Kenya’s Women Entrepreneurs Held Back from Corporate Procurement
When Annmarie and Nancy Kathendu – the two sisters – walked to Nakumatt in 2014, they were attempting to disrupt a grocery market largely dominated by men. Armed with a [...]
Kenyan Small Scale Traders Plea To The Chinese; Please Leave Our Mitumba Businesses To Us
Dejected and deflated, Kennedy Waweru sits outside his clothing store at Gikomba Market, Kenya’s largest trading centre, located a few metres from Nairobi’s Central Business District. In the past year, [...]
KBA to Support Govt as 5 Banks, Officials, Individuals and Entities Recommended for Money Laundering Charges by ODPP
Kenya Bankers Association says it will continue to support the government in fight against money laundering, as the Office of the Director of Public Prosecutions recommends for prosecution against five [...]
CBA and NIC Merger a Credit Positive – Moody’s
The planned merger between Commercial Bank of Africa Ltd and NIC Group Plc is a credit positive for the two banks, says Moody’s Investor Service. This is because it will [...]
Kenyan Government Has an Option to Reorganise its Debt Portfolio CBK
Kenyan government has an option to reorganise its debt portfolio in order to reduce its stress, and achieve its commitment of narrowing its fiscal deficit. Central Bank’s Governor Patrick Njoroge [...]
President Kenyatta Forms Four Committees to Oversee Big Four Agenda Delivery
President Uhuru Kenyatta has constituted a National Development Implementation and Communication Cabinet Committee that will oversee the delivery and oversight of national government development programmes and projects. The newly formed [...]
Kenya’s South Lokichar Basin by Tullow Oil among top 10 Developments that will Shape Africa’s Energy Sector in 2019
Kenya’s South Lokichar Basin by Tullow Oil, where Financial Investment Decision is expected before end of the year amidst rising tensions with the Turkana local community, has been named as [...]
Sanlam Kenya to Pursue its Ksh1.1B Lost Through Corporate Bonds
Sanlam Kenya says it will pursue, to the bitter end, recovery of Ksh1.114 billion it lent to various corporates before they were declared insolvent. Patrick Tumbo, the new regional Sanlam [...]
Moody’s Downgrades Kenya’s Creditworthiness a Notch Lower
Moody’s Investors Service has downgraded Kenya’s sovereign creditworthiness for 2019 a notch lower due to rising liquidity risk, increased external vulnerability and higher reliance on commercial external debt. Kenya now [...]
Rotich's Draft Budget Policy Statement Shows that Govt does not Intend to Slow its Appetite for Risky Borrowing
Henry Rotich’s 2019 draft Budget Policy Statement, introduced for public participation by the National Treasury before it is finalised and submitted to the cabinet for approval by 25 January 2019, [...]
Kenya is the Fastest Growing Nation Brands Globally
Kenya has improved his image globally, securing position 72 with a brand rating of A+, a survey by UK-based Brand Finance has shown. In the annual report of the most [...]
French-based Cerba HealthCare to take over Operations at Lancet Laboratories
Cerba HealthCare will take control of Lancet Laboratories after announcing a joint venture to “strengthen provision of effective, evidence-based healthcare across Africa”. Lancet Laboratories, a medical lab services provider with [...]
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