Kenya joins Global Ranking of leading Avocado Exporters in the World- UN FAO
Kenya has joined the top league of major avocado exporters in the world according to figures from the United Nations Food and Agriculture Organization(FAO). Kenya features in the list of [...]
SRC Issues Advisory on Fat Allowances Paid to Public Servants
The Salaries and Remuneration Commission(SRC) is in the process of completing a review of allowances paid to public officers and has sent out an advisory that certain payments should not [...]Michael Joseph Resigns From Safaricom Board
Safaricom’s founding Chief Executive Officer Michael Joseph has resigned from his role as the director of the telecommunications company, with effect from 1 August 2023. In a communication, Safaricom said [...]
Kenya Government to Spend KSh 42 Million on Edible Oils Value Chain at the Coast
The Kenya Government, through the State Department for Crop Development, plans to spend more than KSh 42 Million to support farmers plating edible oils crops in the Coastal regions of [...]EGADS Net Profit Ups 14.16% to KSh 10.88M
Eaagads(EGADS) Limited, a listed coffee dealer, has posted a 14.16% increase in PAT to 10.88Million driven by 84.57% increase in coffee production, attributable to favourable weather condition, which saw a [...]Liberty Kenya Holdings Plc Appoints Kieran Godden As New CEO
Liberty Kenya Holdings PLC has announced the appointment of Kieran Godden as Group Chief Executive and director of the Company, effective August 1, 2023. He replaces Godfrey Kioi who was [...]KBA Urges Retention of Benchmark Rate
Kenya Bankers Association (KBA) has urged the Monetary Policy Committee, a top policy making organ of the Central Bank of Kenya(CBK) to retain the benchmark rate at 10.50%. KBA said [...]Moody’s Comments on Kenya’s Eurobond Buyback Plan ‘Speculative’ APRM
Moody’s Credit Rating Agency comments on Kenya’s planned buyback of its Eurobond debt as a default, has been dismissed as highly premature, speculative and damaging by the African Credit Rating [...]Kenya Picks Taskforce to Speed Up E-mobility Rollout
The government has formed a taskforce for the smooth uptake of e-mobility in the country in a move to reduce pollution related to fossil fuel. The taskforce is expected to [...]Prices of Most Food Products Ease as Fare Goes Up in Some Routes
The cost of living marginally eased in July compared to June to 7.3 per cent, majorly driven by a decrease in the prices of food and non-alcoholic beverages. Prices of [...]Sugar Prices Skyrocket in Kenya as Millers Shut Due to Cane Shortage
Sugar prices in Kenya’s retail markets have shot up over the past few weeks, causing a deep hole in the pockets of many households even as the salaried await further [...]CBK Accepts Bids Worth KSh 10.3 Billion at Weekly T-Bills Auction
The Central Bank of Kenya(CBK) collected KSh 10.3 billion at the weekly treasury bills auction out of bids worth KSh 11.3 billion received, a performance rate of 47.1%. Bidders were [...]
