WPP-Scangroup chief executive Bharat Thakrar has resigned weeks after he was suspended from a company he founded,…
Category: Business
Importers face huge losses as agencies row over age limit
Reigning confusion between three government agencies over the eight-year age-limit rule for used cars is causing…
Kenya Airways reports worst ever loss at Sh36.2bn
Kenya Airways has sunk deeper into the red after it reported a Sh36.2 billion loss for…
Tough times as CBK announces expiry on restructuring of loans
The Central Bank of Kenya (CBK) has announced the expiry of measures on restructuring of loans…
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…
What Is Lease financing? The Ultimate Guide
Asset-based lending is a form of business financing that uses a business asset as collateral for…
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,…