03 October 2022
- NAIROBI, Kenya, Oct 3 – SBM Bank Kenya has inked a risk-sharing agreement with the African Guarantee Fund (AGF) that will see them avail Sh1.2billion to women-led businesses and climate-focused Micro Small, and Medium Enterprises (MSMEs) in the…
03 October 2022
- State Counsel confirmed to court that the woman had agreed to withdraw the attempted rape case against Linturi.
03 October 2022
- AS ALL COUNTRIES CONTINUE to deal with meteoric inflation caused mainly by high energy prices and the disruption of supply chains, the conflict in Ukraine continues unabated. There is food and water shortage, fires, droughts in places, floods in…
03 October 2022
- NAIROBI, Kenya, Oct 3 – The Organization of Online Drivers has scheduled a peaceful demonstration tomorrow, October 4, with an aim to air their grievances about an increased commission by the online taxi apps contrary to the regulations of Kenya’s…
03 October 2022
- CBK has assured the public that the country has enough forex reserves to comfortably cover 4.18 months of import needs.
03 October 2022
- The EAC partners in the recent past have had squabbles over trade rules.
03 October 2022
- Petroleum products have been spared from increases in excise duty on inflation adjustments by the Kenya Revenue Authority (KRA).
03 October 2022
- Josephine Otabor, also known as Phyna, has emerged winner of the seventh season of Big Brother Naija after polling a total of 40.74 percent of the votes in the final week. The show’s host, Ebuka Obi-Uchendu, announced the winner at this season’s…
03 October 2022
- The ministry of health has disclosed that breast cancer is the leading type of cancer in Kenya with an estimated 6,799 cases annually, contributing to 12.5 percent of the overall cancer burden. In addition, it accounts for over 3,107 deaths, with…
03 October 2022
- A petition has been revived by the Vice-Chancellor to increase tuition fees in public universities in the latest efforts to keep the institutions afloat. A memo from the Ministry of Training has revealed the push by the highest college directors for…
03 October 2022
- Safaricom reckons its solution can help public water utilities address the challenges of non-revenue water (NRW) - water that has been pumped but is lost before it reaches the customer
03 October 2022
- StepWise, a technology company focused on ICT Training and Business Process Outsourcing (BPO) has announced the launch of its Software Development Center,
03 October 2022
- Stock Market Weekly equity turnover fell by 40.1% w-o-w to USD 12.33 MN (KES 1.48 BN). The NSE 20 and NASI fell by 1.6% and 4.8% w-o-w to close at 1,717.48 and 134.86, respectively. Foreign investors assumed a net selling position by accounting for…
03 October 2022
- Miraa farmers in Meru county have decried high taxes imposed on the stimulant by the government, saying they are hurting farmers. The farmers termed the taxes levied by the Mombasa government as punitive, noting that they are left with zero profits…
03 October 2022
- The Teacher Service Commission, TSC, has issued a circular to all KCSE, KCPE & KPSEA 2022 center managers, supervisors, and invigilators. Sub-county directors and teachers. CIRCULAR NO, 11/2022 TO: TSC SUB COUNTY DIRECTORS NOMINATION OF THE…
03 October 2022
- In a July interview with CNN’s Quest Means Business, Ethiopia’s minister for Planning and Development Fitsum Assefa (Ph.D.) admitted that in preparing the 10-year Development Plan (2020-2030), her office did not assume the “global as well as local…
03 October 2022
- Kenyans will be forced to dig deeper into their pockets to access essential items whose prices are set to increase starting October 1st, 2022 due to the inflation rate and new tax regimes. Nothing is going to change any time soon since the new…
03 October 2022
- Maize prices are likely to rise following the lapse of a waiver on fees on imported maize. The 90- day waiver was introduced in July by the outgoing agriculture cabinet secretary Peter Munya intending to control maize prices and cushion consumers…
03 October 2022
- For many teenagers, the reading and writing platform is a creative and educational outlet. But a Forbes investigation found that it’s also a place where sexual predators target and exploit vulnerable teens, in some cases leading to sex trafficking…
03 October 2022
- CBK refutes claims by DP Rigathi Gachagua that Kenya has run short of foreign reserves, maintains that there is enough forex to cater for 4.5 months of import cover.
