Kenyan banking multinationals are increasingly targeting the regional market with mobile short-term credit facilities loans in…
Category: Business News in Kenya
Weakening shilling pushes up Kenya’s debt by Sh500bn
Kenya’s depreciating currency cost the country nearly half a trillion shillings on the external public debt…
Higher fuel prices loom as KPC plans tariffs raise
Kenyans could be hit with higher fuel prices over the next three years should the Kenya…
What to expect from the incoming government’s housing docket
As the government changes hands, we must all wonder what the new administration means to our…
Sh40bn terminal shapes Mombasa port battle
Before the launch of the new Sh40 billion Kipevu Oil Terminal in Mombasa, the old facility…
Falling global crude prices raise hopes of relief at the pump for Kenyans
Crude prices have dropped by 22.5 percent since mid-June, setting the stage for reduced pressure on…
Kenya oil baron’s Jersey cash flagged in tax racket
Jersey authorities have flagged secret accounts of cash stashed by a wealthy Kenyan oil executive over…
When the IMF comes to town: Why they visit and what to watch out for
In most rich countries, the news that a mission from the International Monetary Fund (IMF) is…
KQ seeks to take over some major routes from South African Airways
Kenya Airways wants South African Airways (SAA) to leave for it some of the routes it…
Telcos to give subscribers free credit for outages
Telecommunications firms, including Safaricom, Airtel and Telkom Kenya, will be compelled to offer free credit to…