- Kenya through the Kenyatta International Convention Centre (KICC) will collaborate with Jamaica to strengthen the conference tourism sectors in both countries.
- Kenya and India have signed a Memorandum of Understanding (MOU) that establishes a foundation to support and promote trade and investment in the textile industry between the two countries.
- After the High Court lifted the freeze order on Ksh.5.6 billion linked to four Nigerian firms, Oit Africa Ltd, Avalon Offshore Logistics Ltd, Multigate Ltd and Remx Capital Ltd, the four companies claim to have lost an estimated Ksh.23 billion in turnover.
- After the High Court lifted the freeze order on Ksh.5.6 billion linked to four Nigerian firms, Oit Africa Ltd, Avalon Offshore Logistics Ltd, Multigate Ltd and Remx Capital Ltd, the four companies claim to have lost an estimated Ksh.23 billion in turnover.
- The National Social Security Fund (NSSF) has estimated a Ksh.40 billion hit in member contributions from the freeze of new pension rates by the High Court on Monday.
- The Kenya Bureau of Standards (KEBS) has retained Japanese firm Quality Inspection Inc. (QISJ) for pre-export verification of conformity (PVoC) services
- Cash transactions continue to dominate the payments space with data from the Central Bank of Kenya (CBK) showing Ksh.305.4 billion worth of notes and coins in circulation.
- The National Social Security Fund (NSSF) has raised its pay out on retirement savings to 10 per cent for the 2020/21 financial year on the backdrop of higher income in the period.
- Uber said it was investigating a cybersecurity incident after a report of a network breach that forced the company to shut several internal communications and engineering systems.
- Kenyans living and working abroad sent home Ksh.37.4 billion ($310.5 million) last month to register a slight decline in remittances from the same time last year.
- The value of Kenya Power’s stock has risen by 23 per cent this past week sending the company’s market valuation at the Nairobi Securities Exchange (NSE) to Ksh.3.84 billion.
- The end of fuel and food subsidies is widely expected to weaken the Central Bank of Kenya (CBK) price stabilizing role with inflation tipped to remain north of the 7.5 per cent upper limit in the short-term.
- CPF Financial Services has been granted relief after the Court of Appeal ruled in its favour in a case involving the administering of the Public Service Superannuation Fund.
- Kenya’s dream striking it rich from its crude deposits in Turkana remains with explorer Tullow Oil yet to on board a strategic investor to the project.
- Kenya’s rebounding exports in the opening seven months of the year have helped trim the country’s current account deficit to 5.1 per cent of GDP in the month of July.
- Private firms have led the accumulation of hard currency in the opening half of the year which has seen the Kenyan Shilling remain under pressure from the US dollar.
- World Travel Awards (WTA) will host its Africa & Indian Ocean Gala Ceremony 2022 at the Kenyatta International Convention Centre (KICC), Nairobi, Kenya.
- Ukrainian forces have made sweeping advances in September in their fight against Russia, easing some investor fears of a prolonged war-induced energy crisis in Europe.
- Kenya's tourism earnings more than doubled to 167.1 billion shillings ($1 billion) from January to August from 83 billion shillings in the same period a year ago, Tourism and Wildlife Minister Najib Balala said on Friday.
- Commercial banks retained profits increased by Ksh.49.6 billion in three months to June as the majority of lenders skipped paying interim dividends to shareholders.
- Market performance retreated on Wednesday after back to back days of gains off Monday’s validation of the August 9 Presidential Results by the Supreme Court which signalled the end of the electioneering period.
