Kenya NSE banks’ deposits expense rises 54p as rate hits 1998 level Kenyan banks listed on the Nairobi Securities Exchange (NSE) paid depositors Sh117.1 billion in the six months ended June 2024...

Kenya State reduces cut on sugarcane prices amid farmers’ boycott threats The State has now set the national average price of sugarcane delivered to millers at KSh5,000 per tonne for August, walking...

Kenya Kenya’s new food tax risks trade spat with Tanzania A new food import levy imposed by Kenya’s crops regulator risks triggering a fresh standoff between Kenya and Tanzania amid protests b...

  Kenya Centum buys UK fund’s 37.5% stake in Akiira Geothermal Centum Investment Company has bought out a UK renewable energy fund from Akiira Geothermal Limited, doubling its stake to 75% ...

  Kenya 9 in 10 Kenyans Oppose Tax Hike on Petroleum Products – Survey A survey in which 2,400 Kenyans were interviewed found that only three out of 10 support raising tax revenues to reduce go...

  Kenya   Absa, Old Mutual launch new insurance for SMEs  Absa Bank Kenya and Old Mutual Kenya have launched a joint insurance product targeted at Small and Medium Enterprises (SMEs). The prod...

  Kenya Nairobi slaps Uganda with fresh hurdle on fuel imports Kenya has thrown a fresh hurdle on Uganda’s direct fuel import scheme, doubling the bond fee for imported consignments destined fo...

Kenya Interbank Borrowing Rates dip to 6-month low Interbank lending rates have fallen to a six-month low of 12.922 per cent on reforms initiated by the Central Bank of Kenya (CBK), which are expected...

  Kenya Digital lenders reduce shaming after controls Harassment by digital lenders has been reduced by almost 75% courtesy of joint efforts by the Central Bank of Kenya (CBK) and the Digital Fin...

  Kenya  SEZ companies get Sh1.9bn tax incentives in nine years Firms operating in Kenya’s special economic zones (SEZ) were exempted from paying Sh1.98 billion in taxes and other levies in th...

   Kenya Wage bill lie: The policies and doublespeak stoking crisis A presidential task force in 2014 recommended at least 75 State corporations be abolished. Instead, 87 new parastatals have be...

Kenya Domestic borrowing up by Sh424bn The rate of State borrowing from the local market accelerated during the first nine months ended March, with fresh debt hitting Ksh424.7 billion compared to Ksh2...