Today is Thu, 21 Nov 2024
More on Economy
9 Dec 2022
Enter Fractional Share Ownership in Kenya: What you need to know about fractional investing
Fractional shareholding allows a person to purchase a piece, or a fraction of a share. For example, if one share costs KSh 500, a person could buy a proportion of that say for KSh 250 while another ...
2 Dec 2022
2nd December 2022 Trade and Financial Services Round Up
Kenya Equity’s takeover of Spire the best way out, says CBK Equity Bank’s plan to buy struggling Spire Bank is the best deal available in the market, the Central Bank of Kenya told Parliament ...
25 Nov 2022
25th Trade and Financial Services Round Up
Kenya Court stops law allowing workers to withdraw pension for home purchase A High Court has stopped the implementation of the Retirement Benefits (Mortgage Loans) (Amendment) Regulations, 2020 which...
18 Nov 2022
Banks to use Treasury bonds as loan collateral
As part of measures aimed at increasing industry liquidity and relieving the Central Bank of Kenya (CBK) from frequently having to bail out cash-strapped institutions, banks will soon be able to borro...
18 Nov 2022
e-governance: Paving the way to digital transformation
There are unique opportunities to use ICT for economic growth, productivity increase, and better service delivery. According to the International Cooperation Development 2019 report on Guideline...
11 Nov 2022
Can Kenya Airways salvage its position and revert to a profitable path?
Kenya Airways (KQ) woes came to head this week with its pilots going on strike and bringing to a halt the operations of one of the largest airlines on the continent. It was not just passengers getting...
4 Nov 2022
Ruto regime revamps housing project under Sanduku initiative to give Kenyans affordable houses
One of the fundamental social and economic rights is housing, which is established in our Constitution. During his inauguration as the fifth President of Kenya, Dr William Ruto, in his speech, outline...
23 Sep 2022
Inflation Adjustment explainer
What is Adjustment for Inflation? The Excise Duty Act and Miscellaneous Fees and Levies Act provides for the Commissioner-General of the Kenya Revenue Authority, by Gazette Notice, to adjust the speci...
12 Aug 2022
Highlights of the 2022 Kenya Financial Sector Stability Report
The Central Bank of Kenya (CBK) recently released the 2021 Financial Stability Report which discusses developments and risks in Kenya’s economy and financial sector in the post-Covid–19 pandemic r...
17 Jun 2022
Fears of an impending global recession rife as world economies experience financial disruptions
World leaders assembled in Davos, Switzerland, for the 2022 World Economic Forum annual meeting against a backdrop of deepening global friction and uncertainties. It is against this backdrop that worl...
13 May 2022
Economic Survey 2022: A look at ICT sector performance during and after the pandemic
The Kenya National Bureau of Statistics (KNBS) recently released the Economic Survey 2022, detailing how various sectors and job markets performed and offered insight into the post Covid-19 recovery. ...
8 Apr 2022
Treasury avoids tricky decision on long-term action on fuel
The good news from the Budget Statement was that fuel would be spared the proposed 10 per cent increase in Excise Duty that the Treasury has asked the National Assembly to impose on Kenyans when the F...
© 2024 Vellum. All Rights Reserved.