KENYA Treasury disowns official papers on Sh1.3bn China fine for SGR loans The Treasury Thursday disowned an official statement indicating that Chinese lenders penalised Kenya Sh1.312 billion for dela...
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...
JUDICIARY The Chief Justice has gazetted the list of 123 election petitions challenging the positions of Governor, Senator, Woman Representative, MP and MCA across multiple counties. FINANCE SECTOR Th...
The financial industry has benefited greatly from the buzz surrounding the African tech boom, with reports of African fintech businesses raising money becoming commonplace in tech media. It accurately...
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...
Deloitte delivered the Kenya Banking Sentiment Index report indicating that M-Pesa had more positive appreciation from clients than conventional banks as confirmed in the Net Sentiment Index. It...
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,...
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...
PUBLIC SECTOR Appointments President of the Republic of Kenya, Uhuru Kenyatta has appointed: Levi Franklin Mghalu to be the Chairperson of the Board of Directors of the Kenya National Shipping Line, f...
Recently, Kenya was selected among several countries that would initiate trading under the African Continental Free Trade Agreement (AfCFTA). The pilot phase is meant to test environmental, legal and ...
The Central Bank of Kenya (CBK) recently released the 2021 Financial Stability Report which discusses developments and risks in Kenya’s economy and financial sector in the post-Covid–19 pandemic r...
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...