- The unfortunate tussle between the Controller of Budget (CoB) and the Central Bank of Kenya (CBK) over real-time access to county bank accounts shows that Kenya still has some way to go before...
- The government will 2023 start giving capitation funds to students pursuing diploma programmes as part of renewed efforts by the State to boost workforce capacity and address unemployment.
- Kenya Revenue Authority (KRA) has won a Sh621 million tax battle against Co-operative Bank of Kenya arising from financial transactions between 2013 and 2015.
- This is the verdict of the World Bank in a forecast that risks dealing a major blow to investors that queued to open shops in Kenya, encouraged by the rising disposable incomes.
- CBK has agreed to offer the CoB real-time access to county bank accounts, ending an embarrassing fight between the two key institutions at the centre of public finance management.
- In western Kenya, it is no longer plausible to send cash into individuals’ mobile wallets without first confirming their debt status because you run the risk of bungling the transactions through...
- Large indigenous banks beat their foreign-owned counterparts in growing their income from forex trading this year, attributed to a willingness to pay a premium to access dollar supply in the...
- The Kenya Ports Authority (KPA) is working with eight devolved units to develop inter-county ports, jetties and maritime facilities to enhance the sector in the country.
- Located in a special trade zone in Athi River is African Coffee Roasters (ACR), which prides itself as unique and different when it comes to dealing with the world’s second most traded commodity,...
- The World Bank report saying that Kenya pursued economic policies that benefited the wealthy in the last five years calls for an urgent action by the new administration.
- Stanbic Kenya Foundation and United States African Development Fund (USADF) have called on Kenyan Small and Medium Enterprises (SMEs) to submit their applications for the 2023's Sh6.1 million...
- This is a boost to President William Ruto’s plan to build affordable houses, water projects, roads and dams through PPPs, or the Public-Private Partnerships.
- Tuesday's launch of the Kenya-World Bank Group (WBG) Country Partnership Framework offers an opportunity to revisit the country's long-term development trends.
- Ecobank is on the spot over a Sh4 billion fraud case involving an online payment company that had been linked to an international credit card scam syndicate.
- The reopened 20-year and 25-year bonds raised Sh24.3 billion, with investors getting a little premium on the interest rates set in the securities’ initial auctions.
- The multi-modal facility, which will be developed by British architectures, will be situated within a 425-acre land piece, of which Kenya Railways owns 292 acres.
- A lawyer has moved to court to challenge the decision by Nairobi governor Johnson Sakaja to close down nightclubs in residential areas following public uproar over noise pollution.
- Economic policies pursued in the later years of President Uhuru Kenyatta's administration helped benefit wealthy Kenyans the most, the World Bank disclosed yesterday.
- The State should fix the loophole that favours Hustler Fund defaulters in terms of giving them early access to savings compared to good borrowers who will wait for one year.
- More Kenyans have access to electricity than they have to water amid low investment in the provision of the basic service against rising demand, a World Bank report has shown.
- Local tourism industry agents are wary of a drop in demand amid declined economic growth in key traditional source markets and Covid-19 closures in China.
- Nexgen Packaging, a multinational tag and label designer, is set to erect a new $2 million (Sh245.5 million) plant to begin operations in April next year.