- Local airline Fly 748 is eyeing a significant increase in domestic flight bookings in the last quarter of the 2022 as hard-pressed tourism sector return to pre-COVID level activities.
- Leading telecoms operator Safaricom is expected to face costs constraints as it commences the commercial rollout of the advanced 5G network in the country.
- Kenya has begun pushing for additional resources from the International Monetary Fund (IMF) as a delegation from the Washington DC base multilateral lender lands in Nairobi.
- Leading telecommunications provider Safaricom has offered a key lifeline to subscribers holding inactive lines by allowing the customers to keep such subscriptions active for up to two years on a single airtime top up.
- East African Portland Cement Company (EAPCC) has posted a 69 percent dip in earnings through 12 months to June 2022 with profits sliding to Ksh.529.2 million from Ksh.1.7 billion.
- Kenya is pushing to access additional resources in the form of loans from the International Monetary Fund (IMF) as external commercial financing remains out of reach.
- Yields on Kenya’s long-dated 25-year Treasury bonds have breached the 14 per cent ceiling as interest rates on government securities continue to soar this year.
- Bank of Ireland Group is offering paid leave for women employees going through menopause, joining a growing list of companies trying to prevent women from exiting the workforce.
- The Unclaimed Financial Assets Authority (UFAA) is betting on the waiver of interest and penalties to grow surrenders of unclaimed financial assets by entities.
- The new government has set an ambitious 22 per cent compounded annual growth rate for the manufacturing sector as it seeks to have the sector contribute to 20 per cent of GDP by 2030.
- The Nairobi Securities Exchange (NSE) is seeking to unwind from a long decline, commonly regarded to as a bear run with stock prices seeking lift-off from recent lows.
- The International Monetary Fund (IMF) has thrown its weight behind budget cuts by developing economies as an intervention to tightening external funding.
- Mobile operators have been directed to deactivate unregistered SIM cards in the next 60 days in a move to enforce compliance with the registration exercise which closed Saturday.
- Debt payments costs in the first three months of the 2022/23 fiscal year have swallowed up half of taxes collected in the same period to the end of September.
- Alcoholic beverages manufacturer East African Breweries Limited (EABL) saw its market capitalization at the NSE rise by Ksh.25.2 billion to Ksh.134.3 billion on Friday.
- Kenyans living and working abroad sent home a record Ksh.369.4 billion ($3.053 billion) in nine months to the end of September according to new CBK data.
- To commemorate the World Sight Day happening on 13th October 2022, Directline Assurance Company, the Kenya Association of Opticians, Novartis and other key stakeholders have rolled out an eye screening campaign dubbed “Dereva Hodari”.
- Treasury Cabinet Secretary (CS) Ukur Yatani has come out to say that Kenya has never defaulted on any loans borrowed from external creditors and foreign nations.
- The Local Authorities Pension Trust (LAPTRUST) is set to come to the market through the planned issuance of a Ksh.7 billion income- real estate investment trust (i-REIT).