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More on Weekly Trade Round Up
30 Sep 2022
30th September 2022 Trade and Financial Services Round Up
Kenya CBK raises key lending rate to 8.25pc to curb runaway inflation The Central Bank Monetary Policy Committee has raised the base lending rate from to 7.5 per cent to 8.25 per cent, citing elevated...
23 Sep 2022
23 September Trade and Financial Services Round Up
Kenya Treasury asks MPs to unlock Sh39bn county allocations The National Treasury has asked the new Parliament to reintroduce and fast-track a Bill that will unlock Sh39 billion in additional allocati...
16 Sep 2022
16th September 2022 Trade and Financial Services Round Up
KENYA State saves Sh9.4 billion from scrapped fuel subsidy The Treasury will save an estimated Sh9.49 billion from the partial withdrawal of fuel subsidies that sent diesel and petrol prices to a hist...
2 Sep 2022
2nd September 2022 Trade & Financial Services Round Up
KENYA How budget chief plans to kill false unpaid bills The Controller of Budget (CoB) will not accept fresh payment requests from counties and entities of the national government for the year ended J...
26 Aug 2022
26th August 2022 Trade & Financial Services Round Up
KENYA NHIF drops bid to have top earners pay more monthly The National Hospital Insurance Fund (NHIF) has dropped its bid to have workers earning more than Sh100,000 pay more in monthly contributions,...
19 Aug 2022
19th August 2022 Trade & Financial Services Round Up
KENYA New President inherits half a trillion shillings of unpaid bills Kenya’s new President will inherit more than Sh500 billion owed to suppliers and contractors by ministries and State agencies i...
12 Aug 2022
12th August 2022 Trade & Financial Services Round Up
KENYA EABL’s Kisumu and Nairobi biomass plants almost ready East African Breweries Plc (EABL) is set to complete the setting up of its biomass-fired energy plants as it accelerates its shift to rene...
5 Aug 2022
5th August 2022 Trade & Financial Service Round Up
KENYA Deloitte fined for Sh2.1bn hidden hole in Chase Bank The capital markets regulator on Wednesday fined Deloitte after the audit firm failed to detect a non-existent Sh2.1 billion Chase Bank accou...
29 Jul 2022
29th July 2022 Trade & Financial Services Round Up
KENYA Kenya inks cheap power deal with Ethiopia Kenya on Tuesday officially signed a Power Purchase contract with Ethiopia for the purchase of cheap hydroelectric power even as Nairobi nears completin...
22 Jul 2022
22nd July 2022 Trade & Financial Services Round Up
KENYA Kenya disowns port deal promises made to Dubai Kenya has disowned promises of a July tender made to Dubai Port (DP) World that would have allowed the UAE-based firm to offer a bid for developmen...
15 Jul 2022
15th July 2022 Trade & Financial Services Round Up
KENYA Biden dumps Uhuru’s trade deal with Trump The Biden administration on Thursday launched a fresh strategic trade and investment partnership with Kenya, replacing an agreement ex-President Donal...
8 Jul 2022
8th July 2022 Trade & Financial Services Round Up
KENYA Safaricom Ethiopia to start operations next month The Safaricom-led consortium aims to start operations in Ethiopia next month but will stagger the rollout of the telecommunication services acro...
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