UAP Old Mutual, KICD Ink KSh 21 Million Financial Literacy Deal
Financial literacy is to be integrated into the newly launched competency-based curriculum dubbed Learn. Think. Do. This is through a KSh 21 Million partnership between UAP Old Mutual Group and [...]
Treasury Accelerates Budget-Making Process Ahead of 2022 Polls
Treasury has moved the 2022/23 budget-making process ahead by one month to begin in August this year because of the forthcoming polls scheduled for August 9th, 2022. In a public [...]Acorn Green Bond raises KSh 2.096 Billion, 146% Oversubscription
Acorn Green Medium-Term-Note (MTN) programme has closed the final tranche with the issuer raising KSh 2.1 Billion against a target of KSh 1.4 Billion, representing a performance rate of 146%. [...]BAT Half-Year Revenue Jumps to KSh20.2 Billion Boosted by Domestic Sales
BAT Kenya has reported a 22% increase in revenue in the six months that ended on 30th June 2021 to KSh20.245 billion compared to KSh16.615 billion posted in the same [...]
NSE lists Liberty Kenya as Day's Top Price Gainer
The Nairobi Securities Exchange (NSE) has recorded Liberty Kenya as the day's top price gainer with 9.81% share price appreciation closing at KSh 9.40 per share. With a market capitalization [...]Kenya's Five-Month Mobile Money Transactions Climb 56% to KSh2.7 Trillion From a Year Ago
Mobile money transactions have been on the rise in recent months as more Kenyans prefer digital payments to cash payments. The onset of the covid19 pandemic pushed businesses and consumers [...]Goldplat Plc to pay Shareholders after Sale of Kenya's Kilimapesa Mines
Goldplat Plc, a UK-based mining company with interests in South Africa, Ghana and Burkina Faso, has said it will pay royalties and surplus cash to shareholders as it nears completion [...]Lamu Port Receives its first Transhipment Bulk Cargo Vessel
Lamu port has received a large cargo vessel, reaffirming its position as a vital transhipment hub in East Africa. According to John Mwangemi, Kenya Ports Authority MD, the arrival of [...]Banks Restructure Loans to Enterprises worth KSh 234.7 Billion Central Bank
A total of 72,559 micro, small and medium-sized enterprises(MSME) loan facilities in the banking industry valued at Sh 234.7 billion were restructured in 2020, says the Central Bank of Kenya [...]Zoom Users in Kenya to Pay 16% VAT beginning August 2021
With its Headquarters in San Jose, United States, Zoom Video Communications Inc has informed its customers in Kenya of plans to begin charging Value Added Tax(VAT) on its supplies beginning [...]Plans to Lease 5 State-owned Sugar Mills Still On -Munya
The Cabinet Secretary for Agriculture, Livestock, Fisheries and C0-operatives Peter Munya has said plans to lease 5 financially troubled state-owned sugar factories is still on the cards. This is despite [...]Kenya Issues Draft Regulations for Crowdfunding Platforms
The Cabinet Secretary for National Treasury and Planning has published regulations that require all persons who operate or intend to operate an investment-based crowdfunding platform, to obtain approval from the [...]
