Coffee prices Rebound at the Auction on the Back of Good Quality Beans
The price of coffee at the auction rebounded in the latest sale on the back of quality beans that are now streaming in the market. The market report from the [...]
Kenyans in Diaspora Sent KES 42 Billion in November CBK
Remittance inflows remained strong at USD 345.5 million in November compared to USD 332.6 million in October, an increase of 3.9 per cent. According to the latestCBK Weekly Bulleting, the [...]
How to Open a Precious Metal IRA Account
Precious metals IRA accounts are a type of retirement account that allows investors to hold physical gold, silver, platinum, and palladium in their retirement portfolios. Unlike traditional IRAs, which invest [...]Kenyan Edtech, Zeraki Raises $1.8 Million in Seed Funding
Zeraki, a Kenyan edtech company that developed digital learning and school data analytics platforms, has raised $1.8 million in seed funding led by Acumen Fund for product catalogue expansion and [...]Kenya Power's Last Mile Connectivity Project Gets Funding from French Development Agency
Kenya Power plans to connect 280,500 homes in 32 counties with cheap electricity under the controversial Last Mile Connectivity Project. The latest phase of the State-backed project, which links homes to [...]World Bank Backs NSSF's Bid to Increase Monthly Contributions to KES 2,068
The World Bank has backed Kenya’s efforts to increase NSSF contributions by workers from the current KES 200 per month to six per cent of monthly pay. This is a [...]IFC Commits KES 39 Billion for Nairobi Mau Summit Highway Construction
The World Bank's private financing arm, the International Finance Corporation (IFC) has committed KES 39 billion towards construction of the proposed KES 160 billion toll highway from Nairobi to Mau [...]Savannah Cement Picks Chinese Firm to Construct $300 Million Plant
Savannah Cement Limited has contracted China-based Sinoma International Engineering to construct its Kitui cement plant at $300 million. The company will build an 8,000 tonnes per day clinker plant together [...]KRA Wins KES 621 million Battle against Coop Bank
Kenya Revenue Authority (KRA) has won a Kes621 million tax battle against the Co-operative Bank of Kenya arising from financial transactions between 2013 and 2015. The tax appeals tribunal's decision [...]UK Commits KES 11.9 Billion towards Nairobi Railways City
The United Kingdom (UK) has committed KES 11.9 billion to build a green city of office blocks, malls and a light industrial hub on Kenya Railways land in fresh efforts to [...]GoK Loses KES 9.75 Billion in Potential Tax Annually due to Counterfeits
Combating the proliferation of counterfeits goods will expand Kenya’s annual worth of manufacturing valued added products from KES 650 billion to over KES 1 trillion. According to Anti Counterfeit Authority [...]President William Ruto Launches The Mavoko Affordable Housing Project in Machakos County
President William Ruto on Wednesday launched 5300 housing units in Syokimau as part of the Kenya Kwanza commitment to achieve an affordable housing plan. Speaking during the groundbreaking of the [...]
