Kenyans are staring at tough times after the government revealed the fuel subsidy kitty is running…
Category: Business News in Kenya
CMA Clears Securities Lending And Borrowing
The Capital Markets Authority (CMA) has given the green light for the rollout of securities lending…
Why Cytonn chiefs face fresh storm
Cytonn in tight spot as CEO faces fraud charges, investor refunds. The past week turned out…
CMA probes SBM bank over suspect Sh300m treasury bond transaction
The Capital Markets Authority (CMA) has launched an investigation on Mauritian-owned lender SBM Holdings over suspected…
Coast clear for construction of Kwale’s Sh20bn fish port
All is set for the construction of the Shimoni Fishing Port near the sea border with…
Equity kicks off auction of Tuskys over Sh650m debt
Cash-strapped Tuskys Supermarket will lose its first real estate asset through a public auction over a…
Public debt grew by Sh1trn last year, Central Bank says
Public debt hit Sh8.2 trillion last December even as the National Treasury seeks parliamentary approval to…
Inside Kenya’s multibillion scrap metal underworld
As Nairobi Expressway takes shape with finishing touches, a metal fence is being erected at sections…
StanChart, Heritage to pay Sh7.7bn for Arror dam scandal
The State is seeking Sh7.7 billion from Heritage Insurance and Standard Chartered Bank for insurance guarantees…
M-Pesa faces digital shilling disruption
Local mobile money service providers face the greatest disruption to their business since the introduction of…