Gov’t Bill Seeks to Regulate Churches, Tax Non-Charitable Activities
Senator Danson Mungatana (Tana River, UDA) has proposed a new bill that would establish the office of registrar for religious ...
Starlink Introduces Cheaper ‘Mini’ Kit in Kenya, Costs KSh 27,000
Satellite internet provider, Starlink, has unveiled the 'Starlink Mini Kit' which will cost KSh 27,000 (US$30.87) and serve a maximum ...
Govt, Safaricom-led Consortium Snub Social Health Fund Migration Briefing Few Days to Rollout
A meeting convened by the Ministry of Health and the private sector on Friday to brief media on the 1st ...
Gov’t Seeks KSh 30bn from Reopened Bonds in October Sale
The Central Bank of Kenya (CBK) is seeking to raise KSh30 billion from two reopened bonds for budgetary support in ...
US Fed Interest Rate Cuts Weighs on Dollar, Gold Stable as Oil Edges Lower
The US Dollar, as measured by the DXY Index, extended losses on Thursday to trade below the 101 mark, amid ...
Tanzania’s Central Bank Tightens Regulations on Digital Lenders
The Bank of Tanzania (BoT) has published regulations to protect borrowers from abusive digital lending practices of tier-2 microfinance institutions, ...
Moody’s Upgrades Africa Finance Corporation’s Credit Rating
Moody's Investor's Service has upgraded infrastructure solutions provider Africa Finance Corporation's (AFC) credit rating from "Negative" to "Stable." The ratings ...
HSBC to Exit South Africa in Deals with Absa, FirstRand
Multinational British lender HSBC Holdings has agreed to transfer its South African business to FirstRand and Absa in separate deals ...
Value of Cut Flower Exports Fell by 21.2% to KShs. 5.2bn in June- KNBS
The volume of exported cut flowers dropped from 8.6 thousand metric tonnes in May 2024 to 6.7 thousand metric tonnes ...
Safaricom Investment Co-operative Rebrands to SIC Investment
Safaricom Investment Cooperative has rebranded to SIC Investment Cooperative as part of its 2023-2027 strategic plan. Founded in 2009, SIC ...