Kenya will progressively reduce duty for goods imported from the European Union (EU) as part of the newly…
Category: Business News in Kenya
From riches to ruin: Tragic tale of booming Kenya firms burst in iceberg of debt
It is in the 1926 novel, The Sun Also Rises, Mike, one of the characters, when asked…
From Kibaki-era deal making-machine into receivership battle: The story of TransCentury
TransCentury is on the brink. And if the worst happens, and it loses the current court…
Shilling breaches 140 to dollar as new CBK boss Kamau Thugge takes charge
The Kenyan shilling has breached the 140-unit mark trading against the US dollar, defying State interventions…
Supreme Court’s Daniel Arap Moi land ruling sends banks, buyers into a panic
Banks holding thousands of title deeds as collateral for loans have been thrown into a panic…
Kenyans abroad to buy bonds via mobile in a month
Kenya will roll out an electronic over–the–counter trading platform for government securities, enabling investors to start…
Sasra jumpstarts Sacco deposit insurance plan
The Saccos regulator is seeking changes to the current law to provide a framework for appointing…
Loopholes State agencies exploit to budget for graft
State agencies are hiding money under line items for projects they will not implement, only to…
Amended Finance Bill: What the MPs will vote on
On Tuesday evening, the National Assembly Finance and Planning Committee chairperson, Kimani Kuria, tabled the team’s…
Costly power generators make big comeback on long drought
Expensive thermal power generators have made a major comeback on the national grid after they overtook…