03 October 2022
- Africa’s appetite for foreign-denominated debt has declined in recent times as no country issued a bond during Q3’2022, with most countries shying away from the Eurobonds market due to sustained high yields translating to high borrowing costs. The…
03 October 2022
- Wealth. For the majority of people who aspire to attaining it, the word simply means an abundance of money. But to those who have achieved a measure of financial success, or who are already well on the road to doing so, the concept of wealth usually…
03 October 2022
- The Central Bank of Kenya(CBK) expects Kenya's inflation to remain elevated in the near term, due in part to the scaling down of the Government price support
03 October 2022
- 15 million mobile subscribers had not registered their SIM cards by August 30, several weeks before the October 15 deadline.
03 October 2022
- The regulator says private foreign exchange transactions are done by commercial banks.
03 October 2022
- The IMF has launched a new Food Shock Window programme that seeks to help vulnerable countries address the prevailing food insecurity.
03 October 2022
- Somalia and Ethiopia say they will work together to protect each other’s territories, including requesting the UN Security Council to lift an age-old arms
03 October 2022
- The memo erupted concerns that Credit Suisse was going bankrupt rather than calm the conditions that the bank was already facing.
03 October 2022
- Sri Lanka’s inflation rate hit nearly 70 per cent in September for a 12th consecutive monthly record; official data showed Friday after a year of shortages,
03 October 2022
- Vice-chancellors have revived the petition to increase tuition fees in public universities in the latest efforts to keep the institutions afloat.
03 October 2022
- Families will have to tighten their belts as maize flour prices are expected to rise further from the current Kes 200 for a 2kg packet after a waiver on
03 October 2022
- Shortages in skilled labour, demand and capital are among the hurdles
03 October 2022
- Consumers in Europe have cut spending on Kenyan flowers amid a cost of living spike in the western world.
03 October 2022
- She spoke when she toured the Mars Wrigley chewing gum factory in Athi River on Friday.
03 October 2022
- Kenya is among the leading producers of flowers
It’s however facing stiff competition from Ethiopia
03 October 2022
- The country's inflation hit 9.2 per cent in September from 8.5 per cent the previous month.
Exports of goods have remained strong, growing by 11 per cent in the 12 months to August 2022 compared to a similar period in 2021.
03 October 2022
- It recorded a total bed occupancy of 69.4%
03 October 2022
- Ecobank said during the launch in Nairobi that the 'Ellevate' programme is aimed at helping businesses reach their full potential.
03 October 2022
- IASP revealed the decision via their official social media platforms, sparking excitement among various players in Kenya’s ICT sector.
03 October 2022
- Organisations should seek to stand out in the marketplace by telling a compelling and authentic story that provides stakeholders with relevant information.
03 October 2022
- Two buildings collapsed last week in Kiambu and Kajiado counties, renewing blame game between developers and counties.
03 October 2022
- Public universities are targeting commercialisation of their innovations and research, and creation of endowment funds.
03 October 2022
- When health tech firm M-Tiba entered the populous Nigerian market, it achieved what has remained an elusive goal for most Kenyan companies.
03 October 2022
- Mobile calls and texts have become less lucrative revenue streams for telecoms firms in the past three years.
03 October 2022
- Having a well-defined body is arguably every fitness enthusiast’s dream. However, possessing toned abs (abdominal section) is one to die for.
03 October 2022
- SBM Bank Kenya has agreed a deal worth up to Sh1.1 billion with Africa Guarantee Fund (AGF) to insure against SME loan defaults.
03 October 2022
- One was clear that this demonstrated a lack of commitment to devolution while the other hailed it as a wise move.
03 October 2022
- In the Insider System, Gedajlovic observes that the director is looking out for the fiduciary interest of a variety of claimants.
03 October 2022
- His tribulations worsened last year when a Nairobi court sentenced him to six years in jail for siphoning Sh19.6 million from Kemri.
03 October 2022
- President William Ruto used his first address to Parliament last week to spell out his tax plan, proposing a wealth tax targeting the super-rich.