Business Conditions Slightly Deteriorated in September-Stanbic PMI
Business conditions contracted slightly in September, implying that the pickup in August was due to some recovery after the disruptions ...
Mogo Auto Fined KShs. 10mn by Competition Regulator
Asset financier Mogo Auto limited has been ordered to pay a penalty of KSh10.9 million by the Competition Authority of ...
Early-stage Agritechs Targeted by US$ 20,000 Accelerator Program
Kuzana - an accelerator program for early stage startups - will select seven agri-based companies in January 2025, which will ...
Former Flutterwave Employee Loses $900K Appeal
Clara Wanjiku Odero, a Kenyan tech founder and CEO of Softbank-backed Credrails, has lost her appeal against Pan African fintech ...
Markets Expect CBK to Cut Interest Rates Again
The market expects a 0.5% or more cut in the benchmark lending rate from the Monetary Policy Committee (MPC) meeting ...
Sky Foods Collapses, 7 years after Acquiring ‘Treetops” Juice Brand
On September 26th, an administrator was appointed to take over all the company assets of the insolvent juice processor, Sky ...
Govt Plans to Delete ‘Konza’ from Technopolis Authority in New Bill
A new, government sponsored, bill before the National Assembly is seeking to replace Konza Development Authority with Technopolis Development Authority. ...
Kenya’s Economic Growth Slowed Down to 4.6%, a Two-Year Low, in Q2
Kenya's economic growth rate fell to a 2-year low, expanding 4.6% in the second quarter of 2024, down from 5.6% ...
Ndovu Wealth Launches Money Market Fund after CMA Greenlight
Ndovu Wealth Limited has launched its Money Market Fund (MMF) - Ndovu Fund - after formal approval from the Capital ...
African Finance Corporation Issues US$500mn Eurobond Listed on LSE
The African Finance Corporation (AFC) has successfully issued a US$500mn 144A//Reg S Eurobond on a five year bond, issued at ...