Kenya’s inability to honour its debt obligations has been exposed in the latest report of the…
Category: Business News in Kenya
Sh32bn port terminal begins operations
Port boost as new Sh32bn terminal begins operations. Mombasa port is to underline its position as…
Fuel prices up by Sh9 in new Epra review
The Energy and Petroleum Regulatory Authority (Epra) has announced a Sh9 rise in fuel prices in…
Cost of bank loans reach 27-month high on T-bills
Bank lending rates hit a 27-month high in April as costs of wholesale deposits increased following…
Sh14bn gangsters paradise: How Kenya turned into a playground for fraudsters
Six days after Bitstream Circle, the ponzi scheme designed as a crypto trading platform that went…
Kenyans lose billions to Crypto frauds
“I still drive my Ferrari and some of you can’t afford to eat.” That is the…
Shilling hits a historic low of Sh117.01
The Kenyan shilling has hit a record low of 117.01 against the dollar, indicating a continued…
CBK set to regulate financial super-apps
The Central Bank of Kenya (CBK) says it will start regulating financial super apps such as…
Costly Eurobond worries Kenya ahead of new issue
Kenya is reviewing its external borrowing options after its Eurobond yields hit double digits, signalling the…
Directors of English Point Marina risk Sh1bn each
Owners of English Point Marina had offered KCB Bank personal guarantees of up to Sh1 billion…