Debt repayments will for the first overtake the national government’s recurrent spending on items like civil…
Category: Business
Speaker halts Sh3.3trn budget on revenue-sharing Bill delay
Treasury Cabinet secretary Ukur Yatani will not read the Sh3.31 trillion budget for the financial year…
Tesla opens ‘Gigafactory’ near Berlin, its 1st in Europe
BERLIN (AP) — Electric car manufacturer Tesla opened its first European factory Tuesday on the outskirts…
Smartphone hitch hits CBK’s digital shilling plan
The Central Bank of Kenya (CBK) has warned that lack of access to smartphones by more…
DR Congo joins EAC
The Democratic Republic of Congo (DRC) will officially be admitted to the East African Community (EAC)…
Money laundering claims rock Sh5 billion English Point Marina
Trouble is brewing in Mombasa’s English Point Marina as the property’s developer faces fraud and money…
EAC reviews Common Market Protocol ahead of DRC entry
The East African Community is reviewing the Common Market Protocol to allow a smooth entry of…
Real estate jobs at stake as cement, metal prices rise
Kenya’s construction industry is in the grip of a sharp slowdown, following a steep rise in…
IFC boosts Airtel with Sh17.15bn investment
The International Finance Corporation (IFC) will invest Sh17.15 billion ($150 million) in Airtel Africa to support…
IFC ends funding for Bridge academies on activists push
The International Finance Corporation (IFC) has withdrawn funding for Bridge International Academies (BIA) following pressure from…