Kenya’s Private Sector Experience Growth in October
Kenya’s private sector saw a modest improvement in operating conditions in October, as activity levels expanded...
Access Bank gets Approval to Acquire National Bank of Kenya
The Competition Authority of Kenya (CAK) has conditionally approved Access Bank’s acquisition of the entire issued...
Kenya Power’s Profit Rise to Sh30 billion for the Year ended June 30
Kenya Power has recorded a Sh30 billion net profit for the financial year ended June 30,...
CBK to unveil Fast-Payment System for efficient Interbank Transfers
The Central Bank of Kenya has announced that it is progressing toward the launch of a...
JPMorgan Appoints Sailepu Montet as Manager for the Kenyan Office
JPMorgan, the world’s largest bank, has appointed a former executive at the Central Bank of Kenya,...
List of 47 Counties in Kenya, theirs Codes and their Governors
A comprehensive list of Kenya county numbers from 1 to 47, and their governers. Kenya is...
Korean Tech Companies to Start Operations in Konza City
Konza Technopolis, Kenya’s largest technology hub, on Tuesday announced that it has signed a memorandum of...
East Africa Growth Holding Acquires 4.97% of I&M Group
East Africa Growth Holding (EAGH) is poised to acquire up to 86.5 million new ordinary shares...
Central Bank replaces KEPSS with Global ISO20022 System
The Central Bank of Kenya has announced the successful migration of the Kenya Electronic Payment and...
Petrol Prices down by Ksh8.18, diesel by Sh3.54 in latest review
The prices of petroleum products in Kenya have plummeted significantly in the latest review by the...
Central Bank Clears JPMorgan to Establish Office in Kenya
The Central Bank of Kenya (CBK) has authorized JPMorgan Chase Bank, the American Multinational investment bank,...
Kenya expects to receive funds from the IMF by December
Kenya is on the verge of unlocking a substantial loan from the International Monetary Fund (IMF)...
Adani Group Signs Sh95 billion with KETRACO Amid Controversy
Adani Energy Solutions Limited has signed a deal with the Kenya Electricity Transmission Company Limited (KETRACO)...
Evidence-based policy making: The solution for stalled projects in Kenya
Kenya’s development agenda has undergone intense scrutiny following the recent revelation of countless incomplete projects across...
Central Bank Lowers Interest Rate to 12%
The Central Bank of Kenya (CBK) has announced that it’s lowering the benchmark interest rate by...
Superior Homes Launch Sh30 billion Gated Community in Ruiru
Superior Homes Kenya, one of the leading real estate developers in East Africa, on Friday announced...
Safaricom Sacco rebrands to Qona DT Savings and Credit Coopeerative Society Limited
Safaricom Savings and Credit Cooperative is set to rebrand to Qoan DT Savings and Credit Cooperative...
Kenya Shilling stable versus major currencies, Inflation Declines
The Kenya Shilling (KES) was stable against the US dollar and other major currencies for the...
Kenya asks IMF to review corruption issues after push by Western Nations
The Kenyan government has asked the International Monetary Fund (IMF) to perform an official review of...
Mogo fined Ksh10.8 million by CAK
Asset financier Moto Auto Limited has been ordered to pay a pecuniary penalty of Ksh10.9 million...
Ndovu Wealth launches Money Market Fund after getting regulatory approval
Ndovu Wealth Limited launched its Money Market Fund, Ndovu Fund after getting regulatory approval in March...
Kenya’s Economy slows in the Q2 of 2024
Kenya’s economy grew by 4.6% year-on-year in the second quarter of 2024 compared to 5.6% in...
KQ launches Key Projects to cut Costs and Enhance Efficiency
Kenya Airways (KQ) announced on Tuesday that the airline has launched three sustainability and operational efficiency...
Kenya’s Inflation Rate Hit a Record Low of 3.6%
Kenya’s year-on-year inflation rate in September 2024 eased to 3.6% from 4.4% recorded in the previous...
AfDB invest $10 million in Kenya’s Dhamana Guarantee Company
African Development Bank (AfDB) has made a US$10 million strategic equity investment in Dhamana Guarantee Company,...
Kenya urged by Western nations to seek IMF review of corruption issues
In a significant development, Western countries have urged Kenya to consider an assessment of governance and...
TSC announces 46,000 Vacancies for Qualified Teachers
The Teachers Service Commission has announced 46,000 job opportunities for teachers on pensionable and permanent terms....
IMF and Ethiopia reaches staff-level agreement on the first review of the loan facility
Ethiopia and the International Monetary Fund have reached a staff-level agreement, which would unlock a US$...
NSE Derivatives Market Hits Record High
The Nairobi Securities Exchange (NSE) derivatives market turnover for the nine months of 2024 reached record...
Chinese Electric Car Maker BYD enters the Kenyan Market, launches three electric models
BYD, the Chinese electric vehicle manufacturer giant, has entered the Kenyan market, launching three of its...
Safaricom raises Ksh15 billion loan for its ESG Agenda
Safaricom has raised a Ksh15 billion sustainability-linked loan from four local banks for its Environmental, Social,...
Kenya Airways lost Kshs80 million during demonstrations against the Adani deal
Kenya Airways (KQ) suffered a substantial loss during a recent workers’ strike against the controversial government’s...
Safaricom Increases Internet Speeds for Home and Business Fibre Plans
Safaricom, Kenya’s largest telco, has increased the internet for home and business customers in response to...
Kenyan Shilling Remains Stable as Remittances Increases
The Kenyan Shilling on Monday remained stable against the US dollar and other global currencies, a...
Norfund and Irvine’s Group Pens US$18 Million Investment to Boost Poultry Operations
Norfund, the Norwegian Investment Fund, and Irvine’s Group have penned a US$18 million (Kes 2.2 billion)...
