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More on Tag: Business
21 Jan 2022
21st January 2022 Trade & Financial Services Round Up
KENYA Banks risk Sh27bn as mortgage, matatu loan defaults jump 60pc Car and homeowners defaulted on loans totalling Sh27.8 billion in the 12 months to September last year, giving a peek into the night...
17 Dec 2021
17th December 2021 Trade & Financial Services Round Up
KENYA Oil companies to get Sh8bn for unchanged fuel prices The State will pay oil marketers an estimated Sh8.12 billion ($71.8m) for keeping fuel prices unchanged in the monthly review that will...
17 Dec 2021
Sustainability Reporting: Shifting from Voluntary To Business Survival Requirement
In 2015, the Paris Agreement became an international pact by some of the United Nations members to put mechanisms and measures to ensure the world reaches a global peak of greenhouse gas emissions as ...
17 Dec 2021
The year in review: Highlights on key legislative interventions that impacted the private sector
Several legislative interventions that have affected the private sector came into force in 2021. As the year draws to a close, we look back at some of these interventions and their resultant impact. T...
10 Dec 2021
The Huduma Bill 2020; Impacts on Private Sector Enterprises
Businesses and the Government will have a symbiotic relationship in the use of citizens’ data under changes to the law proposed in the Huduma Bill, 2020. The Bill is among those President Uhur...
3 Dec 2021
3rd December 2021 Financial and Trade Services Round Up
KENYA Shilling hits all-time low of 112.5 to dollar The shilling has declined to a new all-time low of 112.5 against the dollar as importers increase demand for the greenback with the economy recoveri...
26 Nov 2021
26th November 2021 Financial & Trade Services Round Up
KENYA Shilling weakens further on rising dollar demand The shilling ceded further ground to the dollar Wednesday, November 24, trading at a new low of 112.38 units amid the end of month demand f...
19 Nov 2021
19th November 2021 Trade and Financial Services Round Up
KENYA CBK Takes Baby Steps Towards Launch of Digital Currency (Source: Business today) Kenya is exploring the possibility of developing and launching a central bank digital currency (CBDC) to set...
29 Oct 2021
29th October 2021 Trade and Financial Services Round Up
KENYA Kenya slides in credit default rules enforcement survey (Source: Business Daily) Kenya’s failure to enforce rules to reduce credit default risks locking out local and foreign investors in ...
22 Oct 2021
22nd October 2021 Trade and Financial Services Round Up
KENYA Auditor queries CBK law breach over board members (Source: Business Daily) Auditor-General Nancy Gathungu has once again raised concerns over Central Bank of Kenya’s (CBK) legal breach operati...
15 Oct 2021
15th October 2021: Trade and Financial Services Round Up
KENYA Economy on path to recovery as banks record 53pc profit increase (Source: Business Daily) Pre-tax profits for banks in the seven months from January to July jumped 53.2 percent and surpassed las...
8 Oct 2021
8th October 2021: Trade and Financial Services Round Up
KENYA Controller of Budget Releases Implementation Report for June 2020 – June 2021 (Source: Office of the Controller of Budget) As required by the Constitution of Kenya and the Controller of Bu...
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