Today is Wed, 18 Jun 2025
Tag: Finance
Latest Article 29 Apr 2025
County Round-Up, 25th April,2025
County Notice Narok The Narok County Alcoholic Drinks (Regulation and Control) (Amendment) Act, 2025 – Appointment of Members to the Alcoholic Drinks Management and Control Committees The following persons are appointed to serve as members for a period of three years, effective 16th April, 2025:Josephine Ngeno,Kipkech Lotiata ,Ngare Riko ,Erustus Mutuku,Daniel Sironka ,Evlyne Nina […]...
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31 Jan 2025
Trade and Financial Service Round-Up: Issue No. 3 of 2025
Kenya Moody’s upgrades Kenya’s rating outlook to positive Moody’s Ratings has changed the Government of Kenya’s outlook from negative to positive and affirmed the local and foreign-currency ...
24 Jan 2025
Trade and Financial Service Round-Up: Issue No 2 of 2025
Kenya Bank CEOs, directors face suspension in new anti-terror finance plan Executives and board members of financial institutions, including commercial banks, may be removed from office as the governm...
17 Jan 2025
Trade and Financial Service Round-Up: Issue 1 of 2025
Kenya Banks pump additional Sh135bn to lift Nairobi’s economy Financial institutions pumped an additional Sh135.55 billion into Nairobi’s economy last year, underlining the critical role that ...
13 Dec 2024
Trade and Financial Services Round-Up: Issue 50 of 2024
Kenya Forex reserves projected to grow by Sh288bn on IMF, remittance inflows Kenya’s official foreign exchange reserves are expected to grow by $2.23 billion (Sh288 billion) by the end of th...
29 Nov 2024
Trade and Financial Services Round-Up: Issue 48 of 2024
Kenya Safaricom gets approval for new money market fund Safaricom’s Ziidi Money Market Fund has received approval from the Capital Markets Authority (CMA). The fund will operate in partnership wit...
15 Nov 2024
Towards a Leaner Government and Prudent Resource Use: Could Kenya Benefit From a Department of Government Efficiency?
The debate on government efficiency has long resonated within global politics, and Elon Musk’s recent remarks about the bloated structure of US federal agencies have ignited fresh interest. Musk’s...
15 Nov 2024
Trade and Financial Services Roundup: Issue 46 of 2024
Kenya Three NSE stocks join Morgan Stanley small-cap index The Morgan Stanley Capital International (MSCI) index has added three NSE counters—Kenya Power, Carbacid Investments Plc, and Bamburi Cemen...
8 Nov 2024
Trade and Financial Services Round Up: Issue 45 of 2024
Kenya Borrowers hit as IMF opposes CBK’s plan to cut cost of loans The International Monetary Fund (IMF) has warned Kenya against a larger interest rate cut despite the fall in inflation to a 17-yea...
31 Oct 2024
Highlights of the GSMA Kenya Digital Economy Report of 2024.
Kenya is on the path to integrating digital technology into the heart of its economy, leveraging the power of mobile and digital services to drive growth, support public service delivery, and enhance ...
31 Oct 2024
High Court Grants Reprieve to Financial Institutions on Forced Sale Value of Charged Property
The High Court, in a recent judgement, granted reprieve to financial institutions when exercising their statutory power of sale. This position is fortified in the Constitution’s Section 104 of the L...
31 Oct 2024
Kenya Power’s Profit After Loss Raises Eyebrows
Kenya Power announced its first profit of Ksh 30 billion in six years. The company’s ability to turn a profit in its financial statements this year from a loss of Ksh 3.19 billion last year has ra...
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