On Tuesday evening, the National Assembly Finance and Planning Committee chairperson, Kimani Kuria, tabled the team’s…
Category: Business News in Kenya
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…
Sh187.7bn debt unnerves investors in KQ equity stake sale
Potential investors for the proposed Kenya Airways (KQ) equity stake sale have expressed uneasiness over the…
KQ, Emirates In New Partnership For Access To 28 Destinations In A Single Ticket
Kenya Airways (KQ) and Emirates on Monday announced an interline partnership that will allow customers to…
JPMorgan Reaches Settlement With Victims Of Jeffrey Epstein
The bank was accused of loaning Epstein money even though it knew about his sex trafficking…
Kenya’s rich get richer as gap with the poor widens
The gap between Kenya’s richest and poorest widened after a dip during the peak of the…
Saudi Arabia overtakes China as Kenya’s top import market
Saudi Arabia overtook China, India and the United Arabs Emirates (UAE) to become Kenya’s biggest single…
Kenyans abroad avoiding banks on sending money home
Kenyans living and working abroad increasingly avoided banks when wiring cash home in favour of less…
Fuel dealers in deal to convert Sh45bn subsidy arrears into bond
Oil marketers have presented a proposal to the Treasury for the conversion of fuel subsidy arrears…
CBK allows interest-free Lipa na M-Pesa loans plan
The Central Bank of Kenya (CBK) has finally cleared a Safaricom-backed zero-interest credit service for the…