Pakistan overtook the US and the Netherlands to become the largest destination for Kenya’s goods in…
Category: Business
Money Market Funds: What They Are, How They Work, Pros and Cons
What Is a Money Market Fund? Key takeaways A money market fund is a type of…
Kamau Thugge: Kenya paying the price for overvalued shilling
The Central Bank of Kenya (CBK) has said the shilling was overvalued by up to 25…
Kenya shilling official exchange rate against dollar hits 150
The official exchange rate of the shilling against the dollar on Monday crossed the 150-unit mark following…
A price cap on Russian oil aims to starve Putin of cash. But it’s largely been untested. Until now
FRANKFURT, Germany (AP) — For months after Ukraine’s Western allies limited sales of Russian oil to…
China Restricts Exports Of A Key Mineral, Stoking U.S. Fears About Battery Supply Chains
A Chinese declaration Friday banned exports of graphite without government permission, escalating a trade war with…
Sh9.3bn rights issue to take Family Bank regional
Family Bank is eyeing regional expansion from the Sh9.3 billion it hopes to raise from its…
Oil Prices Surge As Israel Prepares To Invade Gaza
The spike is not yet showing up at the pump, but fears of a regional conflict…
CBK, investor standoff drives interest rates to 16-year high
A standoff between investors and the Kenyan government over interest rates escalated this week after the…
NTSA rejects Bolt’s licence renewal on driver protests
Kenyan transport regulator has declined to renew the licence of taxi-hailing company Bolt over alleged breaches,…