Kenya, South Sudan Sign Fiber Optic Cable MoU
Kenya is committed to strengthening bilateral relations with South Sudan for the mutual benefit of the citizens of the two nations. President William Ruto said the two countries are pursuing [...]
Stanbic Commits to Sustainable Projects
Stanbic has affirmed commitment towards ensuring a just transition for clients and the community through financing solutions that enable climate adaptation and mitigation in a sustainable and inclusive way. This [...]CBK Collects KSh 43.6Billion at Weekly T-Bills Auction, 186% Oversubscription
The Central Bank of Kenya(CBK) accepted bids worth KSh 43.6 billion at the Weekly Treasury Bills Auction conducted this Thursday 17th August 2023 after receiving bids worth KSh 44.7 billion, [...]
Nation Media Group Profit Declines 98.8% to KSh 2.9Million as Newsprint Costs Rise
Nation Media Group(NMG), the regional media powerhouse in East Africa, posted a significant decline in Net Earnings to KSh 2.9 Million at the end of the half year period ended [...]Waweru Njenga Appointed New KenGen Managing Director
KenGen has appointed Peter Waweru Njenga as the Company’s Managing Director and Chief Executive Officer. He assumes the position previously held in acting capacity by Abraham Serem. Prior to his [...]Pending Non-Tarrif Barriers and National Protection Frustrate Intra-EAC Trade
The East African Community (EAC) has resolved 26 non-Tarrif Barriers out of 33 reported as of June 2023. The secretariate is however calling for speedy resolution of the remaining seven [...]Devolution at 10: Salary Review for Kenya’s MCAs Ignites Debate
President William Ruto has waded into the debate on salary review for the Members of County Assemblies (MCAs) offering no clear direction, however opting to throw the ball back to [...]Kenya Stock Market Upbeat on Return of Foreign Investors
The Nairobi Securities Exchange (NSE) expects increased activity following significant efforts to bring back foreign investors, who are for long dominated trading at the bourse. Figures from the Capital Markets [...]Kenya's Strategy for Carbon Market Dominance
In recent years, Kenya has been diligently carving a niche for itself in the global fight against climate change. The country's proactive approach, highlighted by the establishment of a burgeoning [...]NMG's 2nd Share Buyback Aims to Counter Undervaluation and Reward Shareholders
Shareholders of Nation Media Group are poised to benefit from the listed firm's second share buyback program, run by Faida Investment Bank. The firm expects to shore up its share [...]Safaricom Wants Fibre Classified as Critical infrastructure
Safaricom has petitioned the government to classify fibre as a critical infrastructure to help providers manage costs linked to destructions. According to the Telco’s Chief Executive Officer Peter Ndegwa, the [...]Kenyan Firms Cautious About Hiring Staff, Contrary to Banking Sector
Kenya’s banking industry is expecting to hire more workforce this year to support their planned business growth and bank functions to fulfil strategic objectives. Market Perceptions Survey by the Central [...]
