Cheques from rival banks to be cleared in a day

Bank customers who pay cheques from rival lenders into their accounts will be able to get…

Oil marketers to pay for fuel imports in Kenyan shilling as shortage looms

Local oil companies will pay for oil imported on credit through a government-to-government deal in Kenya…

Dollar shortage to worsen as dividends repatriation starts

Dividend repatriations by listed multinationals and firms with significant foreign shareholding look set to worsen the…

Hydropower generation at record low on drought

Hydropower generation hit a record low in February due to the ongoing drought that has nearly…

CAK slaps Carrefour with cease and desist order over Pwani Oil

The competition watchdog has ordered retail chain Carrefour to stop charging rebates on Pwani Oil products’…

Pay TV providers risk fines over service outages

Pay television service providers including StarTimes, DStv, Zuku and GOtv risk fines of up to 10…

State to sell cheap goods in shops via Sh24bn KCB deal

The State has received Sh24 billion backing from KCB Group for the importation of cheap foods…

CMA to get major role in regulating coffee exchange, says Chelugui

The Capital Markets Authority (CMA) is set to play a major role in the regulation of…

Dairy Board freezes milk powder importation

Milk processors have been protected from competition after the Kenya Dairy Board ordered the indefinite suspension…

How Kenya plans to roll out Sh28bn Nairobi railway city

Kenya Railways has asked the government to build an underground tunnel linking the Green Park terminal…