22 January 2025
- Of Kenya’s banks that do not meet the new minimum capital requirements, less than a handful can credibly plan to raise the required additional capital through a mix of retained earnings and...
22 January 2025
- Dr Sirima officially left the Treasury in early July last year and was replaced by Raphael Owino as the new boss at the debt management office.
22 January 2025
- There is growing concern among top leadership of the House that the additional committees, especially departmental ones, have not increased efficiency in discharging their mandates.
22 January 2025
- On his farm in Lari, Kiambu County, George Muturi is solving an age-old problem for traders and livestock farmers: how to dispose of food and animal waste.
22 January 2025
- Last year, land prices in the suburbs grew by 6.5 percent, helped by demand from developers seeking space to put up apartments in areas such as Parklands, Kileleshwa and Lavington.
22 January 2025
- The type of claim may vary, but like the sun rising from the East, it is a sure event, with some covers having multiple claims during their existence.
22 January 2025
- Justice Francis Gikonyo noted the adverts had hurt the financial position of Directline, which he described as a separate legal personality from its warring shareholders.
22 January 2025
- The CBK has avoided issuing long-term bonds until now, as it avoids high interest payouts to investors over time in a high-interest rate environment.
22 January 2025
- The two residents said the County government of Mombasa has been for years providing bursaries to bright and needy students through the Elimu Scheme.
22 January 2025
- Office of Controller of Budget report shows these devolved units owe suppliers and contractors Sh185.46 billion accounting for 95.6 percent of the entire counties’ pending bills.
22 January 2025
- Multiple ICD had convinced Justice Alfred Mabeya that the KPC bank account was holding about $31 million on behalf of Zakhem International.
22 January 2025
- As South Africa navigates its first full year under a Government of National Unity, cautious optimism about economic reforms has been tempered by systemic challenges. Can this political arrangement deliver the stability and policy coherence…
22 January 2025
- Saffron Gardens, a 15-room property just 10 minutes from Malindi Airport, has established itself as a pioneer in the growing digital wellness tourism sector.
22 January 2025
- Research on Gen Z food choices has forced Weetabix East Africa to reposition its flagship biscuit as an ‘anytime’ food that can be consumed as a meal, snack, or dessert, a ready-to-eat cereal at any time of day, including for lunch or dinner.
22 January 2025
- In contrast to having a large and well-organized active military force, which inadvertently improves a country's security and regional influence, keeping a small active military force can expose serious weaknesses, particularly for some African…
22 January 2025
- The regulator ordered Stanbic to cease any further actions or operations that may contravene existing regulations or obstruct ongoing investigations.
22 January 2025
- Armoured Fighting Vehicles (AFVs), encompassing tanks, infantry fighting vehicles, and armoured personnel carriers, play critical roles in military strategies. Egypt leads Africa with the largest stock of combat tanks, securing the 12th position…
22 January 2025
- GDP per capita is a critical measure used to assess the economic well-being of individuals in a country, as it represents the average economic output per person.
22 January 2025
- The $910 million appeal marks the most expensive humanitarian crisis in West and Central Africa, surpassing those in Chad, Mali, Burkina Faso, and Niger, according to UN documents.
22 January 2025
- A highly placed source revealed that some committees created at the start of the 13th Parliament have not lived up to the expectations
22 January 2025
- JAN 22 – Netflix will raise prices across a number of countries after adding nearly 19 million subscribers in the final months of 2024. The streaming firm said it will increase subscription costs in the US, Canada, Argentina and Portugal. Asked if…
22 January 2025
- NAIROBI, Kenya, Jan 22 – Kenya remains at a heightened risk of debt distress, despite the government’s successful sale of a $2 billion Eurobond last year, according to a new report from the Institute of Public Finance (IPF). In its 2025 Macro Fiscal…
22 January 2025
- City counties had the highest contribution to the national GDP. Nairobi, Kenya's capital, led with a whopping Ksh3.81 trillion GCP. This means Nairobi county accounts for 36% of Kenya’s GDP. Nakuru, another city county comes a distant second at…
22 January 2025
- The cost of diesel last year fluctuated greatly throughout Africa, with certain African countries seeing costs as low as $0.031 per liter and others experiencing highs of $2 per liter. A similar pattern seems to be developing when 2025 gets underway.
22 January 2025
- The Nigerian government is expanding its refinery network with the recent approval for the establishment of a 10,000-barrel refinery in Delta State.
22 January 2025
- Jan 22 – Industry leaders have expressed optimism about the future of India-US trade and economic ties under President Donald Trump, highlighting opportunities for collaboration in key sectors such as healthcare, pharmaceuticals, and electronics.…
22 January 2025
- Kenyan Treasury plans to take over the issuance of Treasury bills and bonds from the Central Bank of Kenya (CBK) through the Public Debt Management Office (PDMO) to lower borrowing costs and enhance debt management.
22 January 2025
- NAIROBI, Kenya, January 23 – A petition challenging the appointment of Mary Wanjira Kimonye as the Vice Chairperson of the Public Service Commission (PSC) and seven other members has been filed at the High Court of Kenya, Milimani, Nairobi. The…
22 January 2025
- NAIROBI, Kenya, January 22 – The National Assembly has called for a special audit of exchequer releases to the State Departments of Water and Roads amid allegations of financial mismanagement and delays in project implementation. A motion passed…
22 January 2025
- Kenya's statistics office will begin publishing core inflation data to help monetary authorities to better predict the impact of their interest rate decisions on the economy, officials said on Tuesday.
22 January 2025
- JAN 22 – OpenAI is teaming up with Oracle and Softbank to build data centres equipped to power artificial intelligence (AI), with plans to invest $100bn “immediately”. Flanked by the bosses of the three companies at the White House, US President…
22 January 2025
- NAIROBI, Kenya, Jan 22 – Land prices in Nairobi’s satellite towns grew at the slowest rate since June 2023, with average price growth declining to 1.9 percent in Q4 2024, down from 3.02 percent in Q3, according to HassConsult. Nine of 14 tracked…