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More on Trade and Financial Services Round Up
30 Oct 2023
Trade and Financial Services Round-Up
Kenya Treasury cuts development, inflates budget by Sh187bn President William Ruto’s administration has cut development expenditure but increased its maiden budget by Sh187.3 billion i...
23 Oct 2023
Trade and Financial Services Round-Up
KENYA Foreign investors lower risk of Kenya defaulting on debt Overseas investors have lowered risk assessment on Kenya’s ability to repay its fast-rising external debts after the Central Bank of Ke...
16 Oct 2023
Trade and Financial Services Round-Up
KENYA CBK, investor standoff drives interest rates to 16-year high A standoff between investors and the Kenyan government over interest rates escalated this week after the sale of the Oc...
9 Oct 2023
Trade and Financial Services Round-Up
Kenya Emirati company gets majority stake in Telkom on Helios exit A United Arab Emirates (UAE)-based firm will take up a majority stake in Telkom Kenya from London’s Helios Investment Partners, mar...
3 Oct 2023
Trade and Financial Services Round-Up
KENYA Sugar Production Down 31% in Seven Months on Cane Shortage Output of sugar from local millers has dropped by nearly a third in seven months due to a shortage of cane, with the scarcity sh...
25 Sep 2023
Trade and Financial Services Round-Up
KENYA Shilling tipped to weaken further on low forex inflows Lower foreign exchange inflows and higher global interest rates are the key factors that will see the Kenyan shilling continue to lose grou...
18 Sep 2023
TRADE AND FINANCIAL SERVICES ROUND-UP
Kenya Loss-making companies to pay as State renews push for minimum tax The William Ruto administration has set sights on a share of revenue from loss-making companies after signalling a revival of mi...
11 Sep 2023
Trade and Financial Services Round-Up
Kenya Inside the multi-million dollar deals at the Nairobi climate summit Kenya and other African countries struck climate-related financing deals worth $23 billion (Sh3.36 trillion) at the just-ended...
28 Aug 2023
Trade and Financial Services Round-Up
KENYA State to legalise phone, email tapping in dirty cash fight Telephone calls and emails of Kenyans suspected to be dealing in money laundering and terrorism financing will be tapped ...
21 Aug 2023
Trade and Financial Services Round-Up
KENYA Miraa farmers pay the price of a slump in exports, cartels Alexander Mwenda, a Miraa farmer in Gaciongo, Igembe North chopped down his earlier treasured trees three weeks ago sparking upr...
31 Jul 2023
Trade and Financial Services Round-Up
KENYA Banks to access secret State database in dirty cash fight Financial institutions will soon be granted access to a State database on secret owners of companies to enable them to swiftly flag and ...
25 Jul 2023
Trade and Financial Services Round-Up
Kenya US guarded on Kenya trade deal past Agoa expiry The US is non-committal about when negotiations for a free trade deal with Kenya will be concluded despite Nairobi earlier saying the talks would ...
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