The Central Bank of Kenya (CBK) has announced the expiry of measures on restructuring of loans…
Category: Business News in Kenya
Airtel sells mobile money service stake to PE firm for Sh21 billion
Airtel Africa is set to sell an undisclosed minority stake in its Pan-African mobile money business…
Local debt repayments swallow up Kenya’s savings from international debt suspension
Rising local debt repayments by the National Treasury have swallowed up savings from the country’s participation…
US reveals Kenya’s secret Sh139bn coronavirus loan
Kenya in June signed a secret Sh139.5 billion (1.06 billion euros) loan deal with a Belarusian…
Mystery of Sh223 bilion Chinese imports that didn’t reach Kenya
Kenya might have lost hugely in tax revenues, with an analysis of official data showing imports…
Kenya’s most expensive, cheapest loans revealed
Absa Bank Kenya leads a group of large lenders offering the most expensive loans in the market,…
Bus Rapid Transit system begins to take shape on superhighway
The planned Bus Rapid Transit (BRT) system that is envisioned to transform mass transportation of people is finally…
China could seize Mombasa port over Sh364bn SGR loan
The port of Mombasa could be under the control of the Chinese if the government defaults…
What you need to know about mortgage and home ownership
Home ownership in Kenya has remained relatively low at 21.3 per cent in urban areas compared to…
Uhuru orders inquiry into KTDA activities and tea factory elections
Cartels in the tea sector are set for more trouble after President Uhuru Kenyatta directed the…