Kenyans Adopt Multiple Businesses to Stay Relevant-CBK Survey
Kenyans are running multiple businesses in a new strategy to avoid risks such as the disruption of income and livelihoods associated with relying on one source of income. Micro and [...]
Shelter Afrique Pushes for Climate-Resilient Housing
Shelter Afrique, a Nairobi-based pan-African housing development financier Shelter has implored African governments to adopt climate-resilient housing and create incentives for the production of well-located affordable housing that minimizes construction [...]
Last Minute Proposal to Save Kenya’s Sugar Industry From Death Unveiled
Key players in Kenya’s sugar industry are proposing a number of changes to uplift dwindling fortunes of sugar sector, currently supporting over 400,000 small-scale farmers, who supply over 90 per [...]SACCOs With Members' Deposits Above KSh 1 Billion Increase by 4 Report
SACCOs engaged in deposit-taking business with members’ savings above the KSh 1 billion threshold increased following the entry into this exclusive billionaires’ club by Defense Sacco Society, Faridi Sacco in [...]CBK Calls for Vigilance Following Approval of New Mobile Money Limits
The Central Bank of Kenya (CBK) is calling for an enhanced vigilance in mobile money transaction to mitigate cases of money laundering, financing of terrorism and proliferation finance. The call [...]SACCOs Are Most Preferred Choice for Savers- Report
Savings and Credit Co-operative Societies (SACCOs) loans and advances outweigh the deposits, an indication that SACCOs are the preferred loaning institutions by savers due to their competitive rates, and social [...]CBK Accepts Bids Worth KSh 38.8 billion at Weekly T-bills Auction, 161.8% Oversubscription
Central Bank of Kenya(CBK) received bids worth KSh 38.8 billion at the weekly treasury bills auction out of KSh 24 billion on offer, an oversubscription of 161.8%, and accepted bids [...]John Paul Okwiri Appointed Konza Technopolis CEO
John Paul Okwiri has been appointed the Chief Executive Officer of Konza Technopolis Development Authority (KoTDA). The agency is mandated to implement the Konza Technopolis project. In a statement, the [...]EAC Gears for Launch of Regional Digital Integration Project
The East Africa Community (EAC) is getting ready for the launch of the Eastern Africa Regional Digital Integration Project (EA-RDIP). The project is a vital regional initiative that is set [...]Kenya’s Relatively Calm Political Climate Lifts Economic Activity August PMI
Kenya’s private sector activity improved slightly for the first time in seven months of this year, attributed to the relatively calm political environment, the August Stanbic Bank Kenya Purchasing Managers [...]Alex Okosi to Head Google’s Africa Operations
Google has picked Alex Okosi, currently Managing Director for YouTube in EMEA Emerging Markets as its new Managing Director for Africa. In his new role, Okosi will be responsible for [...]USAID is Investing $ 1.4M to Support Kenya’s Carbon Market Activation Plan
The U.S. Agency for International Development(USAID) is investing $1.4 million to support the Government of Kenya in developing its carbon market activation plan and regulatory and legal framework around carbon [...]
