid employees over 65 has more than tripled over the past 15 years from 10.3 percent in 2009.
View ArticleKenya’s Eurobonds cross Sh1trn mark
Kenya has six outstanding international sovereign bond issuances with maturities spread between 2024 and 2048.
View ArticleKenyan company directors face shake-up in CMA reforms plan
Proposed rules seek to tame conflict of interest in boardrooms.
View ArticleKQ now Africa’s most punctual airline
Of the 41,905 flights KQ made in 2023, the carrier made timely arrivals in more than 30,000.
View ArticleSauti Sol: From band to group of businesses
Popular Kenyan band built a wealth creation brand that looks set to last for generations even as they take an indefinite hiatus.
View ArticleTwiga Foods founder quits board after resigning as CEO
Twiga first made public the exit of Mr Njonjo on December 14 when it announced that its long-serving CEO had taken a six-month leave.
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