Business Daily: IMF calls for East African interbank loan market
23 Apr 2018 - Lender says true repo the safest way of integrating EAC money markets
Business Daily: Sterling Capital faces hurdles in push for Sh1bn stocks loans
23 Apr 2018 - Sterling Capital targets margin trading, which the NSE says is not allowed in absence of specific rules
Business Daily: State plots to oust employers, Cotu from board of NHIF
23 Apr 2018 - Teachers, FKE appointees are on the firing line in proposed changes
KenyanWallStreet: DOB Equity Invests in Rwanda’s Sarura Commodities
23 Apr 2018 - DOB Equity, a Dutch family-backed impact investor, has made its first investment in Rwanda’s Sarura Commodities. The funds will help the grain trader to improve its storage infrastructure, promote its sourcing platform, and expand its operations in Rwanda’s premium...
KenyanWallStreet: President Uhuru Supports Move to Repeal or Modify Interest Rate Cap Law
23 Apr 2018 - During a meeting at Chatham House in London on Tuesday, President Uhuru supported plans to repeal or modify the interest rate capping law which has not made the intended impact of lowering the cost of credit for SMEs.
“We have learned our lessons and we are currently...
Standard Business: Tension as NSSF battles to repossess Mombasa's Hazina Plaza
23 Apr 2018 - A legal battle is brewing over the National Social Security's (NSSF) plan to repossess the imposing Hazina Plaza
Standard Business: How foreign investors rob coffee farmers of billions in profit
23 Apr 2018 - The scale of losses is easily in the tune of billions of shillings as only inferior quality beans that attracts lower prices are available on the open
Dhahabu: All you need to know about the manufacturing part of the big four agenda
23 Apr 2018 - The big four agenda was launched by President Kenyatta during the Jamuhuri Day celebrations last year, focusing on manufacturing, universal healthcare, affordable housing, and food security as the four pillars of development, that the country will concentrate on in...
Standard Business: MPs devise new ways to extort and make money
23 Apr 2018 - Claims of extortion and a scheme to make more money in allowances are being cited as the motive behind parallel investigations by parliament
Soko Directory: Lecturers Have Been on Strike for 53 Days But Do We Care?
23 Apr 2018 - Kenya’s public universities are ailing. Lecturers have been on strike for 53 days now but do those responsible care?
In a country where doctors can go on strike for 100 days, for lecturers to down tools for only 53 days is not something to move the muscles.
Soko Directory: T-Bills Subscription Hits 162.5% From 87.1% During The Week
23 Apr 2018 - T-bills were oversubscribed last week recording a subscription rate of 162.5 percent from a subscription rate of 87.1 percent the previous week.
According to a report released by Cytonn Investment, the increase in subscription was due to improved liquidity mainly as a...
Soko Directory: The Equities Market Lags During The Week Driven By Losses In Major Market Players
23 Apr 2018 - The equities market was on a downward trend with NASI, NSE 20 and NSE 25 losing 4.5, 2.5 and 3.6 percent respectively last week.
The performance took the indices’ YTD performance to 6.7, 0.0 and 11.4 percent for NASI, NSE 20 and NSE 25, respectively.
Standard Business: Congo says it has met criteria for IMF deal
23 Apr 2018 - IMF officials were not immediately available to react to the Congolese statement.
Standard Business: Oil retailer Luqman opens new outlet
23 Apr 2018 - Luqman Petroleum has opened training centres for automotive mechanics in its outlets to help artisans improve their skills.
Standard Business: House allowance plans for 70,000 police officers
23 Apr 2018 - Teams dispatched to collect views from the law enforcers around the country.
Standard Business: How foreigners control coffee trade to farmers' disadvantage
23 Apr 2018 - The multi-nationals are accused of tilting commodity prices and leaving small-scale farmers to earn peanuts.
Standard Business: Hotels fully booked as devolution meeting starts
23 Apr 2018 - Hotels in Western region are fully booked and delegates attending the annual Devolution Conference are now turning to private residential homes for ac
Standard Business: Kenya's Microsoft-backed Mawingu aims to triple broadband users
23 Apr 2018 - Mawingu Networks, a Microsoft-backed firm using underutilised TV frequencies aims to triple rural broadband users in the next two years, its chief exe
Standard Business: Hotel shortage pushes guests to seek accommodation in homes
23 Apr 2018 - Hotels in Western region are fully booked and delegates attending the annual Devolution Conference are now turning to private homes for accommodation.
Dhahabu: Twiga Foods and IBM successfully test blockchain technology in lending to small scale vegetable sellers
23 Apr 2018 - Twiga Foods, a start-up that specialises in buying and supplying fresh food to vegetable vendors (Mama Mboga) at their premises, has collaborated with technology firm IBM to pilot a technology to help disburse loans to vegetable vendors. In the piloted model, the...
Dhahabu: Mobile loan app Tala set to expand to Mexico and India after raising sh 6.5 billion in funding
23 Apr 2018 - Mobile loan app Tala has just secured a sh6.5 billion investment in its third round of funding, the funds will be used to grow its Kenyan operations and to expand to new markets of Mexico and India- both emerging markets with a large appetite for increased financial...
KenyanWallStreet: Dangote and Masiyiwa Agree that Persistence is Key in Doing Business in Africa
23 Apr 2018 - Two of the top businessmen in Africa, Strive Masiyiwa and Aliko Dangote, agree that persistence is key to doing business on the continent. The two businessmen have conquered a lot of problems to build internationally recognised brands.
For instance, Dangote’s cement...
KenyanWallStreet: Kenya; Biometrics required for new national IDs
23 Apr 2018 - Kenya’s ministry of Interior Ministry says it will require citizens to provide biometric details such as eye and voice patterns as it moves towards a new electronic registration system.
Satellite details of homes will also be required as part of the ID application...
KenyanWallStreet: MPs to appoint next KRA Commissioner General
23 Apr 2018 - Kenyan Parliament is expected to consider a bill that seeks to give the members the authority to pick Kenya Revenue Authority (KRA) commissioner generals.
The bill was tabled in Parliament by majority leader Aden Duale at a time when authority is in limbo over the...
KenyanWallStreet: Fresh Produce Exports Contribute Sh115.25B in 2017
23 Apr 2018 - Fresh Produce Consortium (FPC) of Kenya, a trade association in the fresh produce sector, has announced that Kenya earned Sh115.25 billion from fresh produce exports in 2017. This is an 11 percent surge compared to the earnings in 2016.
Speaking at a stakeholders’... Pages